Kinder Morgan Inc (KMI) : Beaumont Financial Partners added new position in Kinder Morgan Inc during the most recent quarter end. The investment management firm now holds 280,457 shares of Kinder Morgan Inc which is valued at $4.8 Million , the company said in a statement filed on May 12, 2016 with the SEC.Kinder Morgan Inc makes up approximately 0.80% of Beaumont Financial Partners’s portfolio.
Other Hedge Funds, Including , Baldwin Brothers Incma added KMI to its portfolio by purchasing 250 company shares during the most recent quarter which is valued at $4,283.Middleton Co Incma reduced its stake in KMI by selling 1,125 shares or 9.37% in the most recent quarter. The Hedge Fund company now holds 10,884 shares of KMI which is valued at $183,395. Kinder Morgan Inc makes up approx 0.04% of Middleton Co Incma’s portfolio.Ntv Asset Management reduced its stake in KMI by selling 500 shares or 1.01% in the most recent quarter. The Hedge Fund company now holds 48,772 shares of KMI which is valued at $821,808. Kinder Morgan Inc makes up approx 0.31% of Ntv Asset Management’s portfolio. Quantitative Investment Management sold out all of its stake in KMI during the most recent quarter. The investment firm sold 1,488,000 shares of KMI which is valued $25.1 Million. Moisand Fitzgerald Tamayo sold out all of its stake in KMI during the most recent quarter. The investment firm sold 116 shares of KMI which is valued $2,060.
Kinder Morgan Inc opened for trading at $17.41 and hit $17.83 on the upside on Friday, eventually ending the session at $17.75, with a gain of 2.84% or 0.49 points. The heightened volatility saw the trading volume jump to 1,54,28,893 shares. Company has a market cap of $39,610 M.
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.
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.