Public Employees Retirement Association of Colorado decreased its position in Kinder Morgan Inc. (NYSE:KMI) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 723,289 shares of the company’s stock after selling 13,761 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Kinder Morgan were worth $13,540,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Geode Capital Management LLC raised its stake in shares of Kinder Morgan by 1.5% in the first quarter. Geode Capital Management LLC now owns 15,196,271 shares of the company’s stock worth $270,865,000 after buying an additional 225,302 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Kinder Morgan by 4.7% in the first quarter. Legal & General Group Plc now owns 8,766,673 shares of the company’s stock valued at $156,574,000 after buying an additional 392,821 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Kinder Morgan by 50.1% in the first quarter. Wellington Management Group LLP now owns 6,333,502 shares of the company’s stock valued at $113,117,000 after buying an additional 2,114,436 shares in the last quarter. AMP Capital Investors Ltd raised its stake in shares of Kinder Morgan by 74.7% in the first quarter. AMP Capital Investors Ltd now owns 5,198,277 shares of the company’s stock valued at $92,843,000 after buying an additional 2,223,328 shares in the last quarter. Finally, Harvest Fund Advisors LLC raised its stake in shares of Kinder Morgan by 30.6% in the first quarter. Harvest Fund Advisors LLC now owns 5,144,965 shares of the company’s stock valued at $91,889,000 after buying an additional 1,204,201 shares in the last quarter. Hedge funds and other institutional investors own 54.61% of the company’s stock.

Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

Shares of Kinder Morgan Inc. (NYSE:KMI) traded down 0.10% on Thursday, reaching $20.73. The company’s stock had a trading volume of 13,194,249 shares. The company’s 50 day moving average is $21.98 and its 200-day moving average is $19.59. Kinder Morgan Inc. has a 1-year low of $11.20 and a 1-year high of $32.79. The firm has a market cap of $46.28 billion, a price-to-earnings ratio of 740.36 and a beta of 0.69.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.15. The business earned $3.14 billion during the quarter, compared to the consensus estimate of $3.45 billion. Kinder Morgan had a return on equity of 4.82% and a net margin of 1.63%. Kinder Morgan’s quarterly revenue was down 9.2% on a year-over-year basis. During the same period last year, the company earned $0.16 earnings per share. Equities research analysts expect that Kinder Morgan Inc. will post $0.67 EPS for the current year.

Several equities research analysts have recently issued reports on the company. Vetr lowered Kinder Morgan from a “buy” rating to a “hold” rating and set a $19.13 price target for the company. in a report on Wednesday, June 29th. Credit Suisse Group AG reiterated a “hold” rating on shares of Kinder Morgan in a report on Tuesday, July 12th. Stifel Nicolaus lowered Kinder Morgan from a “buy” rating to a “hold” rating and set a $24.00 price target for the company. in a report on Tuesday, October 4th. Finally, Zacks Investment Research upgraded Kinder Morgan from a “strong sell” rating to a “hold” rating in a report on Monday, June 20th. Thirteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Kinder Morgan currently has an average rating of “Hold” and a consensus target price of $21.35.

About Kinder Morgan

Kinder Morgan, Inc (KMI) is an energy infrastructure company in North America. The Company segments include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Company’s Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals.

5 Day Chart for NYSE:KMI

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