Robeco Institutional Asset Management B.V. Boosts Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Robeco Institutional Asset Management B.V. increased its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 28.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 870,024 shares of the pipeline company's stock after acquiring an additional 193,537 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Kinder Morgan were worth $24,822,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of KMI. Hurley Capital LLC acquired a new position in Kinder Morgan in the fourth quarter valued at $25,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Kinder Morgan during the fourth quarter worth about $26,000. Morse Asset Management Inc purchased a new position in shares of Kinder Morgan during the fourth quarter worth about $27,000. Heck Capital Advisors LLC purchased a new stake in Kinder Morgan during the 4th quarter valued at approximately $29,000. Finally, SRS Capital Advisors Inc. raised its stake in Kinder Morgan by 178.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,098 shares of the pipeline company's stock valued at $30,000 after acquiring an additional 703 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company's stock.

Kinder Morgan Price Performance

KMI stock traded up $0.09 during trading on Friday, reaching $28.98. 17,105,604 shares of the company were exchanged, compared to its average volume of 13,945,152. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.35 and a current ratio of 0.45. The stock's 50 day moving average price is $27.60 and its 200 day moving average price is $27.48. Kinder Morgan, Inc. has a 52-week low of $19.47 and a 52-week high of $31.48. The company has a market cap of $64.38 billion, a P/E ratio of 24.98, a PEG ratio of 3.18 and a beta of 0.74.

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

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were paid a dividend of $0.2925 per share. This is a boost from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend was Wednesday, April 30th. Kinder Morgan's dividend payout ratio (DPR) is currently 100.86%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Kinder Morgan from $29.00 to $30.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Scotiabank increased their price target on Kinder Morgan from $26.00 to $27.00 and gave the stock a "sector perform" rating in a report on Thursday, June 5th. Stifel Nicolaus boosted their price objective on shares of Kinder Morgan from $27.00 to $28.00 and gave the company a "hold" rating in a research note on Tuesday, June 3rd. Wells Fargo & Company reiterated an "overweight" rating on shares of Kinder Morgan in a research note on Monday, May 5th. Finally, Royal Bank Of Canada increased their price target 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. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $30.29.

Insider Transactions at Kinder Morgan

In related news, President Thomas A. Martin sold 18,000 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $27.57, for a total transaction of $496,260.00. Following the transaction, the president now owns 789,652 shares of the company's stock, valued at approximately $21,770,705.64. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold a total of 54,000 shares of company stock worth $1,522,440 over the last ninety days. 12.73% of the stock is currently 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.