Kinder Morgan, Inc. (NYSE:KMI) Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd grew its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 6.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 616,682 shares of the pipeline company's stock after buying an additional 35,293 shares during the quarter. IFM Investors Pty Ltd's holdings in Kinder Morgan were worth $17,594,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new position in Kinder Morgan during the fourth quarter worth $308,000. Fisher Asset Management LLC raised its position in shares of Kinder Morgan by 74.5% during the 4th quarter. Fisher Asset Management LLC now owns 22,916 shares of the pipeline company's stock worth $628,000 after purchasing an additional 9,780 shares during the last quarter. SRS Capital Advisors Inc. lifted its stake in Kinder Morgan by 178.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,098 shares of the pipeline company's stock valued at $30,000 after buying an additional 703 shares in the last quarter. Schechter Investment Advisors LLC purchased a new position in Kinder Morgan in the 4th quarter valued at about $233,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Kinder Morgan by 3.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 203,113 shares of the pipeline company's stock worth $5,565,000 after buying an additional 7,432 shares during the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Trading Down 0.5%

NYSE:KMI traded down $0.14 on Friday, hitting $28.37. The stock had a trading volume of 5,100,555 shares, compared to its average volume of 13,966,297. The company has a fifty day moving average price of $27.77 and a two-hundred day moving average price of $27.52. Kinder Morgan, Inc. has a 1-year low of $19.68 and a 1-year high of $31.48. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.94. The stock has a market cap of $63.03 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 3.12 and a beta of 0.75.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 EPS for the quarter, meeting the consensus estimate of $0.34. The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.02 billion. Kinder Morgan had a net margin of 16.67% and a return on equity of 8.11%. Equities research analysts expect that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 4.12%. The ex-dividend date was Wednesday, April 30th. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's dividend payout ratio is 100.86%.

Analyst Ratings Changes

KMI has been the subject of a number of research analyst reports. Wells Fargo & Company reissued an "overweight" rating on shares of Kinder Morgan in a report on Monday, May 5th. Scotiabank increased their price objective on Kinder Morgan from $26.00 to $27.00 and gave the company a "sector perform" rating in a research note on Thursday, June 5th. JPMorgan Chase & Co. raised their price objective on Kinder Morgan from $29.00 to $30.00 and gave the company 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 report on Tuesday, April 29th. Finally, Barclays reissued an "overweight" rating and issued a $32.00 price target (up from $31.00) on shares of Kinder Morgan in a research note on Monday, June 23rd. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $30.29.

Insider Buying and Selling at Kinder Morgan

In related news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $28.26, for a total transaction of $508,680.00. Following the completion of the sale, the president directly owned 771,652 shares of the company's stock, valued at approximately $21,806,885.52. This trade represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 12.73% of the company's stock.

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.