Kinder Morgan, Inc. (NYSE:KMI) VP Thomas A. Martin purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was acquired at an average cost of $17.10 per share, with a total value of $51,300.00. The purchase was disclosed in a filing with the SEC, which is available through this link.

Kinder Morgan, Inc. (NYSE KMI) traded down $0.11 during trading on Wednesday, hitting $17.14. 13,973,600 shares of the stock traded hands, compared to its average volume of 11,521,160. The stock has a market cap of $38,020.00, a PE ratio of 26.54, a P/E/G ratio of 1.34 and a beta of 0.62. Kinder Morgan, Inc. has a 1-year low of $16.68 and a 1-year high of $23.01. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.96.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data on Wednesday, October 18th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. The business had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.21 billion. Kinder Morgan had a net margin of 10.39% and a return on equity of 4.33%. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) EPS. sell-side analysts expect that Kinder Morgan, Inc. will post 0.64 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $0.50 annualized dividend and a dividend yield of 2.92%. Kinder Morgan’s dividend payout ratio (DPR) is currently 89.29%.

Several institutional investors have recently added to or reduced their stakes in KMI. Commonwealth Bank of Australia raised its stake in Kinder Morgan by 45.9% during the 2nd quarter. Commonwealth Bank of Australia now owns 19,733,993 shares of the pipeline company’s stock worth $378,101,000 after acquiring an additional 6,205,165 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Kinder Morgan by 17.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 13,950,108 shares of the pipeline company’s stock worth $267,575,000 after acquiring an additional 2,048,560 shares in the last quarter. Tortoise Capital Advisors L.L.C. raised its stake in Kinder Morgan by 11.0% during the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 13,908,625 shares of the pipeline company’s stock worth $266,767,000 after acquiring an additional 1,373,610 shares in the last quarter. Atlantic Trust Group LLC raised its stake in Kinder Morgan by 1.3% during the 2nd quarter. Atlantic Trust Group LLC now owns 11,484,627 shares of the pipeline company’s stock worth $220,046,000 after acquiring an additional 146,901 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in Kinder Morgan by 6.0% during the 3rd quarter. Legal & General Group Plc now owns 11,314,018 shares of the pipeline company’s stock worth $217,014,000 after acquiring an additional 636,683 shares in the last quarter. 60.88% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have commented on KMI shares. Stifel Nicolaus decreased their price target on shares of Kinder Morgan from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday, October 24th. Goldman Sachs Group cut shares of Kinder Morgan from a “buy” rating to a “neutral” rating and raised their price target for the company from $18.81 to $22.00 in a research report on Tuesday, October 17th. Morgan Stanley decreased their price target on shares of Kinder Morgan from $25.00 to $24.00 and set an “overweight” rating for the company in a research report on Friday, November 17th. Zacks Investment Research raised shares of Kinder Morgan from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, SunTrust Banks set a $23.00 price target on shares of Kinder Morgan and gave the company a “buy” rating in a research report on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $22.97.

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Kinder Morgan Company Profile

Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.

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