Kinder Morgan Inc (KMI) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Kinder Morgan Inc (NYSE:KMI) have been assigned an average rating of “Hold” from the twenty-three research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $22.30.

KMI has been the topic of several recent analyst reports. Argus upgraded shares of Kinder Morgan from a “hold” rating to a “buy” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. Stifel Nicolaus dropped their price target on shares of Kinder Morgan from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, October 24th. Credit Suisse Group set a $22.00 price target on shares of Kinder Morgan and gave the company a “buy” rating in a research note on Monday, February 12th. Royal Bank of Canada reiterated a “hold” rating and issued a $22.00 price target on shares of Kinder Morgan in a research note on Wednesday, November 15th. Finally, Mizuho reiterated a “hold” rating and issued a $22.00 price target on shares of Kinder Morgan in a research note on Friday, October 20th.

In other news, Director William A. Smith acquired 5,500 shares of the stock in a transaction that occurred on Monday, January 22nd. The shares were purchased at an average cost of $19.52 per share, for a total transaction of $107,360.00. Following the transaction, the director now directly owns 14,587 shares in the company, valued at approximately $284,738.24. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Thomas A. Martin acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average price of $17.10 per share, for a total transaction of $51,300.00. The disclosure for this purchase can be found here. Company insiders own 13.99% of the company’s stock.

A number of large investors have recently bought and sold shares of KMI. Clearbridge Investments LLC grew its position in Kinder Morgan by 125.7% in the 4th quarter. Clearbridge Investments LLC now owns 12,648,613 shares of the pipeline company’s stock valued at $228,560,000 after buying an additional 7,043,594 shares during the last quarter. Mackenzie Financial Corp grew its position in Kinder Morgan by 193.5% in the 4th quarter. Mackenzie Financial Corp now owns 8,456,050 shares of the pipeline company’s stock valued at $152,801,000 after buying an additional 5,574,481 shares during the last quarter. Clearbridge LLC grew its position in Kinder Morgan by 106.4% in the 4th quarter. Clearbridge LLC now owns 4,939,820 shares of the pipeline company’s stock valued at $89,263,000 after buying an additional 2,546,130 shares during the last quarter. Maple Brown Abbott Ltd grew its position in Kinder Morgan by 46.6% in the 4th quarter. Maple Brown Abbott Ltd now owns 6,772,088 shares of the pipeline company’s stock valued at $122,372,000 after buying an additional 2,154,212 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Kinder Morgan by 17.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 13,950,108 shares of the pipeline company’s stock valued at $267,575,000 after buying an additional 2,048,560 shares during the last quarter. Hedge funds and other institutional investors own 60.42% of the company’s stock.

Kinder Morgan (NYSE KMI) opened at $17.06 on Friday. The company has a market cap of $37,640.00, a P/E ratio of 1,706.00, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. Kinder Morgan has a one year low of $16.56 and a one year high of $22.10. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 1.00.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, January 17th. The pipeline company reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.03. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.52 billion. Kinder Morgan had a negative net margin of 27.31% and a negative return on equity of 12.17%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 earnings per share. equities research analysts anticipate that Kinder Morgan will post 0.82 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.93%. Kinder Morgan’s dividend payout ratio (DPR) is presently 5,000.00%.

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Kinder Morgan Company Profile

Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.

Analyst Recommendations for Kinder Morgan (NYSE:KMI)

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