Kinder Morgan, Inc. (NYSE:KMI) Stock Holdings Lowered by Y.D. More Investments Ltd

Y.D. More Investments Ltd trimmed its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 17.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,211 shares of the pipeline company’s stock after selling 1,480 shares during the period. Y.D. More Investments Ltd’s holdings in Kinder Morgan were worth $198,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Czech National Bank boosted its position in shares of Kinder Morgan by 6.9% during the 3rd quarter. Czech National Bank now owns 393,351 shares of the pipeline company’s stock valued at $8,689,000 after purchasing an additional 25,406 shares in the last quarter. GAMMA Investing LLC grew its stake in Kinder Morgan by 34.1% during the 3rd quarter. GAMMA Investing LLC now owns 27,260 shares of the pipeline company’s stock valued at $602,000 after acquiring an additional 6,932 shares in the last quarter. Diversified Trust Co purchased a new stake in shares of Kinder Morgan in the third quarter worth approximately $467,000. Ignite Planners LLC acquired a new stake in shares of Kinder Morgan during the third quarter worth approximately $213,000. Finally, Atomi Financial Group Inc. grew its position in Kinder Morgan by 8.5% during the third quarter. Atomi Financial Group Inc. now owns 64,838 shares of the pipeline company’s stock valued at $1,432,000 after purchasing an additional 5,080 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Stock Performance

Shares of KMI opened at $27.64 on Thursday. The company has a market capitalization of $61.41 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 3.12 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.35. Kinder Morgan, Inc. has a one year low of $16.47 and a one year high of $31.48. The company’s fifty day moving average price is $27.95 and its 200 day moving average price is $24.85.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. As a group, analysts expect that Kinder Morgan, Inc. will post 1.28 earnings per share for the current year.

Kinder Morgan Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date is Monday, February 3rd. Kinder Morgan’s dividend payout ratio is currently 98.29%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Truist Financial lifted their target price on shares of Kinder Morgan from $25.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Morgan Stanley boosted their target price on Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. Barclays lifted their price target on Kinder Morgan from $27.00 to $31.00 and gave the company an “equal weight” rating in a report on Thursday, January 16th. Mizuho increased their price objective on Kinder Morgan from $31.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, The Goldman Sachs Group lifted their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.14.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total value of $502,380.00. Following the completion of the transaction, the president now owns 861,652 shares of the company’s stock, valued at $24,048,707.32. This represents a 2.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 12.81% of the stock is owned by corporate insiders.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.