Kinder Morgan, Inc. (NYSE:KMI) Holdings Lifted by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 16.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,711,722 shares of the pipeline company's stock after buying an additional 2,116,576 shares during the quarter. Deutsche Bank AG owned approximately 0.66% of Kinder Morgan worth $403,101,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in KMI. CX Institutional boosted its stake in shares of Kinder Morgan by 2.3% during the fourth quarter. CX Institutional now owns 15,661 shares of the pipeline company's stock valued at $429,000 after purchasing an additional 354 shares in the last quarter. Sunflower Bank N.A. boosted its stake in Kinder Morgan by 3.6% in the fourth quarter. Sunflower Bank N.A. now owns 10,503 shares of the pipeline company's stock valued at $288,000 after acquiring an additional 367 shares in the last quarter. Ignite Planners LLC increased its position in shares of Kinder Morgan by 3.9% during the fourth quarter. Ignite Planners LLC now owns 9,992 shares of the pipeline company's stock worth $282,000 after purchasing an additional 372 shares in the last quarter. Diligent Investors LLC lifted its holdings in shares of Kinder Morgan by 1.5% during the 4th quarter. Diligent Investors LLC now owns 26,083 shares of the pipeline company's stock valued at $715,000 after purchasing an additional 381 shares during the last quarter. Finally, Eagle Bay Advisors LLC boosted its position in shares of Kinder Morgan by 8.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 5,182 shares of the pipeline company's stock worth $142,000 after purchasing an additional 385 shares in the last quarter. Institutional investors own 62.52% of the company's stock.

Insider Buying and Selling at Kinder Morgan

In related news, President Thomas A. Martin sold 18,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total value of $478,980.00. Following the completion of the sale, the president now directly owns 825,652 shares of the company's stock, valued at $21,970,599.72. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the transaction, the vice president now owns 220,681 shares of the company's stock, 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. Insiders sold 129,461 shares of company stock worth $3,503,776 in the last 90 days. 12.73% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

KMI has been the subject of a number of research analyst reports. Truist Financial increased their price target on Kinder Morgan from $25.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. UBS Group upped their price target on shares of Kinder Morgan from $34.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Barclays raised shares of Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price objective on the stock in a report on Monday, March 3rd. Mizuho increased their price objective on Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, Morgan Stanley lifted their target price on Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Kinder Morgan has an average rating of "Moderate Buy" and a consensus target price of $29.79.

Kinder Morgan Stock Performance

NYSE KMI traded down $0.09 on Wednesday, reaching $27.41. The stock had a trading volume of 4,743,635 shares, compared to its average volume of 14,723,276. 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 business's 50-day moving average price is $27.05 and its 200 day moving average price is $27.23. Kinder Morgan, Inc. has a 12-month low of $18.83 and a 12-month high of $31.48. The stock has a market cap of $60.91 billion, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 3.08 and a beta of 0.74.

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

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a dividend of $0.2925 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a yield of 4.27%. Kinder Morgan's dividend payout ratio is 100.86%.

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.