Moisand Fitzgerald Tamayo Exits Position in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Moisand Fitzgerald Tamayo has sold out all of its stake in Kinder Morgan Inc during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 116 shares of Kinder Morgan Inc which is valued at $2,335.

Other Hedge Funds, Including , Utah Retirement Systems boosted its stake in KMI in the latest quarter, The investment management firm added 31,500 additional shares and now holds a total of 352,222 shares of Kinder Morgan Inc which is valued at $7,090,229. Kinder Morgan Inc makes up approx 0.18% of Utah Retirement Systems’s portfolio.Spot Trading L.l.c reduced its stake in KMI by selling 79,164 shares or 34.06% in the most recent quarter. The Hedge Fund company now holds 153,289 shares of KMI which is valued at $3,085,708. Kinder Morgan Inc makes up approx 0.41% of Spot Trading L.l.c’s portfolio.Alps Advisors Inc boosted its stake in KMI in the latest quarter, The investment management firm added 543,748 additional shares and now holds a total of 1,744,258 shares of Kinder Morgan Inc which is valued at $35,321,225. Kinder Morgan Inc makes up approx 0.31% of Alps Advisors Inc’s portfolio.Community Bank N.a. reduced its stake in KMI by selling 219 shares or 25.0% in the most recent quarter. The Hedge Fund company now holds 657 shares of KMI which is valued at $14,296.

Kinder Morgan Inc opened for trading at $20.52 and hit $21 on the upside on Monday, eventually ending the session at $20.78, with a gain of 2.06% or 0.42 points. The heightened volatility saw the trading volume jump to 1,05,46,487 shares. Company has a market cap of $46,388 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.

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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