Deutsche Bank AG Boosts Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Deutsche Bank AG lifted its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,711,722 shares of the pipeline company's stock after purchasing an additional 2,116,576 shares during the period. Deutsche Bank AG owned about 0.66% of Kinder Morgan worth $403,101,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in KMI. Norges Bank bought a new position in shares of Kinder Morgan during the 4th quarter valued at $917,523,000. Raymond James Financial Inc. bought a new position in shares of Kinder Morgan during the 4th quarter valued at $157,804,000. Blackstone Inc. grew its holdings in shares of Kinder Morgan by 435.0% in the fourth quarter. Blackstone Inc. now owns 4,358,263 shares of the pipeline company's stock worth $119,416,000 after purchasing an additional 3,543,670 shares during the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Kinder Morgan in the fourth quarter worth $87,729,000. Finally, Amundi raised its holdings in Kinder Morgan by 28.9% during 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. Institutional investors own 62.52% of the company's stock.

Kinder Morgan Stock Performance

NYSE:KMI remained flat at $27.31 on Monday. 13,045,570 shares of the company's stock were exchanged, compared to its average volume of 13,996,230. The firm has a market capitalization of $60.68 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 3.08 and a beta of 0.74. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. Kinder Morgan, Inc. has a 1-year low of $18.83 and a 1-year high of $31.48. The stock's 50 day moving average is $27.02 and its two-hundred day moving average is $27.21.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share for the quarter, meeting analysts' consensus estimates of $0.34. The business had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.02 billion. Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. Equities analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.2925 per share. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Wednesday, April 30th. Kinder Morgan's dividend payout ratio (DPR) is currently 100.86%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on KMI shares. Wells Fargo & Company restated an "overweight" rating on shares of Kinder Morgan in a research report on Monday, May 5th. Morgan Stanley boosted their price target on Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. Royal Bank of Canada raised their price target on Kinder Morgan from $27.00 to $28.00 and gave the stock a "sector perform" rating in a research note on Tuesday, April 29th. UBS Group raised their target price on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Finally, Citigroup raised their target price on shares of Kinder Morgan from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Kinder Morgan presently has an average rating of "Moderate Buy" and an average price target of $29.79.

Insider Buying and Selling at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $28.75, for a total value of $517,500.00. Following the completion of the sale, the president now directly owns 807,652 shares in the company, valued at $23,219,995. The trade was a 2.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP John W. Schlosser sold 75,461 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the transaction, the vice president now directly owns 220,681 shares in the company, valued at approximately $5,881,148.65. The trade was a 25.48% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 129,461 shares of company stock worth $3,503,776. 12.73% of the stock is owned by corporate insiders.

Kinder Morgan 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.