B. Metzler seel. Sohn & Co. AG lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 17.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 56,379 shares of the pipeline company’s stock after purchasing an additional 8,363 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Kinder Morgan were worth $1,545,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Kinder Morgan during the fourth quarter worth $917,523,000. Raymond James Financial Inc. bought a new stake in shares of Kinder Morgan in the fourth quarter valued at about $157,804,000. Artisan Partners Limited Partnership bought a new position in shares of Kinder Morgan during the fourth quarter worth about $87,729,000. Amundi raised its position in Kinder Morgan by 28.9% in the 4th quarter. Amundi now owns 11,819,777 shares of the pipeline company’s stock valued at $334,381,000 after buying an additional 2,650,040 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in Kinder Morgan by 223.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 3,465,980 shares of the pipeline company’s stock worth $94,968,000 after acquiring an additional 2,395,930 shares during the last quarter. 62.52% of the stock is owned by institutional investors.
Insider Buying and Selling at Kinder Morgan
In other Kinder Morgan news, VP John W. Schlosser sold 75,461 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the transaction, the vice president now directly owns 220,681 shares of the company’s stock, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $27.70, for a total transaction of $498,600.00. Following the sale, the president now directly owns 843,652 shares of the company’s stock, valued at approximately $23,369,160.40. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 111,461 shares of company stock valued at $2,988,616 in the last three months. Corporate insiders own 12.81% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Research Report on KMI
Kinder Morgan Stock Up 1.0 %
KMI opened at $28.93 on Thursday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49. The stock has a fifty day moving average of $27.35 and a 200-day moving average of $26.54. Kinder Morgan, Inc. has a fifty-two week low of $17.61 and a fifty-two week high of $31.48. The company has a market capitalization of $64.28 billion, a P/E ratio of 24.73, a P/E/G ratio of 3.08 and a beta of 0.94.
Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings data 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%. On average, equities analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current year.
Kinder Morgan Dividend Announcement
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. The ex-dividend date was Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a yield of 3.98%. Kinder Morgan’s dividend payout ratio (DPR) is presently 98.29%.
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.
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