Chicago Partners Investment Group buys $7,130,018 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Chicago Partners Investment Group scooped up 33,874 additional shares in Kinder Morgan Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 26, 2016. The investment management firm now holds a total of 401,465 shares of Kinder Morgan Inc which is valued at $7,130,018.Kinder Morgan Inc makes up approximately 3.55% of Chicago Partners Investment Group’s portfolio.

Kinder Morgan Inc closed down -0.17 points or -0.96% at $17.59 with 1,29,43,624 shares getting traded on Monday. Post opening the session at $17.73, the shares hit an intraday low of $17.3 and an intraday high of $17.76 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Sawtooth Asset Management boosted its stake in KMI in the latest quarter, The investment management firm added 17,142 additional shares and now holds a total of 31,373 shares of Kinder Morgan Inc which is valued at $557,184. Kinder Morgan Inc makes up approx 0.34% of Sawtooth Asset Management’s portfolio.Davis R M Inc boosted its stake in KMI in the latest quarter, The investment management firm added 8,897 additional shares and now holds a total of 25,406 shares of Kinder Morgan Inc which is valued at $460,357. Kinder Morgan Inc makes up approx 0.02% of Davis R M Inc’s portfolio. Donald L. Hagan added KMI to its portfolio by purchasing 1,357 company shares during the most recent quarter which is valued at $24,643. Kinder Morgan Inc makes up approx 0.02% of Donald L. Hagan’s portfolio.Exchange Capital Management boosted its stake in KMI in the latest quarter, The investment management firm added 91 additional shares and now holds a total of 12,300 shares of Kinder Morgan Inc which is valued at $223,368. Kinder Morgan Inc makes up approx 0.10% of Exchange Capital Management’s portfolio.

On the company’s financial health, Kinder Morgan Inc reported $0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Apr 20, 2016. Analyst had a consensus of $0.18. The company had revenue of $3195.00 million for the quarter, compared to analysts expectations of $3755.98 million. The company’s revenue was down -11.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.

Many Wall Street Analysts have commented on Kinder Morgan Inc. Company shares were Reiterated by UBS on Mar 18, 2016 to “Buy”, Firm has raised the Price Target to $ 21 from a previous price target of $18 .Kinder Morgan Inc was Downgraded by Credit Suisse to ” Neutral” on Mar 17, 2016. Company shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 17 from a previous price target of $15 .

Kinder Morgan Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines CO2 Terminals Products Pipelines Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces transports and markets CO2. The Terminals segment includes the operations of its petroleum chemical ethanol and other liquids terminal facilities and all of its coal petroleum coke fertilizer steel ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products crude oil and condensate and NGL pipelines and associated terminals Southeast terminals and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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