Kinder Morgan, Inc. (NYSE:KMI) Shares Sold by Lido Advisors LLC

Lido Advisors LLC lessened its stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 5.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,683 shares of the pipeline company's stock after selling 9,979 shares during the period. Lido Advisors LLC's holdings in Kinder Morgan were worth $4,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in KMI. Barclays PLC lifted its position in Kinder Morgan by 39.9% during the third quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company's stock valued at $180,833,000 after acquiring an additional 2,334,273 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Kinder Morgan in the 3rd quarter worth $826,000. Wilmington Savings Fund Society FSB purchased a new position in Kinder Morgan during the 3rd quarter worth $386,000. Blankinship & Foster LLC increased its position in Kinder Morgan by 128.4% during the 3rd quarter. Blankinship & Foster LLC now owns 46,900 shares of the pipeline company's stock valued at $1,036,000 after buying an additional 26,363 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in Kinder Morgan by 1.7% in the third quarter. Synovus Financial Corp now owns 103,618 shares of the pipeline company's stock valued at $2,289,000 after buying an additional 1,769 shares during the last quarter. 62.52% of the stock is currently owned by institutional investors.

Insider Activity

In other news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $27.70, for a total value of $498,600.00. Following the completion of the transaction, the president now owns 843,652 shares in the company, valued at approximately $23,369,160.40. This trade represents a 2.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the sale, the vice president now directly owns 220,681 shares in the company, valued at approximately $5,881,148.65. This trade represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 129,461 shares of company stock worth $3,506,116. Corporate insiders own 12.73% of the company's stock.

Kinder Morgan Trading Up 2.0 %

Shares of NYSE:KMI traded up $0.52 during midday trading on Friday, reaching $26.82. 10,495,678 shares of the company's stock were exchanged, compared to its average volume of 13,903,577. The firm's 50 day simple moving average is $26.97 and its two-hundred day simple moving average is $27.10. Kinder Morgan, Inc. has a fifty-two week low of $18.38 and a fifty-two week high of $31.48. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39. The stock has a market cap of $59.60 billion, a price-to-earnings ratio of 22.92, a P/E/G ratio of 3.08 and a beta of 0.72.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The pipeline company reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.02 billion. As a group, sell-side analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $0.2925 dividend. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.17 annualized dividend and a dividend yield of 4.36%. Kinder Morgan's payout ratio is 100.86%.

Analysts Set New Price Targets

KMI has been the topic of several research reports. 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 report on Monday, March 3rd. Mizuho lifted their price objective on shares of Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Royal Bank of Canada upped their price target on Kinder Morgan from $27.00 to $28.00 and gave the stock a "sector perform" rating in a report on Tuesday. UBS Group raised their price objective on Kinder Morgan from $34.00 to $38.00 and gave the company a "buy" rating in a report on Monday, January 27th. Finally, Scotiabank upped their target price on Kinder Morgan from $25.00 to $26.00 and gave the stock a "sector perform" rating in a research note 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Kinder Morgan presently has an average rating of "Moderate Buy" and an average target price of $29.71.

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.