Selz Capital LLC maintained its stake in shares of Kinder Morgan Inc. (NYSE:KMI) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 958,211 shares of the company’s stock at the end of the third quarter. Kinder Morgan comprises about 5.2% of Selz Capital LLC’s holdings, making the stock its 4th largest position. Selz Capital LLC’s holdings in Kinder Morgan were worth $22,163,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of KMI. Vanguard Group Inc. increased its stake in shares of Kinder Morgan by 2.2% in the second quarter. Vanguard Group Inc. now owns 123,812,360 shares of the company’s stock worth $2,317,767,000 after buying an additional 2,665,546 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Kinder Morgan by 1.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 48,293,177 shares of the company’s stock worth $904,048,000 after buying an additional 725,863 shares during the last quarter. Geode Capital Management LLC increased 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. Cohen & Steers Inc. increased its stake in shares of Kinder Morgan by 247.5% in the second quarter. Cohen & Steers Inc. now owns 14,915,734 shares of the company’s stock worth $336,051,000 after buying an additional 10,623,045 shares during the last quarter. Finally, Brookfield Asset Management Inc. increased its stake in shares of Kinder Morgan by 164.4% in the second quarter. Brookfield Asset Management Inc. now owns 12,280,750 shares of the company’s stock worth $229,896,000 after buying an additional 7,635,500 shares during the last quarter. 54.58% of the stock is owned by hedge funds and other institutional investors.

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

Kinder Morgan Inc. (NYSE:KMI) opened at 20.18 on Wednesday. Kinder Morgan Inc. has a one year low of $11.20 and a one year high of $32.20. The stock has a 50 day moving average of $21.83 and a 200-day moving average of $19.68. The stock has a market cap of $45.05 billion, a P/E ratio of 720.71 and a beta of 0.69.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, July 20th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. The business earned $3.14 billion during the quarter, compared to analyst estimates of $3.45 billion. Kinder Morgan had a net margin of 1.63% and a return on equity of 4.82%. The business’s revenue was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 earnings per share. Analysts anticipate that Kinder Morgan Inc. will post $0.67 EPS for the current year.

A number of analysts recently commented on the company. Stifel Nicolaus downgraded Kinder Morgan from a “buy” rating to a “hold” rating and set a $24.00 price target for the company. in a research report on Tuesday, October 4th. Vetr raised Kinder Morgan from a “buy” rating to a “strong-buy” rating and set a $25.20 price target for the company in a research report on Tuesday, October 4th. Jefferies Group reaffirmed a “hold” rating and set a $17.00 price target on shares of Kinder Morgan in a research report on Thursday, July 21st. Wolfe Research started coverage on Kinder Morgan in a research report on Friday, October 7th. They set a “hold” rating and a $24.00 price target for the company. Finally, Zacks Investment Research raised Kinder Morgan from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Tuesday, September 20th. Thirteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus 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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