The firm owned $96.16 million shares of the company's stock after selling 1.99 million shares during the period. The stock had a trading volume of 3,680,354 shares. It has outperformed by 109.09% the S&P500. Analysts reported that the Price Target for Kinder Morgan, Inc. might touch $36 high while the Average Price Target and Low price Target is $23.11 and $19 respectively. The firm had revenue of $3.42 billion for the quarter, compared to analysts' expectations of $3.36 billion. Its down 0.18, from 0.94 in 2017Q1. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/12/05/bluestein-r-h-co-buys-19000-shares-of-kinder-morgan-inc-kmi.html. It has underperformed by 3.61% the S&P500.
Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of 52.20%; the net profit margin of 9.20% while its Operating margin was 25.30% for Kinder Morgan, Inc. During the same period a year ago, the company posted ($0.10) earnings per share. Note, this compares with a consensus analyst forecast of 0.17 in earnings per share for its next fiscal quarterly report. North Star Asset Management Inc. boosted its holdings in shares of Kinder Morgan by 0.6% during the 2nd quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kinder Morgan's dividend payout ratio is 89.29%. Eagle Global Advisors Llc bought 2.30M shares as the company's stock declined 10.34% while stock markets rallied. 199.13 million shares or 0.41% less from 199.95 million shares in 2017Q1 were reported. (NYSE:KMI) are owned by insiders with 61.92% six-month change in the insider ownership. (NYSE:KMI). Raymond James Services Advsr Incorporated holds 0.09% or 673,316 shares in its portfolio.
Among 22 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 9 Hold. Arrowstreet Ltd Partnership invested 0.03% in Kinder Morgan, Inc. (NYSE:KMI) earned "Hold" rating by Jefferies on Thursday, June 22. Ronna Sue Cohen reported 43,035 shares.
By 2:08 p.m. ET, Kinder Morgan Canada shares were down 4.5 per cent at $16.28 on the Toronto Stock Exchange, while the benchmark energy index was up 0.3 per cent.
Investors sentiment decreased to 0.9 in Q2 2017. The stock of Kinder Morgan, Inc. (KMI) which owns a controlling interest in Kinder Morgan Canada Limited (KML) intend to present at the Wells Fargo 2017 Pipeline, MLP and Utility Symposium on Wednesday, December 6, 2017 in New York, New York to discuss the business and affairs of KMI, which is expected to include discussion of KML. Therefore 59% are positive. The firm earned "Buy" rating on Thursday, October 12 by BMO Capital Markets. The company was initiated on Wednesday, May 11 by Bernstein. TD Securities maintained the stock with "Buy" rating in Tuesday, June 20 report. BidaskClub lowered shares of Kinder Morgan from a "sell" rating to a "strong sell" rating in a report on Wednesday, August 16th. The stock presently has an average rating of "Hold" and an average target price of $22.97. The stock has "Hold" rating by Stifel Nicolaus on Tuesday, October 4. Credit Suisse upgraded the stock to "Outperform" rating in Thursday, October 20 report. About 723,049 shares traded. Its up 3.54% from 5.79M shares previously. Beta is a number that measures the risk of an individual stock relative to the overall market. As per Friday, January 29, the company rating was maintained by RBC Capital Markets. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Hold". The firm has "Buy" rating by Sandler O'Neill given on Monday, September 21. Blenheim Capital Management BV purchased a new stake in shares of Kinder Morgan during the fourth quarter valued at about $102,000. It fall, as 70 investors sold KMI shares while 349 reduced holdings. 74 funds opened positions while 87 raised stakes. Moreover, Mitchell Gp Inc has 4.04% invested in Kinder Morgan, Inc. (NYSE:KR). Cornerstone Cap Management Ltd Limited Liability Company stated it has 0.04% in The Kroger Co. Private Harbour Mgmt Counsel Llc has 15,050 shares for 0.24% of their portfolio. Texas-based Ray Gerald L & Assocs has invested 0.15% in Kinder Morgan, Inc. Invesco Ltd owns 2.31M shares. Engineers Gate Manager LP holds 129,290 shares. (NYSE:KMI). Salient Tru Lta reported 667,892 shares.
The dividend yield for the company is hovering around 2.87% while the pay out ratio is now at 89.80%.
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