Universal Beteiligungs und Servicegesellschaft mbH Acquires New Shares in Kinder Morgan, Inc. (NYSE:KMI)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 806,286 shares of the pipeline company's stock, valued at approximately $22,092,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Xponance Inc. raised its holdings in Kinder Morgan by 5.2% during the 4th quarter. Xponance Inc. now owns 303,044 shares of the pipeline company's stock worth $8,303,000 after buying an additional 15,114 shares during the period. Golden State Equity Partners raised its holdings in shares of Kinder Morgan by 2,507.9% in the fourth quarter. Golden State Equity Partners now owns 16,430 shares of the pipeline company's stock valued at $450,000 after purchasing an additional 15,800 shares during the last quarter. Royal London Asset Management Ltd. raised its holdings in shares of Kinder Morgan by 2.0% in the fourth quarter. Royal London Asset Management Ltd. now owns 2,265,044 shares of the pipeline company's stock valued at $62,062,000 after purchasing an additional 44,474 shares during the last quarter. Clear Creek Financial Management LLC raised its holdings in shares of Kinder Morgan by 86.3% in the fourth quarter. Clear Creek Financial Management LLC now owns 23,716 shares of the pipeline company's stock valued at $650,000 after purchasing an additional 10,987 shares during the last quarter. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of Kinder Morgan in the fourth quarter valued at approximately $385,000. Institutional investors own 62.52% of the company's stock.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $27.57, for a total value of $496,260.00. Following the completion of the sale, the president now directly owns 789,652 shares in the company, valued at approximately $21,770,705.64. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders sold 54,000 shares of company stock valued at $1,492,740. 12.73% of the stock is currently owned by company insiders.

Kinder Morgan Stock Performance

Shares of Kinder Morgan stock traded up $0.11 during trading on Friday, reaching $28.03. The company's stock had a trading volume of 15,718,257 shares, compared to its average volume of 14,021,334. The business's 50-day moving average price is $27.19 and its 200-day moving average price is $27.43. The firm has a market cap of $62.28 billion, a PE ratio of 23.96, a P/E/G ratio of 3.08 and a beta of 0.74. Kinder Morgan, Inc. has a 52 week low of $18.99 and a 52 week 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.

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

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were paid a $0.2925 dividend. This is a boost from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $1.17 annualized dividend and a dividend yield of 4.17%. Kinder Morgan's payout ratio is currently 100.86%.

Analyst Ratings Changes

A number of research firms have recently issued reports on KMI. Wells Fargo & Company reiterated an "overweight" rating on shares of Kinder Morgan in a report on Monday, May 5th. Barclays raised shares of Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 target price for the company in a research note on Monday, March 3rd. Scotiabank raised 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 note on Monday, April 21st. JPMorgan Chase & Co. raised their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Finally, Royal Bank of Canada raised their target price on shares of Kinder Morgan from $27.00 to $28.00 and gave the company a "sector perform" rating in a research note on Tuesday, April 29th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $29.79.

Kinder Morgan 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.