Here's Why Kinder Morgan, Inc. (KMI) Trending These Days
- Author: Zachary Reyes Jun 04, 2017,
Jun 04, 2017, 3:46
Trust's holdings in Kinder Morgan were worth $11,762,000 as of its most recent filing with the SEC.
The share price of Kinder Morgan, Inc.
WARNING: "Somewhat Negative Media Coverage Likely to Affect Kinder Morgan (KMI) Share Price" was first posted by Transcript Daily and is owned by of Transcript Daily. Equity research analysts have given opinions on where they foresees the stock level. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will earn $0.15 per share for the quarter, down from their previous forecast of $0.16. Blenheim Capital Management BV acquired a new stake in shares of Kinder Morgan during the fourth quarter worth about $102,000. The stock has "Buy" rating by Sidoti on Tuesday, February 7. FBR Capital maintained Hanesbrands Inc. It also increased its holding in Colgate Palmolive Co Com (NYSE:CL) by 452,159 shares in the quarter, for a total of 1.63M shares, and has risen its stake in Vtti Energy Partners Lp Com Unit Rp (NYSE:VTTI). Birmingham Capital Management Co. Inc. TPH Asset Management LLC now owns 1,641,910 shares of the pipeline company's stock worth $37,977,000 after buying an additional 101,508 shares during the period. It dived, as 86 investors sold KMI shares while 357 reduced holdings.
Kinder Morgan Inc (NYSE:KMI) opened at 18.99 on Friday. Company's distance from 20 day simple moving average is -7.14% and distance from 50-Day simple moving average is -10.85%. The analysts estimated EPS for the higher end at 0.19 and lower end at 0.13 while the year ago reported earnings per share was 0.18. Atlantic Trust Group Llc who had been investing in Kinder Morgan Inc Del Com for a number of months, seems to be less bullish one the $42.90B market cap company. Kinder Morgan also saw some unusual options trading activity on Tuesday. It looks like traders are not happy with the stock. This is an increase of approximately 202% compared to the typical daily volume of 3,252 put options. Bank of America maintained Kinder Morgan Inc (NYSE:KMI) rating on Monday, September 28. The pipeline company reported $0.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.01. If the Trans Mountain pipeline expansion does indeed get blocked (I believe that is rather unlikely due to the federal government supporting the expansion), Kinder Morgan would lose out on roughly $400 million in annual cash flow: $5.4 billion for the project Kinder Morgan's 75% ownership stake in Kinder Morgan Canada gets us to $405 million in potentially lost returns. The firm had revenue of $3.42 billion during the quarter, compared to analysts' expectations of $3.36 billion. On average, equities analysts expect that Kinder Morgan Inc will post $0.67 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 1st were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date was set for Thursday the 27th of April 2017. Kinder Morgan's payout ratio is 200.00%. The original version of this news story can be read at https://www.chaffeybreeze.com/2017/06/01/kinder-morgan-inc-kmi-is-c-v-starr-co-inc-trusts-7th-largest-position.html. (NYSE:KMI) stock have an ABR of 1.68. Raymond James raised its rating on Kinder Morgan, Inc.to Strong Buy on 24/10/2016 in a reversal from its prior Outperform rating. Calamos Lc reported 0.06% of its portfolio in Kinder Morgan Inc (NYSE:KMI). The stock touched 52-week High of $23.36 on 10/03/16 and 52-week Low of $17.07 on 06/14/16.
In other Kinder Morgan news, VP Dax Sanders acquired 2,600 shares of the stock in a transaction dated Tuesday, May 30th. The firm owned 805,460 shares of the pipeline company's stock after buying an additional 24,745 shares during the period.
When it comes to the Analysis of a Stock, Price Target plays a vital role. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company's stock. They use historic price data to observe stock price patterns to predict the direction of that price going forward. They now have a Dollars 27 price target on the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The affiliates of Vista will acquire all outstanding shares of Xactly common stock for a total value of approximately $564 million. Winfield Associate Inc reported 792 shares. The disclosure for this purchase can be found here. Gradient Investments Limited Com has 0.01% invested in Kinder Morgan Inc (NYSE:KMI). It operates through five divisions. Hedge funds and other institutional investors own 55.78% of the company's stock. The Business's pipelines transport natural gas, refined petroleum products, crude oil, condensate, carbon dioxide (CO2) and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as steel, coal and petroleum coke.