United Advisor Group LLC Acquires 11,618 Shares of Kinder Morgan, Inc. (NYSE:KMI)

United Advisor Group LLC increased its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 53.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,242 shares of the pipeline company's stock after acquiring an additional 11,618 shares during the quarter. United Advisor Group LLC's holdings in Kinder Morgan were worth $911,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Hurley Capital LLC bought a new position in Kinder Morgan in the 4th quarter worth $25,000. Centricity Wealth Management LLC bought a new position in Kinder Morgan in the 4th quarter worth $25,000. Fourth Dimension Wealth LLC bought a new position in Kinder Morgan in the 4th quarter worth $26,000. Morse Asset Management Inc acquired a new stake in Kinder Morgan in the 4th quarter worth $27,000. Finally, Heck Capital Advisors LLC acquired a new stake in Kinder Morgan in the 4th quarter worth $29,000. Institutional investors own 62.52% of the company's stock.

Insiders Place Their Bets

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $26.61, for a total value of $478,980.00. Following the completion of the transaction, the president now directly owns 825,652 shares of the company's stock, valued at approximately $21,970,599.72. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 54,000 shares of company stock valued at $1,492,740. Insiders own 12.73% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KMI. JPMorgan Chase & Co. raised their price target on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock 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 report on Monday, March 3rd. Royal Bank of Canada raised their price target 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. Wells Fargo & Company restated an "overweight" rating on shares of Kinder Morgan in a research report on Monday, May 5th. Finally, Scotiabank lifted their target price on shares of Kinder Morgan from $25.00 to $26.00 and gave the company a "sector perform" rating in a research report on Monday, April 21st. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $29.79.

Kinder Morgan Price Performance

NYSE:KMI traded up $0.10 on Friday, reaching $28.02. The stock had a trading volume of 5,262,674 shares, compared to its average volume of 13,962,862. The company has a market capitalization of $62.25 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 3.08 and a beta of 0.74. Kinder Morgan, Inc. has a 1-year low of $18.88 and a 1-year high of $31.48. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The stock has a fifty day moving average price of $27.20 and a 200-day moving average price of $27.42.

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

Kinder Morgan Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were paid a $0.2925 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. 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 dividend yield of 4.18%. Kinder Morgan's payout ratio is currently 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.