Tsfg LLC Has $54,000 Stock Holdings in Kinder Morgan, Inc. (NYSE:KMI)

Tsfg LLC lifted its stake in Kinder Morgan, Inc. (NYSE:KMI) by 72.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,430 shares of the pipeline company’s stock after purchasing an additional 1,018 shares during the quarter. Tsfg LLC’s holdings in Kinder Morgan were worth $54,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of KMI. Czech National Bank raised its stake in Kinder Morgan by 6.9% during the 3rd quarter. Czech National Bank now owns 393,351 shares of the pipeline company’s stock valued at $8,689,000 after purchasing an additional 25,406 shares during the period. LSV Asset Management purchased a new stake in Kinder Morgan in the 1st quarter worth about $8,818,000. Duality Advisers LP boosted its position in Kinder Morgan by 42.7% during the 1st quarter. Duality Advisers LP now owns 317,425 shares of the pipeline company’s stock worth $5,822,000 after acquiring an additional 94,984 shares during the period. BI Asset Management Fondsmaeglerselskab A S grew its stake in Kinder Morgan by 221.3% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 251,635 shares of the pipeline company’s stock valued at $4,615,000 after acquiring an additional 173,313 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its holdings in shares of Kinder Morgan by 6.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 2,545,943 shares of the pipeline company’s stock valued at $46,726,000 after purchasing an additional 144,687 shares during the period. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Kinder Morgan Stock Up 0.7 %

Shares of Kinder Morgan stock opened at $24.93 on Thursday. Kinder Morgan, Inc. has a 12-month low of $15.91 and a 12-month high of $25.06. The company has a quick ratio of 0.28, a current ratio of 0.37 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $20.39. The stock has a market capitalization of $55.33 billion, a P/E ratio of 22.66, a PEG ratio of 3.27 and a beta of 0.93.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Kinder Morgan had a return on equity of 7.89% and a net margin of 15.93%. The firm had revenue of $3.70 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the previous year, the firm posted $0.25 earnings per share. Kinder Morgan’s quarterly revenue was down 5.3% compared to the same quarter last year. Equities analysts expect that Kinder Morgan, Inc. will post 1.19 earnings per share for the current year.

Insider Transactions at Kinder Morgan

In related news, VP Sital K. Mody sold 25,169 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $21.04, for a total transaction of $529,555.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, VP Sital K. Mody sold 25,169 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $21.04, for a total transaction of $529,555.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Dax Sanders sold 1,729 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $21.00, for a total transaction of $36,309.00. Following the transaction, the vice president now directly owns 307,409 shares in the company, valued at $6,455,589. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 148,311 shares of company stock worth $3,121,891. Company insiders own 12.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KMI. Truist Financial raised their price target on shares of Kinder Morgan from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Friday, July 26th. Morgan Stanley upgraded shares of Kinder Morgan from an “underweight” rating to an “equal weight” rating and set a $24.00 price target on the stock in a report on Monday, September 16th. Royal Bank of Canada increased their price objective on Kinder Morgan from $22.00 to $24.00 and gave the stock a “sector perform” rating in a report on Wednesday. Argus upgraded Kinder Morgan from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Friday, July 19th. Finally, Barclays raised their price target on Kinder Morgan from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Kinder Morgan currently has an average rating of “Moderate Buy” and a consensus price target of $23.36.

Kinder Morgan 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.