Duncker Streett & Co. Inc. trimmed its place in Kinder Morgan, Inc. (NYSE:KMI) by 7.1% within the third quarter, based on its most up-to-date submitting with the SEC. The institutional investor owned 88,189 shares of the pipeline firm’s inventory after promoting 6,706 shares in the course of the interval. Duncker Streett & Co. Inc.’s holdings in Kinder Morgan had been price $1,691,000 as of its most up-to-date SEC submitting.
A variety of different hedge funds have additionally not too long ago modified their holdings of KMI. Vanguard Group Inc. grew its place in shares of Kinder Morgan by four.7% in the course of the 1st quarter. Vanguard Group Inc. now owns 138,904,165 shares of the pipeline firm’s inventory valued at $three,zero19,777,000 after buying a further 6,222,962 shares in the course of the interval. Commonwealth Bank of Australia grew its place in shares of Kinder Morgan by 45.9% in the course of the 2nd quarter. Commonwealth Bank of Australia now owns 19,733,993 shares of the pipeline firm’s inventory valued at $378,101,000 after buying a further 6,205,165 shares in the course of the interval. Renaissance Technologies LLC grew its place in shares of Kinder Morgan by 133.5% in the course of the 2nd quarter. Renaissance Technologies LLC now owns eight,210,372 shares of the pipeline firm’s inventory valued at $157,311,000 after buying a further four,694,441 shares in the course of the interval. Dimensional Fund Advisors LP grew its place in shares of Kinder Morgan by 56.2% in the course of the 1st quarter. Dimensional Fund Advisors LP now owns 9,683,643 shares of the pipeline firm’s inventory valued at $210,507,000 after buying a further three,483,039 shares in the course of the interval. Finally, TIAA CREF Investment Management LLC grew its place in shares of Kinder Morgan by 49.5% in the course of the 1st quarter. TIAA CREF Investment Management LLC now owns 10,086,zero45 shares of the pipeline firm’s inventory valued at $219,271,000 after buying a further three,340,309 shares in the course of the interval. 59.09% of the inventory is owned by institutional traders and hedge funds.
Kinder Morgan, Inc. (NYSE:KMI) traded down $zero.06 throughout noon buying and selling on Friday, reaching $17.74. 13,034,135 shares of the corporate’s inventory traded arms, in comparison with its common quantity of 12,150,642. Kinder Morgan, Inc. has a fifty-two week low of $17.59 and a fifty-two week excessive of $23.01. The firm has a fast ratio of zero.35, a present ratio of zero.42 and a debt-to-equity ratio of zero.96. The inventory has a market cap of $39,617.68, a PE ratio of 27.29, a PEG ratio of 1.38 and a beta of zero.65.
Kinder Morgan (NYSE:KMI) final posted its earnings outcomes on Wednesday, October 18th. The pipeline firm reported $zero.15 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $zero.15. Kinder Morgan had a internet margin of 10.39% and a return on fairness of four.33%. The enterprise had income of $three.28 billion for the quarter, in comparison with badysts’ expectations of $three.21 billion. During the identical interval within the prior 12 months, the corporate posted ($zero.10) EPS. The enterprise’s income for the quarter was down 1.5% in comparison with the identical quarter final 12 months. badysts forecast that Kinder Morgan, Inc. will submit zero.64 EPS for the present fiscal 12 months.
The enterprise additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Wednesday, November 15th. Stockholders of document on Tuesday, October 31st will probably be given a dividend of $zero.125 per share. This represents a $zero.50 annualized dividend and a dividend yield of two.82%. The ex-dividend date of this dividend is Monday, October 30th. Kinder Morgan’s dividend payout ratio (DPR) is at the moment 89.29%.
Kinder Morgan introduced that its board has licensed a inventory buyback plan on Wednesday, July 19th that authorizes the corporate to buyback $2.00 billion in excellent shares. This buyback authorization authorizes the pipeline firm to purchase as much as four.6% of its inventory by way of open market purchases. Stock buyback plans are usually a sign that the corporate’s board believes its inventory is undervalued.
TRADEMARK VIOLATION WARNING: This story was initially printed by Week Herald and is the property of of Week Herald. If you might be viewing this story on one other area, it was illegally stolen and republished in violation of US and worldwide copyright and trademark laws. The unique model of this story might be learn at https://weekherald.com/2017/11/05/duncker-streett-co-inc-sells-6706-shares-of-kinder-morgan-inc-kmi.html.
A variety of badysis badysts have not too long ago weighed in on the inventory. Stifel Nicolaus decreased their goal worth on shares of Kinder Morgan from $25.00 to $22.00 and set a “buy” ranking for the corporate in a badysis report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Kinder Morgan from a “hold” ranking to a “sell” ranking in a badysis report on Tuesday, July 11th. Mizuho reissued a “hold” ranking and set a $22.00 goal worth on shares of Kinder Morgan in a badysis report on Friday, October 20th. SunTrust Banks, Inc. set a $23.00 goal worth on shares of Kinder Morgan and gave the corporate a “buy” ranking in a badysis report on Thursday, October 19th. Finally, Goldman Sachs Group, Inc. (The) downgraded shares of Kinder Morgan from a “buy” ranking to a “neutral” ranking and raised their worth goal for the inventory from $18.81 to $22.00 in a report on Tuesday, October 17th. Two equities badysis badysts have rated the inventory with a promote ranking, eight have given a maintain ranking and eleven have issued a purchase ranking to the corporate. Kinder Morgan presently has a median ranking of “Hold” and a median goal worth of $23.03.
Kinder Morgan Profile
Kinder Morgan, Inc is an power infrastructure firm. It operates by way of 5 segments. Its Natural Gas Pipelines section is engaged within the possession and operation of interstate and intrastate pure gasoline pipeline and storage methods, and liquefied pure gasoline services, amongst others. Its CO2 section is engaged within the manufacturing, transportation and advertising of carbon dioxide (CO2) to grease fields and the possession and operation of a crude oil pipeline system, amongst others.
Receive News & Ratings for Kinder Morgan Inc. Daily – Enter your e mail handle under to obtain a concise day by day abstract of the newest information and badysts’ scores for Kinder Morgan Inc. and badociated corporations with MarketBeat.com’s FREE day by day e mail e-newsletter.