Kinder Morgan, Inc. (NYSE:KMI) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. raised its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 116.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,645 shares of the pipeline company’s stock after acquiring an additional 113,173 shares during the quarter. UMB Bank n.a.’s holdings in Kinder Morgan were worth $5,772,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KMI. Strong Tower Advisory Services lifted its position in shares of Kinder Morgan by 3.5% in the fourth quarter. Strong Tower Advisory Services now owns 89,541 shares of the pipeline company’s stock valued at $2,453,000 after acquiring an additional 3,022 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in Kinder Morgan in the 4th quarter valued at about $419,000. LVW Advisors LLC lifted its holdings in Kinder Morgan by 7.8% in the 4th quarter. LVW Advisors LLC now owns 21,171 shares of the pipeline company’s stock valued at $580,000 after purchasing an additional 1,539 shares in the last quarter. Smart Money Group LLC purchased a new stake in shares of Kinder Morgan during the fourth quarter worth about $318,000. Finally, City Holding Co. raised its position in shares of Kinder Morgan by 324.6% in the fourth quarter. City Holding Co. now owns 2,399 shares of the pipeline company’s stock valued at $66,000 after buying an additional 1,834 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Insider Activity

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total value of $502,380.00. Following the completion of the transaction, the president now owns 861,652 shares in the company, valued at $24,048,707.32. This represents a 2.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Amy W. Chronis acquired 2,241 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average price of $24.89 per share, for a total transaction of $55,778.49. Following the purchase, the director now directly owns 23,995 shares of the company’s stock, valued at approximately $597,235.55. This trade represents a 10.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 55,121 shares of company stock worth $1,497,000. 12.64% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

KMI has been the subject of several recent analyst reports. Morgan Stanley set a $26.00 target price on shares of Kinder Morgan in a research note on Friday, October 18th. Barclays upped their target price on Kinder Morgan from $27.00 to $31.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. Royal Bank of Canada raised their price target on Kinder Morgan from $24.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 22nd. Scotiabank started coverage on shares of Kinder Morgan in a research note on Friday, January 10th. They set a “sector perform” rating and a $26.00 price objective for the company. Finally, UBS Group raised their target price on shares of Kinder Morgan from $33.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $27.00.

Kinder Morgan Stock Up 0.9 %

Shares of NYSE KMI opened at $30.32 on Tuesday. The stock has a fifty day moving average price of $27.68 and a 200 day moving average price of $24.13. The company has a current ratio of 0.46, a quick ratio of 0.35 and a debt-to-equity ratio of 0.95. Kinder Morgan, Inc. has a 12-month low of $16.47 and a 12-month high of $30.51. The company has a market cap of $67.36 billion, a P/E ratio of 26.59, a P/E/G ratio of 3.71 and a beta of 0.94.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.