1,041 Shares in Kinder Morgan, Inc. (NYSE:KMI) Acquired by Heck Capital Advisors LLC

Heck Capital Advisors LLC acquired a new position in shares of Kinder Morgan, Inc. (NYSE:KMI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,041 shares of the pipeline company’s stock, valued at approximately $29,000.

Other institutional investors also recently bought and sold shares of the company. Retirement Wealth Solutions LLC purchased a new position in Kinder Morgan during the 4th quarter worth $25,000. Modus Advisors LLC purchased a new position in shares of Kinder Morgan in the 4th quarter valued at $27,000. Northwest Investment Counselors LLC purchased a new position in shares of Kinder Morgan in the 3rd quarter valued at $28,000. Planning Capital Management Corp increased its holdings in shares of Kinder Morgan by 143.6% in the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 797 shares during the period. Finally, HM Payson & Co. increased its holdings in shares of Kinder Morgan by 401.8% in the 3rd quarter. HM Payson & Co. now owns 1,430 shares of the pipeline company’s stock valued at $32,000 after acquiring an additional 1,145 shares during the period. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $27.59 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. Kinder Morgan, Inc. has a twelve month low of $16.47 and a twelve month high of $31.48. The business has a 50-day moving average price of $27.97 and a 200 day moving average price of $24.76. The firm has a market cap of $61.29 billion, a PE ratio of 23.58, a P/E/G ratio of 3.12 and a beta of 0.94.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. Sell-side analysts predict that Kinder Morgan, Inc. will post 1.28 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a $0.2875 dividend. The ex-dividend date is Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.17%. Kinder Morgan’s dividend payout ratio (DPR) is presently 98.29%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KMI shares. Bank of America began coverage on Kinder Morgan in a report on Thursday, October 17th. They issued a “buy” rating and a $27.00 price target on the stock. UBS Group boosted their target price on Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. The Goldman Sachs Group lifted their price target on Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley lifted their price target on Kinder Morgan from $24.00 to $36.00 in a research report on Thursday, January 23rd. Finally, Barclays lifted their price target on Kinder Morgan from $27.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.14.

Insider Activity

In other news, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $27.34, for a total value of $492,120.00. Following the completion of the sale, the president now directly owns 879,652 shares in the company, valued at $24,049,685.68. This represents a 2.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 55,121 shares of company stock worth $1,497,000 over the last ninety days. Corporate insiders own 12.81% of the company’s stock.

Kinder Morgan Company 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.