United Asset Strategies buys $525,051 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : United Asset Strategies scooped up 2,470 additional shares in Kinder Morgan Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 26,083 shares of Kinder Morgan Inc which is valued at $525,051.Kinder Morgan Inc makes up approximately 0.19% of United Asset Strategies’s portfolio.

Other Hedge Funds, Including , Gilder Gagnon Howe Co reduced its stake in KMI by selling 4,717 shares or 4.28% in the most recent quarter. The Hedge Fund company now holds 105,616 shares of KMI which is valued at $2,126,050. Kinder Morgan Inc makes up approx 0.04% of Gilder Gagnon Howe Co’s portfolio.Miller Howard Investments Inc Ny reduced its stake in KMI by selling 59,170 shares or 6.33% in the most recent quarter. The Hedge Fund company now holds 876,057 shares of KMI which is valued at $18,589,930. Kinder Morgan Inc makes up approx 0.32% of Miller Howard Investments Inc Ny’s portfolio.Hartford Investment Management Co reduced its stake in KMI by selling 8,098 shares or 1.79% in the most recent quarter. The Hedge Fund company now holds 444,113 shares of KMI which is valued at $9,424,078. Kinder Morgan Inc makes up approx 0.19% of Hartford Investment Management Co’s portfolio.

Kinder Morgan Inc closed down -0.01 points or -0.05% at $20.12 with 95,46,864 shares getting traded on Thursday. Post opening the session at $20.07, the shares hit an intraday low of $19.85 and an intraday high of $20.25 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Kinder Morgan Inc reported $0.15 EPS for the quarter, based on the information available during the earnings call on Jul 20, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $3144.00 million for the quarter, compared to analysts expectations of $3376.36 million. The company’s revenue was down -9.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

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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