Measured Risk Portfolios Inc. Buys Shares of 99,841 Kinder Morgan, Inc. (NYSE:KMI)

Measured Risk Portfolios Inc. bought a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 99,841 shares of the pipeline company's stock, valued at approximately $2,736,000. Kinder Morgan comprises 2.9% of Measured Risk Portfolios Inc.'s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of KMI. Hurley Capital LLC bought a new position in Kinder Morgan in the 4th quarter worth $25,000. Retirement Wealth Solutions LLC bought a new stake in Kinder Morgan during the fourth quarter valued at about $25,000. Centricity Wealth Management LLC bought a new stake in Kinder Morgan during the fourth quarter valued at about $25,000. Morse Asset Management Inc bought a new stake in Kinder Morgan during the fourth quarter valued at about $27,000. Finally, Heck Capital Advisors LLC bought a new stake in Kinder Morgan during the fourth quarter valued at about $29,000. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Kinder Morgan

In other news, VP John W. Schlosser sold 75,461 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total transaction of $478,980.00. Following the completion of the transaction, the president now owns 825,652 shares in the company, valued at approximately $21,970,599.72. The trade was a 2.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 129,461 shares of company stock valued at $3,503,776. Corporate insiders own 12.73% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KMI. Mizuho lifted their target price on Kinder Morgan from $31.00 to $33.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Citigroup boosted their target price on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. Wells Fargo & Company reissued an "overweight" rating on shares of Kinder Morgan in a research note on Monday, May 5th. Morgan Stanley upped their target price on Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped 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 research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $29.79.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $27.31 on Tuesday. Kinder Morgan, Inc. has a 12-month low of $18.83 and a 12-month high of $31.48. The company has a market capitalization of $60.68 billion, a PE ratio of 23.34, a price-to-earnings-growth 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. The firm's 50-day moving average is $27.03 and its two-hundred day moving average is $27.23.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share for the quarter, hitting 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 net margin of 17.31% and a return on equity of 8.09%. Equities analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be issued a dividend of $0.2925 per share. This represents a $1.17 dividend on an annualized basis and a yield of 4.28%. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 30th. Kinder Morgan's dividend payout ratio (DPR) is presently 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.

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