Vectors Research Management LLC Has $3.66 Million Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Vectors Research Management LLC grew its stake in Kinder Morgan, Inc. (NYSE:KMI) by 2.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,364 shares of the pipeline company’s stock after purchasing an additional 2,592 shares during the quarter. Kinder Morgan makes up approximately 1.3% of Vectors Research Management LLC’s investment portfolio, making the stock its 19th largest holding. Vectors Research Management LLC’s holdings in Kinder Morgan were worth $3,662,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of KMI. Hurley Capital LLC acquired a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $25,000. Fourth Dimension Wealth LLC bought a new position in Kinder Morgan during the 4th quarter worth $26,000. Morse Asset Management Inc bought a new stake in shares of Kinder Morgan in the fourth quarter valued at about $27,000. Heck Capital Advisors LLC acquired a new position in shares of Kinder Morgan during the 4th quarter worth approximately $29,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of Kinder Morgan by 178.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,098 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 703 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

Insider Activity

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $28.75, for a total value of $517,500.00. Following the completion of the sale, the president now owns 807,652 shares of the company’s stock, valued at approximately $23,219,995. The trade was a 2.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 54,000 shares of company stock worth $1,522,440 in the last quarter. 12.73% of the stock is owned by company insiders.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $28.09 on Tuesday. Kinder Morgan, Inc. has a twelve month low of $19.47 and a twelve month high of $31.48. The company has a market capitalization of $62.42 billion, a PE ratio of 24.22, a PEG ratio of 3.08 and a beta of 0.74. The stock’s 50 day moving average price is $27.47 and its 200-day moving average price is $27.43. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.94.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. Kinder Morgan had a return on equity of 8.11% and a net margin of 16.67%. The business had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.02 billion. On average, equities analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a $0.2925 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $1.17 annualized dividend and a yield of 4.17%. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s payout ratio is 100.86%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KMI. Barclays lifted their price objective on shares of Kinder Morgan from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday. Stifel Nicolaus raised their price objective on Kinder Morgan from $27.00 to $28.00 and gave the company a “hold” rating in a research note on Tuesday, June 3rd. Scotiabank boosted their target price on Kinder Morgan from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 5th. JPMorgan Chase & Co. increased their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday, May 6th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of Kinder Morgan in a research note on Monday, May 5th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.29.

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.