Notable Ownership Action: Kinder Morgan Inc (NYSE:KMI) Q2 2016 Institutional Investor Sentiment Steady

November 24, 2016 - By Ellis Scott   ·   0 Comments

Notable Ownership Action: Kinder Morgan Inc (NYSE:KMI)  Q2 2016 Institutional Investor Sentiment Steady

Sentiment for Kinder Morgan Inc (NYSE:KMI)

Kinder Morgan Inc (NYSE:KMI) institutional sentiment increased to 1 in 2016 Q2. Its up 0.01, from 0.99 in 2016Q1. The ratio has improved, as 406 investment professionals increased and started new equity positions, while 412 sold and reduced their equity positions in Kinder Morgan Inc. The investment professionals in our partner’s database now own: 1.20 billion shares, down from 1.22 billion shares in 2016Q1. Also, the number of investment professionals holding Kinder Morgan Inc in their top 10 equity positions increased from 30 to 33 for an increase of 3. Sold All: 80 Reduced: 332 Increased: 325 New Position: 81.

Kinder Morgan, Inc. is an energy infrastructure firm in North America. The company has a market cap of $48.36 billion. The Firm divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. It currently has negative earnings. The Company’s Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals.

The stock decreased 0.41% or $0.09 on November 23, hitting $21.8. About 8.20 million shares traded hands. Kinder Morgan Inc (NYSE:KMI) has risen 20.31% since April 22, 2016 and is uptrending. It has outperformed by 14.90% the S&P500.

Analysts await Kinder Morgan Inc (NYSE:KMI) to report earnings on January, 18. They expect $0.18 EPS, down 33.33% or $0.09 from last year’s $0.27 per share. KMI’s profit will be $399.30 million for 30.28 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by Kinder Morgan Inc for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

According to Zacks Investment Research, “Kinder Morgan, Inc. is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2). The Company operates: natural gas pipelines in the Rocky Mountains, the Midwest and Texas; refined petroleum products pipeline in North America; terminals for the storage of petroleum products and chemicals and CO2 pipelines and oil producing fields. Kinder Morgan, Inc. is headquartered in Houston, Texas.”

Highstar Capital Lp holds 100% of its portfolio in Kinder Morgan Inc for 908,699 shares. Tesuji Partners Llc owns 20.00 million shares or 23.71% of their US portfolio. Moreover, Flaherty & Crumrine Inc has 13.43% invested in the company for 792,300 shares. The Minnesota-based Travelers Companies Inc. has invested 9.55% in the stock. Rare Infrastructure Ltd, a Australia-based fund reported 10.51 million shares.#img1#

Kinder Morgan Inc (NYSE:KMI) Ratings Coverage

Ratings analysis reveals 69% of Kinder Morgan’s analysts are positive. Out of 16 Wall Street analysts rating Kinder Morgan, 11 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $14 while the high is $44. The stock’s average target of $24.86 is 14.04% above today’s ($21.8) share price. KMI was included in 41 notes of analysts from July 30, 2015. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, October 22. The firm has “Sector Perform” rating given on Friday, January 29 by RBC Capital Markets. Raymond James upgraded Kinder Morgan Inc (NYSE:KMI) on Monday, October 24 to “Strong Buy” rating. The stock of Kinder Morgan Inc (NYSE:KMI) has “Outperform” rating given on Thursday, December 3 by RBC Capital Markets. The firm has “Buy” rating by Goldman Sachs given on Sunday, August 16. Stifel Nicolaus upgraded the shares of KMI in a report on Thursday, October 20 to “Buy” rating. Argus Research downgraded Kinder Morgan Inc (NYSE:KMI) on Thursday, December 3 to “Hold” rating. The stock has “Overweight” rating given by Barclays Capital on Monday, July 18. On Thursday, October 22 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating given on Monday, September 28 by Bank of America.

KMI Company Profile

Kinder Morgan, Inc., incorporated on August 23, 2006, is an energy infrastructure firm in North America. The Firm owns an interest in or operates approximately 84,000 miles of pipelines and over 180 terminals. The Company’s divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Company’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle products, such as coal, petroleum coke and steel.

More notable recent Kinder Morgan Inc (NYSE:KMI) news were published by: Seekingalpha.com which released: “Kinder Morgan: The Good, Bad And Ugly Truth” on November 22, 2016, also Foxbusiness.com with their article: “A Close Look at Kinder Morgan Inc’s Dividend Potential” published on October 29, 2016, Fool.com published: “3 Things Kinder Morgan Inc.’s Founder Wants You to Know About the Future of …” on October 25, 2016. More interesting news about Kinder Morgan Inc (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan – Cash Flow Generation King” published on November 17, 2016 as well as Forbes.com‘s news article titled: “Ex-Dividend Reminder: Goodyear Tire & Rubber, TC PipeLines and Kinder Morgan” with publication date: October 26, 2016.

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By Ellis Scott


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