17,625 Shares in Kinder Morgan, Inc. $KMI Purchased by Post Resch Tallon Group Inc.

Post Resch Tallon Group Inc. bought a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 17,625 shares of the pipeline company’s stock, valued at approximately $485,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of KMI. Board of the Pension Protection Fund purchased a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $27,000. Strategic Advocates LLC acquired a new position in shares of Kinder Morgan in the third quarter valued at approximately $32,000. CoreFirst Bank & Trust purchased a new stake in Kinder Morgan during the 2nd quarter worth approximately $35,000. Private Wealth Management Group LLC increased its stake in Kinder Morgan by 94.9% during the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock worth $35,000 after buying an additional 595 shares during the period. Finally, Westside Investment Management Inc. lifted its holdings in Kinder Morgan by 314.6% during the 3rd quarter. Westside Investment Management Inc. now owns 1,360 shares of the pipeline company’s stock worth $38,000 after buying an additional 1,032 shares in the last quarter. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total transaction of $207,609.22. Following the completion of the sale, the vice president owned 188,872 shares in the company, valued at $6,359,320.24. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William A. Smith purchased 3,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was acquired at an average cost of $29.75 per share, with a total value of $89,250.00. Following the completion of the acquisition, the director directly owned 31,087 shares of the company’s stock, valued at $924,838.25. This represents a 10.68% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 48,048 shares of company stock worth $1,469,863. Corporate insiders own 12.73% of the company’s stock.

Kinder Morgan Trading Down 1.7%

Shares of NYSE:KMI opened at $32.88 on Monday. Kinder Morgan, Inc. has a 52 week low of $23.94 and a 52 week high of $34.24. The company’s 50 day moving average is $31.31 and its two-hundred day moving average is $28.60. The company has a market cap of $73.15 billion, a PE ratio of 24.00, a P/E/G ratio of 3.03 and a beta of 0.68. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.02. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. Equities analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.2925 per share. This represents a $1.17 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s payout ratio is 85.40%.

Wall Street Analyst Weigh In

KMI has been the subject of several research reports. Royal Bank Of Canada boosted their price target on shares of Kinder Morgan from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Friday, February 27th. Mizuho increased their price objective on Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Wells Fargo & Company lifted their target price on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Freedom Capital upgraded Kinder Morgan from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, TD Cowen increased their price target on Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of “Moderate Buy” and an average price target of $33.46.

Kinder Morgan Profile

Kinder Morgan (NYSE: KMI) is a large energy infrastructure company that owns and operates an extensive network of pipelines and terminals across North America. Its core activities center on the transportation, storage and handling of energy products, including natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products and carbon dioxide. The company’s assets include long-haul and gathering pipelines, storage facilities, and multi-modal terminals that serve producers, refiners, utilities and industrial customers.

Kinder Morgan’s operations deliver midstream services such as pipeline transportation, terminaling, storage and related logistics and maintenance.