Kinder Morgan, Inc. (NYSE:KMI) Holdings Lifted by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. increased its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,673 shares of the pipeline company’s stock after purchasing an additional 972 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Kinder Morgan were worth $925,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of KMI. Retirement Wealth Solutions LLC purchased a new position in shares of Kinder Morgan during the fourth quarter valued at $25,000. Modus Advisors LLC purchased a new position in shares of Kinder Morgan during the fourth quarter valued at $27,000. Northwest Investment Counselors LLC purchased a new position in shares of Kinder Morgan during the third quarter valued at $28,000. Heck Capital Advisors LLC purchased a new position in shares of Kinder Morgan during the fourth quarter valued at $29,000. Finally, Planning Capital Management Corp grew its holdings in shares of Kinder Morgan by 143.6% during the third quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company’s stock valued at $30,000 after buying an additional 797 shares in the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Insider Buying and Selling

In related news, President Thomas A. Martin sold 18,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total transaction of $502,380.00. Following the completion of the transaction, the president now owns 861,652 shares of the company’s stock, valued at approximately $24,048,707.32. The trade was a 2.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders sold 54,000 shares of company stock valued at $1,493,100. Insiders own 12.64% of the company’s stock.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $26.61 on Friday. Kinder Morgan, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $31.48. The business has a 50-day moving average of $27.82 and a two-hundred day moving average of $25.06. The stock has a market capitalization of $59.11 billion, a P/E ratio of 22.74, a P/E/G ratio of 3.16 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.35.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data 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 return on equity of 8.09% and a net margin of 17.31%. On average, equities research analysts predict that Kinder Morgan, Inc. will post 1.23 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.15 annualized dividend and a dividend yield of 4.32%. Kinder Morgan’s dividend payout ratio is presently 98.29%.

Wall Street Analyst Weigh In

KMI has been the subject of a number of research reports. The Goldman Sachs Group lifted their price objective on Kinder Morgan from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. UBS Group lifted their price objective on Kinder Morgan from $34.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Truist Financial lifted their price objective on Kinder Morgan from $25.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Wells Fargo & Company lifted their price objective on Kinder Morgan from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, Citigroup lifted their price objective on Kinder Morgan from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.14.

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.