Kinder Morgan (KMI) Short Interest Up 12.3% in April

Galtero Lara
May 16, 2018

Several equities research analysts have recently issued reports on the stock. Analysts expect KMI to grow earnings at a 16.00% annual rate over the next 5 years. The stock has a 52-week low of $3.06 while its 52-weeks high is $6.19. During the same period in the prior year, the firm earned $0.17 EPS. equities analysts forecast that Kinder Morgan will post 0.87 earnings per share for the current fiscal year. (NYSE:KMI). Counselors invested 0.02% of its capital in Kinder Morgan, Inc. The institutional investor owned 245,134 shares of the pipeline company's stock after buying an additional 202,000 shares during the quarter. Kinder Morgan had a net margin of 1.95% and a return on equity of 4.57%. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.56 billion. The pipeline company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue decreasing by -0.20%.

A number of research firms have recently weighed in on KMI. Deutsche Bank initiated coverage on Kinder Morgan in a research note on Thursday, April 19th. ValuEngine lowered Kinder Morgan from a "sell" rating to a "strong sell" rating in a research note on Wednesday, May 2nd. Stifel Nicolaus decreased their price objective on shares of Kinder Morgan from $22.00 to $21.00 and set a "buy" rating for the company in a research report on Monday, April 30th. Bank of America raised shares of Kinder Morgan from a "neutral" rating to a "buy" rating and upped their target price for the company from $15.61 to $20.00 in a report on Wednesday, March 21st. The company rating was maintained by RBC Capital Markets on Monday, April 9. They noted that the move was a valuation call.

Total analysts of 15 have positions in Kinder Morgan (NYSE:KMI) as follows: 11 rated it a "Buy", 0 with "Sell" and 4 with "Hold". Kinder Morgan presently has an average rating of "Buy" and an average target price of $21.32. At the end of 2017Q4, the 28.52 million shares of the public utilities company held by the institutional investor were valued at $515.39 million, up from 18.34M at the end of the previous reported quarter. Callahan Advisors LLC boosted its stake in Kinder Morgan by 0.8% in the fourth quarter. Callahan Advisors LLC now owns 425,080 shares of the pipeline company's stock valued at $7,681,000 after acquiring an additional 3,198 shares in the last quarter. Amundi Pioneer Asset Management Inc. increased its stake in Kinder Morgan by 3.8% during the 1st quarter. Financial Advantage Inc. now owns 305,025 shares of the pipeline company's stock worth $5,512,000 after acquiring an additional 3,204 shares in the last quarter. Beach Investment Counsel Inc. (NYSE:KMI). Montana-based First Interstate Bancorporation has invested 0.1% in Kinder Morgan, Inc. PA now owns 141,681 shares of the pipeline company's stock valued at $2,560,000 after buying an additional 3,475 shares during the last quarter. PA grew its stake in shares of Kinder Morgan by 2.5% in the fourth quarter. Abbot Financial Management Inc. now owns 44,454 shares of the pipeline company's stock worth $669,000 after acquiring an additional 3,400 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in Kinder Morgan by 868.0% during the 1st quarter. Fin Engines Advsr Ltd invested in 300,249 shares or 0.16% of the stock.

Kinder Morgan stock opened at $16.44 on Wednesday. 62,978 shares of the company traded hands, compared to its average volume of 312,578. Kinder Morgan Inc Del now has $36.35B valuation. Glenview Cap Limited Liability Company holds 0.18% or 1.82M shs. The stock has a market capitalization of $36.42 billion, a price-to-earnings ratio of 24.91, a P/E/G ratio of 1.82 and a beta of 0.62.

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The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. The firm earned "Buy" rating on Monday, April 30 by Stifel Nicolaus. This represents a $0.80 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend was Friday, April 27th.

The performance of Kinder Morgan, Inc. Kinder Morgan's payout ratio is 121.21%.

For more Kinder Morgan, Inc. If you are viewing this news story on another site, it was copied illegally and republished in violation of global trademark & copyright laws. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since May 15, 2017 and is downtrending. The Company operates the Business, comprised of a number of pipeline systems and terminal facilities including the Trans Mountain pipeline, the Canadian portion of the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westridge marine and Vancouver Wharves terminals in British Columbia as well as various crude oil loading facilities in Edmonton, Alberta.

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