Kinder Morgan, Inc. (NYSE:KMI) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV increased its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 111.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,440 shares of the pipeline company’s stock after buying an additional 2,864 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Kinder Morgan were worth $149,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Natixis Advisors LLC lifted its position in Kinder Morgan by 49.4% during the third quarter. Natixis Advisors LLC now owns 631,901 shares of the pipeline company’s stock valued at $13,959,000 after purchasing an additional 208,981 shares during the period. Pathstone Holdings LLC lifted its holdings in shares of Kinder Morgan by 1.7% in the 3rd quarter. Pathstone Holdings LLC now owns 178,659 shares of the pipeline company’s stock valued at $3,947,000 after buying an additional 2,918 shares during the period. Caprock Group LLC boosted its stake in shares of Kinder Morgan by 89.3% in the third quarter. Caprock Group LLC now owns 67,334 shares of the pipeline company’s stock worth $1,487,000 after buying an additional 31,767 shares during the last quarter. Prospera Financial Services Inc raised its position in Kinder Morgan by 0.4% during the third quarter. Prospera Financial Services Inc now owns 150,430 shares of the pipeline company’s stock valued at $3,324,000 after acquiring an additional 590 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Kinder Morgan in the third quarter valued at approximately $1,061,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP John W. Schlosser sold 75,461 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the sale, the vice president now owns 220,681 shares in the company, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were 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 in the company, valued at $24,048,707.32. This represents a 2.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock valued at $3,490,996 in the last three months. 12.64% of the stock is currently owned by insiders.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $28.08 on Friday. The firm has a 50-day simple moving average of $27.58 and a 200-day simple moving average of $26.05. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $62.38 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94. Kinder Morgan, Inc. has a 52 week low of $17.61 and a 52 week high of $31.48.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. On average, equities analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date was Monday, February 3rd. Kinder Morgan’s dividend payout ratio (DPR) is currently 98.29%.

Analyst Ratings Changes

Several research firms have recently weighed in on KMI. Scotiabank assumed coverage on shares of Kinder Morgan in a report on Friday, January 10th. They set a “sector perform” rating and a $26.00 target price for the company. The Goldman Sachs Group upped their price objective on shares of Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Truist Financial raised their target price on Kinder Morgan from $25.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Wells Fargo & Company upped their price target on Kinder Morgan from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, Morgan Stanley boosted their price objective on Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.64.

About Kinder Morgan

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.