Vista Capital Partners Inc. Buys Shares of 7,897 Kinder Morgan, Inc. (NYSE:KMI)

Vista Capital Partners Inc. bought a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 7,897 shares of the pipeline company’s stock, valued at approximately $216,000.

Several other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC grew its position in Kinder Morgan by 4.0% in the 4th quarter. Global Retirement Partners LLC now owns 23,729 shares of the pipeline company’s stock valued at $650,000 after acquiring an additional 916 shares in the last quarter. Vawter Financial Ltd. purchased a new position in shares of Kinder Morgan in the 4th quarter valued at about $211,000. Kestra Investment Management LLC boosted its stake in shares of Kinder Morgan by 25.1% in the 4th quarter. Kestra Investment Management LLC now owns 11,820 shares of the pipeline company’s stock valued at $324,000 after buying an additional 2,373 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Kinder Morgan by 10.8% in the 4th quarter. Atria Wealth Solutions Inc. now owns 184,779 shares of the pipeline company’s stock valued at $5,063,000 after buying an additional 18,078 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in Kinder Morgan by 5.8% during the fourth quarter. Venturi Wealth Management LLC now owns 12,392 shares of the pipeline company’s stock worth $340,000 after purchasing an additional 683 shares during the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total value of $502,380.00. Following the sale, the president now directly owns 861,652 shares in the company, valued at $24,048,707.32. This represents a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 54,000 shares of company stock worth $1,493,100 over the last three months. 12.81% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on KMI. UBS Group boosted their price objective on Kinder Morgan from $34.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Wells Fargo & Company boosted their target price on Kinder Morgan from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Scotiabank started coverage on Kinder Morgan in a report on Friday, January 10th. They issued a “sector perform” rating and a $26.00 target price on the stock. Mizuho boosted their target price on Kinder Morgan from $31.00 to $33.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Finally, Morgan Stanley boosted their target price on Kinder Morgan from $24.00 to $36.00 in a report on Thursday, January 23rd. Nine analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.14.

Kinder Morgan Trading Up 0.8 %

Shares of KMI stock opened at $26.77 on Wednesday. The business’s fifty day moving average price is $27.79 and its 200 day moving average price is $25.23. Kinder Morgan, Inc. has a 1-year low of $17.00 and a 1-year high of $31.48. The firm has a market capitalization of $59.49 billion, a PE ratio of 22.88, a P/E/G ratio of 3.13 and a beta of 0.94. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. As a group, sell-side analysts forecast that Kinder Morgan, Inc. will post 1.23 EPS for the current fiscal 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 given a $0.2875 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.15 annualized dividend and a dividend yield of 4.30%. Kinder Morgan’s dividend payout ratio is currently 98.29%.

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.