Kinder Morgan, Inc. (NYSE:KMI) Shares Bought by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC raised its stake in Kinder Morgan, Inc. (NYSE:KMI) by 13.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,432 shares of the pipeline company’s stock after purchasing an additional 1,324 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in Kinder Morgan were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of KMI. Retirement Wealth Solutions LLC acquired a new position in Kinder Morgan in the fourth quarter valued at $25,000. Centricity Wealth Management LLC acquired a new position in Kinder Morgan in the fourth quarter valued at $25,000. Modus Advisors LLC acquired a new position in Kinder Morgan in the fourth quarter valued at $27,000. Heck Capital Advisors LLC acquired a new position in Kinder Morgan in the fourth quarter valued at $29,000. Finally, Planning Capital Management Corp boosted its stake 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 worth $30,000 after buying an additional 797 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Stock Up 3.4 %

Shares of NYSE KMI opened at $27.09 on Friday. Kinder Morgan, Inc. has a 52-week low of $17.18 and a 52-week high of $31.48. The firm has a fifty day moving average of $27.77 and a 200-day moving average of $25.52. The stock has a market capitalization of $60.19 billion, a PE ratio of 23.15, a P/E/G ratio of 3.08 and a beta of 0.94. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share (EPS) 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%. On average, analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2875 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.15 annualized dividend and a dividend yield of 4.25%. Kinder Morgan’s dividend payout ratio is presently 98.29%.

Analyst Upgrades and Downgrades

KMI has been the subject of several recent research reports. Scotiabank initiated coverage on shares of Kinder Morgan in a research note on Friday, January 10th. They set a “sector perform” rating and a $26.00 target price for the company. The Goldman Sachs Group increased their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays increased their target price on shares of Kinder Morgan from $27.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 16th. Truist Financial increased their target price on shares of Kinder Morgan from $25.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Finally, UBS Group increased their target price on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Eight analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.14.

Insider Activity

In related news, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the transaction, the vice president now owns 220,681 shares in the company, valued at approximately $5,881,148.65. The trade was a 25.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $27.91, for a total transaction of $502,380.00. Following the transaction, the president now owns 861,652 shares in the company, valued at $24,048,707.32. The trade was a 2.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock valued at $3,504,136 in the last ninety days. Company insiders own 12.64% 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.