KBC Group NV boosted its place in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 0.5% within the third quarter, based on its most up-to-date submitting with the SEC. The agency owned 237,353 shares of the pipeline firm’s inventory after buying an extra 1,265 shares in the course of the interval. KBC Group NV’s holdings in Kinder Morgan have been price $5,243,000 on the finish of the latest reporting interval.
A number of different institutional traders additionally not too long ago purchased and bought shares of KMI. SignalPoint Asset Administration LLC grew its place in shares of Kinder Morgan by 1.5% within the third quarter. SignalPoint Asset Administration LLC now owns 30,059 shares of the pipeline firm’s inventory price $655,000 after buying an extra 447 shares within the final quarter. Belief Co. of Oklahoma boosted its holdings in Kinder Morgan by 1.5% within the third quarter. Belief Co. of Oklahoma now owns 33,586 shares of the pipeline firm’s inventory price $742,000 after buying an extra 486 shares in the course of the interval. Pinnacle West Asset Administration Inc. elevated its stake in Kinder Morgan by 0.5% in the course of the third quarter. Pinnacle West Asset Administration Inc. now owns 96,150 shares of the pipeline firm’s inventory valued at $2,124,000 after buying an extra 500 shares over the last quarter. Carson Advisory Inc. raised its holdings in shares of Kinder Morgan by 3.4% in the course of the third quarter. Carson Advisory Inc. now owns 15,901 shares of the pipeline firm’s inventory price $351,000 after buying an extra 522 shares in the course of the interval. Lastly, Oregon Public Workers Retirement Fund lifted its place in shares of Kinder Morgan by 0.3% within the 2nd quarter. Oregon Public Workers Retirement Fund now owns 165,827 shares of the pipeline firm’s inventory price $3,295,000 after shopping for an extra 530 shares over the last quarter. 62.52% of the inventory is at present owned by institutional traders and hedge funds.
Kinder Morgan Buying and selling Up 1.9 %
Shares of NYSE:KMI opened at $27.27 on Monday. Kinder Morgan, Inc. has a twelve month low of $16.47 and a twelve month excessive of $27.58. The corporate has a present ratio of 0.46, a fast ratio of 0.35 and a debt-to-equity ratio of 0.95. The agency has a market cap of $60.58 billion, a P/E ratio of 23.92, a P/E/G ratio of three.75 and a beta of 0.91. The corporate has a 50 day shifting common of $23.84 and a 200-day shifting common of $21.50.
Kinder Morgan (NYSE:KMI – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, October sixteenth. The pipeline firm reported $0.25 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.27 by ($0.02). Kinder Morgan had a web margin of 16.76% and a return on fairness of seven.87%. The agency had income of $3.70 billion for the quarter, in comparison with the consensus estimate of $4.05 billion. Throughout the identical interval within the earlier yr, the enterprise posted $0.25 earnings per share. The enterprise’s income for the quarter was down 5.3% in comparison with the identical quarter final yr. As a gaggle, analysts anticipate that Kinder Morgan, Inc. will submit 1.18 earnings per share for the present fiscal yr.
Kinder Morgan Dividend Announcement
The agency additionally not too long ago declared a quarterly dividend, which was paid on Friday, November fifteenth. Shareholders of report on Thursday, October thirty first got a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend was Thursday, October thirty first. Kinder Morgan’s dividend payout ratio (DPR) is presently 100.88%.
Insider Shopping for and Promoting at Kinder Morgan
In associated information, Director Amy W. Chronis bought 2,241 shares of the corporate’s inventory in a transaction on Tuesday, November fifth. The shares have been purchased at a mean worth of $24.89 per share, with a complete worth of $55,778.49. Following the completion of the acquisition, the director now owns 23,995 shares of the corporate’s inventory, valued at roughly $597,235.55. This represents a ten.30 % enhance of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is out there by way of the SEC web site. Additionally, President Thomas A. Martin bought 19,121 shares of the agency’s inventory in a transaction on Wednesday, November sixth. The inventory was bought at a mean worth of $26.28, for a complete worth of $502,499.88. Following the sale, the president now instantly owns 897,652 shares of the corporate’s inventory, valued at roughly $23,590,294.56. This represents a 2.09 % lower of their possession of the inventory. The disclosure for this sale might be discovered right here. 12.64% of the inventory is owned by company insiders.
Wall Avenue Analysts Forecast Progress
A number of equities analysis analysts not too long ago weighed in on KMI shares. Barclays elevated their worth goal on shares of Kinder Morgan from $22.00 to $24.00 and gave the inventory an “equal weight” score in a analysis observe on Monday, November 4th. Stifel Nicolaus boosted their worth goal on Kinder Morgan from $22.00 to $23.00 and gave the corporate a “maintain” score in a analysis report on Tuesday, August twenty seventh. Morgan Stanley set a $26.00 goal worth on Kinder Morgan in a analysis report on Friday, October 18th. Truist Monetary boosted their worth goal on shares of Kinder Morgan from $22.00 to $25.00 and gave the corporate a “maintain” score in a report on Thursday, October seventeenth. Lastly, UBS Group lifted their worth goal on shares of Kinder Morgan from $30.00 to $33.00 and gave the corporate a “purchase” score in a analysis report on Friday. Eight analysis analysts have rated the inventory with a maintain score, 4 have given a purchase score and two have assigned a powerful purchase score to the corporate’s inventory. In keeping with MarketBeat, the inventory presently has a mean score of “Reasonable Purchase” and a mean worth goal of $25.36.
Learn Our Newest Inventory Report on KMI
About Kinder Morgan
Kinder Morgan, Inc operates as an vitality infrastructure firm primarily in North America. The corporate operates by way of Pure Gasoline Pipelines, Merchandise Pipelines, Terminals, and CO2 segments. The Pure Gasoline Pipelines phase owns and operates interstate and intrastate pure fuel pipeline, and storage methods; pure fuel gathering methods and pure fuel processing and treating services; pure fuel liquids fractionation services and transportation methods; and liquefied pure fuel gasification, liquefaction, and storage services.
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