Disciplined Equity Management Inc. Has $1.20 Million Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Disciplined Equity Management Inc. reduced its stake in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 25.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 41,890 shares of the pipeline company's stock after selling 14,170 shares during the period. Kinder Morgan makes up approximately 0.8% of Disciplined Equity Management Inc.'s holdings, making the stock its 15th biggest holding. Disciplined Equity Management Inc.'s holdings in Kinder Morgan were worth $1,195,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of KMI. Vanguard Group Inc. lifted its position in Kinder Morgan by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 202,846,078 shares of the pipeline company's stock valued at $5,557,983,000 after acquiring an additional 1,469,759 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Kinder Morgan by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 51,759,844 shares of the pipeline company's stock valued at $1,414,813,000 after purchasing an additional 1,252,609 shares during the period. Norges Bank bought a new stake in shares of Kinder Morgan in the fourth quarter valued at about $917,523,000. Northern Trust Corp boosted its position in shares of Kinder Morgan by 8.3% during 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 during the period. Finally, Deutsche Bank AG grew its holdings in shares of 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. Institutional investors own 62.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on KMI shares. Royal Bank of Canada boosted their target price on Kinder Morgan from $27.00 to $28.00 and gave the company a "sector perform" rating in a research note on Tuesday, April 29th. Wells Fargo & Company reissued an "overweight" rating on shares of Kinder Morgan in a research report on Monday, May 5th. JPMorgan Chase & Co. raised their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Barclays upgraded shares of Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price target on the stock in a research note on Monday, March 3rd. Finally, Scotiabank increased their price objective on shares of Kinder Morgan from $26.00 to $27.00 and gave the stock a "sector perform" rating in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Kinder Morgan currently has an average rating of "Moderate Buy" and a consensus price target of $30.21.

Kinder Morgan Price Performance

NYSE:KMI opened at $28.15 on Friday. Kinder Morgan, Inc. has a 12-month low of $19.47 and a 12-month high of $31.48. The firm has a market capitalization of $62.55 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 3.08 and a beta of 0.74. The stock's 50 day moving average price is $27.17 and its two-hundred day moving average price is $27.46. 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 (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share for the quarter, meeting analysts' consensus estimates of $0.34. Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. The business had revenue of $4.24 billion for the quarter, compared to analysts' expectations of $4.02 billion. On average, analysts anticipate that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a dividend of $0.2925 per share. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $1.17 annualized dividend and a dividend yield of 4.16%. Kinder Morgan's payout ratio is presently 100.86%.

Insider Activity at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of the business's stock in a transaction that occurred 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 sale, the president now 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 at this hyperlink. In the last 90 days, insiders have sold 54,000 shares of company stock worth $1,522,440. Insiders own 12.73% of the company's stock.

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.

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