67,868 Shares in Kinder Morgan, Inc. (NYSE:KMI) Purchased by Comprehensive Money Management Services LLC

Comprehensive Money Management Services LLC acquired a new stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 67,868 shares of the pipeline company's stock, valued at approximately $1,860,000. Kinder Morgan accounts for 1.5% of Comprehensive Money Management Services LLC's portfolio, making the stock its 10th largest holding.

Several other institutional investors have also added to or reduced their stakes in KMI. Vanguard Group Inc. increased its position in shares of Kinder Morgan by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 202,846,078 shares of the pipeline company's stock valued at $5,557,983,000 after buying an additional 1,469,759 shares during the period. Geode Capital Management LLC increased its holdings in Kinder Morgan by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 51,759,844 shares of the pipeline company's stock worth $1,414,813,000 after acquiring an additional 1,252,609 shares during the period. Norges Bank bought a new position in Kinder Morgan in the 4th quarter valued at $917,523,000. Northern Trust Corp raised its position in shares of Kinder Morgan by 8.3% in the fourth quarter. Northern Trust Corp now owns 20,942,841 shares of the pipeline company's stock worth $573,834,000 after buying an additional 1,608,499 shares in the last quarter. Finally, Deutsche Bank AG grew its position in Kinder Morgan by 16.8% during the fourth quarter. Deutsche Bank AG now owns 14,711,722 shares of the pipeline company's stock worth $403,101,000 after buying an additional 2,116,576 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan Trading Up 0.4%

Kinder Morgan stock traded up $0.11 during trading hours on Friday, reaching $28.03. The company had a trading volume of 15,718,257 shares, compared to its average volume of 14,377,290. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39. Kinder Morgan, Inc. has a 12-month low of $18.83 and a 12-month high of $31.48. The company has a 50-day moving average price of $27.20 and a 200 day moving average price of $27.42. The firm has a market cap of $62.28 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 3.08 and a beta of 0.74.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly 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 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 forecast that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were paid a $0.2925 dividend. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date was Wednesday, April 30th. Kinder Morgan's dividend payout ratio is presently 100.86%.

Analyst Upgrades and Downgrades

KMI has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an "overweight" rating on shares of Kinder Morgan in a research report on Monday, May 5th. Scotiabank increased their price target on shares of Kinder Morgan from $25.00 to $26.00 and gave the stock a "sector perform" rating in a report on Monday, April 21st. JPMorgan Chase & Co. lifted their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Royal Bank of Canada upped their target price on shares of Kinder Morgan from $27.00 to $28.00 and gave the stock a "sector perform" rating in a research report on Tuesday, April 29th. Finally, Barclays upgraded Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price target on the stock in a research report on Monday, March 3rd. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Kinder Morgan has an average rating of "Moderate Buy" and an average price target of $29.79.

Insiders Place Their Bets

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $28.75, for a total transaction of $517,500.00. Following the completion of the transaction, the president now owns 807,652 shares in the company, valued at approximately $23,219,995. The trade was a 2.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 54,000 shares of company stock worth $1,492,740. 12.73% of the stock is owned by corporate 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.