Kinder Morgan Inc (KMI) : Hsbc Holdings Plc scooped up 311,974 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 12, 2016. The investment management firm now holds a total of 5,611,826 shares of Kinder Morgan Inc which is valued at $118,241,174.Kinder Morgan Inc makes up approximately 0.39% of Hsbc Holdings Plc’s portfolio.
Other Hedge Funds, Including , Clinton Group Inc reduced its stake in KMI by selling 387,313 shares or 96.95% in the most recent quarter. The Hedge Fund company now holds 12,180 shares of KMI which is valued at $256,633. Kinder Morgan Inc makes up approx 0.01% of Clinton Group Inc’s portfolio.Wimmer Associates 1 reduced its stake in KMI by selling 571 shares or 1.98% in the most recent quarter. The Hedge Fund company now holds 28,311 shares of KMI which is valued at $596,513. Kinder Morgan Inc makes up approx 0.52% of Wimmer Associates 1’s portfolio.Crawford Investment Counsel Inc reduced its stake in KMI by selling 114,266 shares or 86.49% in the most recent quarter. The Hedge Fund company now holds 17,849 shares of KMI which is valued at $376,078. Kinder Morgan Inc makes up approx 0.01% of Crawford Investment Counsel Inc’s portfolio.D’orazio Associates reduced its stake in KMI by selling 290 shares or 5.57% in the most recent quarter. The Hedge Fund company now holds 4,914 shares of KMI which is valued at $102,113. Kinder Morgan Inc makes up approx 0.04% of D’orazio Associates’s portfolio.Capital Advantage boosted its stake in KMI in the latest quarter, The investment management firm added 11 additional shares and now holds a total of 11,501 shares of Kinder Morgan Inc which is valued at $240,141. Kinder Morgan Inc makes up approx 0.07% of Capital Advantage’s portfolio.
Kinder Morgan Inc opened for trading at $21.39 and hit $21.8 on the upside on Monday, eventually ending the session at $21.77, with a gain of 1.40% or 0.3 points. The heightened volatility saw the trading volume jump to 1,02,25,439 shares. Company has a market cap of $48,598 M.
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.
Many Wall Street Analysts have commented on Kinder Morgan Inc. Kinder Morgan Inc was Upgraded by Morgan Stanley to ” Overweight” on Aug 18, 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.