Vontobel Holding Ltd. Grows Position in Kinder Morgan, Inc. (NYSE:KMI)

Vontobel Holding Ltd. boosted its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 82.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,543 shares of the pipeline company's stock after buying an additional 30,037 shares during the quarter. Vontobel Holding Ltd.'s holdings in Kinder Morgan were worth $1,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of Kinder Morgan during the fourth quarter valued at approximately $308,000. Fisher Asset Management LLC boosted its stake in shares of Kinder Morgan by 74.5% during the fourth quarter. Fisher Asset Management LLC now owns 22,916 shares of the pipeline company's stock valued at $628,000 after purchasing an additional 9,780 shares during the period. SRS Capital Advisors Inc. boosted its stake in shares of Kinder Morgan by 178.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,098 shares of the pipeline company's stock valued at $30,000 after purchasing an additional 703 shares during the period. Schechter Investment Advisors LLC purchased a new stake in shares of Kinder Morgan during the fourth quarter valued at approximately $233,000. Finally, Assetmark Inc. boosted its stake in shares of Kinder Morgan by 70.4% during the fourth quarter. Assetmark Inc. now owns 7,351 shares of the pipeline company's stock valued at $201,000 after purchasing an additional 3,038 shares during the period. Hedge funds and other institutional investors own 62.52% of the company's stock.

Kinder Morgan Stock Down 0.2%

Shares of NYSE:KMI traded down $0.05 on Monday, hitting $28.36. 9,336,001 shares of the company traded hands, compared to its average volume of 13,955,976. Kinder Morgan, Inc. has a 52 week low of $19.68 and a 52 week 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 50 day simple moving average of $27.83 and a 200-day simple moving average of $27.57. The company has a market cap of $63.02 billion, a PE ratio of 24.45, a PEG ratio of 3.12 and a beta of 0.75.

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

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were issued a dividend of $0.2925 per share. The ex-dividend date was Wednesday, April 30th. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a dividend yield of 4.13%. Kinder Morgan's dividend payout ratio (DPR) is presently 100.86%.

Insider Buying and Selling at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction on 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 directly owned 771,652 shares in the company, valued at $21,806,885.52. This trade represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 12.73% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on KMI. Scotiabank upped their target price on Kinder Morgan from $26.00 to $27.00 and gave the company a "sector perform" rating in a report on Thursday, June 5th. JPMorgan Chase & Co. upped their target price on Kinder Morgan from $29.00 to $30.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Barclays restated an "overweight" rating and set a $32.00 target price (up previously from $31.00) on shares of Kinder Morgan in a report on Monday, June 23rd. Cowen began coverage on Kinder Morgan in a report on Monday. They set a "buy" rating for the company. Finally, Morgan Stanley set a $34.00 target price on Kinder Morgan in a report on Monday. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $30.40.

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.