Capital Innovations LLC decreased its holdings in Kinder Morgan Inc (NYSE:KMI) by 26.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,224 shares of the pipeline company’s stock after selling 3,650 shares during the quarter. Capital Innovations LLC’s holdings in Kinder Morgan were worth $185,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. North Star Asset Management Inc. raised its position in Kinder Morgan by 0.6% in the 2nd quarter. North Star Asset Management Inc. now owns 10,029 shares of the pipeline company’s stock valued at $192,000 after purchasing an additional 61 shares during the last quarter. Sentry Investment Management LLC raised its position in Kinder Morgan by 1.0% in the 2nd quarter. Sentry Investment Management LLC now owns 152,821 shares of the pipeline company’s stock valued at $2,928,000 after purchasing an additional 1,532 shares during the last quarter. Paradigm Financial Advisors LLC raised its position in Kinder Morgan by 2.8% in the 2nd quarter. Paradigm Financial Advisors LLC now owns 77,361 shares of the pipeline company’s stock valued at $1,482,000 after purchasing an additional 2,082 shares during the last quarter. IFM Investors Pty Ltd raised its position in Kinder Morgan by 5.7% in the 3rd quarter. IFM Investors Pty Ltd now owns 57,235 shares of the pipeline company’s stock valued at $1,098,000 after purchasing an additional 3,072 shares during the last quarter. Finally, Callahan Advisors LLC raised its position in Kinder Morgan by 0.8% in the 4th quarter. Callahan Advisors LLC now owns 425,080 shares of the pipeline company’s stock valued at $7,681,000 after purchasing an additional 3,198 shares during the last quarter. Hedge funds and other institutional investors own 60.57% of the company’s stock.

Shares of Kinder Morgan Inc (NYSE KMI) opened at $17.24 on Monday. The company has a market capitalization of $38,500.00, a price-to-earnings ratio of 1,724.00, a PEG ratio of 1.17 and a beta of 0.56. Kinder Morgan Inc has a 52 week low of $16.56 and a 52 week high of $22.70. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.44 and a quick ratio of 0.35.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, January 17th. The pipeline company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Kinder Morgan had a return on equity of 4.38% and a net margin of 1.34%. The business had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.52 billion. During the same period in the previous year, the firm earned $0.08 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. sell-side analysts predict that Kinder Morgan Inc will post 0.82 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.90%. Kinder Morgan’s dividend payout ratio (DPR) is presently 5,000.00%.

In related news, Director William A. Smith acquired 5,500 shares of the firm’s stock in a transaction that occurred on Monday, January 22nd. The stock was acquired at an average cost of $19.52 per share, with a total value of $107,360.00. Following the completion of the purchase, the director now directly owns 14,587 shares in the company, valued at $284,738.24. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Thomas A. Martin acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were bought at an average cost of $17.10 per share, with a total value of $51,300.00. The disclosure for this purchase can be found here. 13.99% of the stock is owned by insiders.

KMI has been the subject of several research analyst reports. Argus upgraded Kinder Morgan from a “hold” rating to a “buy” rating in a research report on Monday, January 29th. They noted that the move was a valuation call. SunTrust Banks set a $23.00 price objective on Kinder Morgan and gave the company a “buy” rating in a research report on Thursday, October 19th. Stifel Nicolaus cut their price objective on Kinder Morgan from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday, October 24th. Royal Bank of Canada reissued a “hold” rating and issued a $22.00 target price on shares of Kinder Morgan in a research note on Wednesday, November 15th. Finally, Mizuho reissued a “hold” rating and issued a $22.00 target price on shares of Kinder Morgan in a research note on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.66.

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About Kinder Morgan

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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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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