Capital Investment Advisors LLC Boosts Position in Kinder Morgan, Inc. (NYSE:KMI)

Capital Investment Advisors LLC increased its stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 9.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 528,487 shares of the pipeline company's stock after purchasing an additional 44,574 shares during the period. Capital Investment Advisors LLC's holdings in Kinder Morgan were worth $15,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Kinder Morgan during the 4th quarter valued at $308,000. Stratos Wealth Partners LTD. grew its stake in shares of Kinder Morgan by 0.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 72,808 shares of the pipeline company's stock valued at $1,995,000 after buying an additional 614 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Kinder Morgan by 36.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,732 shares of the pipeline company's stock worth $4,479,000 after buying an additional 43,626 shares during the period. Bleakley Financial Group LLC lifted its stake in shares of Kinder Morgan by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 28,470 shares of the pipeline company's stock valued at $780,000 after acquiring an additional 633 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its holdings in Kinder Morgan by 90.5% during the 4th quarter. Silver Oak Securities Incorporated now owns 16,853 shares of the pipeline company's stock valued at $461,000 after acquiring an additional 8,008 shares during the period. 62.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

KMI has been the topic of a number of recent analyst reports. Barclays raised 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 report on Monday, March 3rd. Wells Fargo & Company restated 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 stock a "sector perform" rating in a report on Thursday. 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Kinder Morgan presently has an average rating of "Moderate Buy" and a consensus price target of $30.21.

Insiders Place Their Bets

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan 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 transaction, the president now owns 771,652 shares in the company, valued at approximately $21,806,885.52. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 54,000 shares of company stock valued at $1,522,440. 12.73% of the stock is owned by insiders.

Kinder Morgan Stock Down 2.1%

Shares of NYSE:KMI traded down $0.60 during trading hours on Monday, hitting $27.54. The company's stock had a trading volume of 12,884,267 shares, compared to its average volume of 13,990,491. The firm's fifty day moving average price is $27.17 and its 200 day moving average price is $27.45. Kinder Morgan, Inc. has a 52 week low of $19.47 and a 52 week high of $31.48. The company has a market capitalization of $61.20 billion, a price-to-earnings ratio of 23.54, a P/E/G ratio of 3.08 and a beta of 0.74. 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 (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share for the quarter, meeting analysts' consensus estimates of $0.34. The company had revenue of $4.24 billion for 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, research analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were given a $0.2925 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $1.17 dividend on an annualized basis and a yield of 4.25%. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's dividend payout ratio is currently 100.86%.

About Kinder Morgan

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.