Kinder Morgan Inc (KMI) : Deane Retirement Strategies added new position in Kinder Morgan Inc during the most recent quarter end. The investment management firm now holds 115,855 shares of Kinder Morgan Inc which is valued at $2,099,293 , the company said in a statement filed on Apr 18, 2016 with the SEC.Kinder Morgan Inc makes up approximately 1.97% of Deane Retirement Strategies’s portfolio.
Kinder Morgan Inc closed down -0.04 points or -0.22% at $18.12 with 1,85,36,698 shares getting traded on Friday. Post opening the session at $18.28, the shares hit an intraday low of $18.06 and an intraday high of $18.41 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Traynor Capital Management boosted its stake in KMI in the latest quarter, The investment management firm added 4,559 additional shares and now holds a total of 23,915 shares of Kinder Morgan Inc which is valued at $433,340. Kinder Morgan Inc makes up approx 0.34% of Traynor Capital Management’s portfolio.Gradient Investments reduced its stake in KMI by selling 144,973 shares or 96.89% in the most recent quarter. The Hedge Fund company now holds 4,656 shares of KMI which is valued at $84,553. Kinder Morgan Inc makes up approx 0.01% of Gradient Investments’s portfolio.British Columbia Investment Management Corp boosted its stake in KMI in the latest quarter, The investment management firm added 54,682 additional shares and now holds a total of 1,260,740 shares of Kinder Morgan Inc which is valued at $22,428,565. Kinder Morgan Inc makes up approx 0.21% of British Columbia Investment Management Corp’s portfolio. Chicago Trust Co Na sold out all of its stake in KMI during the most recent quarter. The investment firm sold 12,211 shares of KMI which is valued $217,234.
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.