Kinder Morgan, Inc. (NYSE:KMI) Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 33.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,026 shares of the pipeline company’s stock after acquiring an additional 17,650 shares during the period. HB Wealth Management LLC’s holdings in Kinder Morgan were worth $1,918,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Duquesne Family Office LLC grew its holdings in Kinder Morgan by 74.0% during the 2nd quarter. Duquesne Family Office LLC now owns 6,753,165 shares of the pipeline company’s stock valued at $134,185,000 after purchasing an additional 2,872,665 shares in the last quarter. Barclays PLC grew its holdings in Kinder Morgan by 39.9% during the 3rd quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company’s stock valued at $180,833,000 after purchasing an additional 2,334,273 shares in the last quarter. National Bank of Canada FI boosted its stake in Kinder Morgan by 295.5% during the 3rd quarter. National Bank of Canada FI now owns 2,937,055 shares of the pipeline company’s stock valued at $64,879,000 after acquiring an additional 2,194,489 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Kinder Morgan by 1,849.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,164,637 shares of the pipeline company’s stock valued at $47,817,000 after acquiring an additional 2,053,612 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Kinder Morgan by 20.6% during the 2nd quarter. Marshall Wace LLP now owns 7,770,943 shares of the pipeline company’s stock valued at $154,409,000 after acquiring an additional 1,328,082 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Royal Bank of Canada increased their price objective on shares of Kinder Morgan from $24.00 to $26.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 22nd. Barclays increased their price objective on shares of Kinder Morgan from $27.00 to $31.00 and gave the company an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group increased their price objective 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. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley set a $26.00 price target on shares of Kinder Morgan in a research report on Friday, October 18th. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $27.00.

Kinder Morgan Trading Up 0.9 %

Shares of NYSE:KMI opened at $30.32 on Monday. The company has a market cap of $67.36 billion, a PE ratio of 26.59, a P/E/G ratio of 3.71 and a beta of 0.94. The company’s 50-day moving average price is $27.68 and its 200 day moving average price is $24.10. Kinder Morgan, Inc. has a fifty-two week low of $16.47 and a fifty-two week high of $30.51. The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 0.95.

Insider Activity at Kinder Morgan

In related news, Director Amy W. Chronis bought 2,241 shares of the stock in a transaction on Tuesday, November 5th. The shares were purchased at an average price of $24.89 per share, with a total value of $55,778.49. Following the purchase, the director now owns 23,995 shares in the company, valued at approximately $597,235.55. This represents a 10.30 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Thomas A. Martin sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $27.34, for a total transaction of $492,120.00. Following the transaction, the president now directly owns 879,652 shares in the company, valued at approximately $24,049,685.68. The trade was a 2.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 55,121 shares of company stock worth $1,497,000 in the last ninety days. 12.81% of the stock is owned by 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.