Kinder Morgan Inc (KMI) : Risk Paradigm Group scooped up 5 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 15, 2016. The investment management firm now holds a total of 8,500 shares of Kinder Morgan Inc which is valued at $179,095.Kinder Morgan Inc makes up approximately 0.25% of Risk Paradigm Group’s portfolio.
Other Hedge Funds, Including , Guggenheim Capital boosted its stake in KMI in the latest quarter, The investment management firm added 212,107 additional shares and now holds a total of 2,122,034 shares of Kinder Morgan Inc which is valued at $44,711,256. Kinder Morgan Inc makes up approx 0.14% of Guggenheim Capital’s portfolio.Godsey Gibb Associates reduced its stake in KMI by selling 12,175 shares or 13.43% in the most recent quarter. The Hedge Fund company now holds 78,448 shares of KMI which is valued at $1,652,899. Kinder Morgan Inc makes up approx 0.29% of Godsey Gibb Associates’s portfolio.Investment Centers Of America Inc reduced its stake in KMI by selling 55,695 shares or 38.71% in the most recent quarter. The Hedge Fund company now holds 88,193 shares of KMI which is valued at $1,832,651. Kinder Morgan Inc makes up approx 0.12% of Investment Centers Of America Inc’s portfolio.
Kinder Morgan Inc closed down -0.24 points or -1.10% at $21.61 with 1,24,42,338 shares getting traded on Thursday. Post opening the session at $21.76, the shares hit an intraday low of $21.305 and an intraday high of $21.79 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.
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.