Universal Beteiligungs und Servicegesellschaft mbH Has $32.96 Million Stock Position in Kinder Morgan, Inc. $KMI

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,121,062 shares of the pipeline company’s stock after buying an additional 9,841 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kinder Morgan were worth $32,959,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Kinder Morgan by 0.6% during the first quarter. Vanguard Group Inc. now owns 204,148,872 shares of the pipeline company’s stock worth $5,824,367,000 after acquiring an additional 1,302,794 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Kinder Morgan by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 51,848,863 shares of the pipeline company’s stock valued at $1,518,195,000 after purchasing an additional 599,152 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Kinder Morgan by 37.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,281,385 shares of the pipeline company’s stock worth $578,628,000 after purchasing an additional 5,529,065 shares in the last quarter. Deutsche Bank AG lifted its stake in Kinder Morgan by 2.0% in the 1st quarter. Deutsche Bank AG now owns 15,002,375 shares of the pipeline company’s stock valued at $428,018,000 after purchasing an additional 290,653 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Kinder Morgan by 19.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,324,387 shares of the pipeline company’s stock valued at $380,145,000 after buying an additional 2,144,307 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Insider Activity

In other news, Chairman Richard D. Kinder acquired 1,000,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was bought at an average cost of $25.96 per share, for a total transaction of $25,960,000.00. Following the completion of the transaction, the chairman directly owned 246,212,353 shares in the company, valued at $6,391,672,683.88. This represents a 0.41% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amy W. Chronis bought 3,800 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was purchased at an average price of $26.23 per share, for a total transaction of $99,674.00. Following the acquisition, the director owned 39,051 shares of the company’s stock, valued at $1,024,307.73. This trade represents a 10.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have bought 1,004,287 shares of company stock valued at $26,072,463 and have sold 18,498 shares valued at $506,660. Insiders own 12.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KMI. Royal Bank Of Canada upped their price target on shares of Kinder Morgan from $28.00 to $30.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Weiss Ratings restated a “buy (b)” rating on shares of Kinder Morgan in a research report on Wednesday, October 8th. Scotiabank lowered their target price on Kinder Morgan from $28.00 to $27.00 and set a “sector perform” rating for the company in a report on Friday, September 19th. BMO Capital Markets initiated coverage on Kinder Morgan in a research note on Friday, September 19th. They set an “outperform” rating and a $32.00 price target on the stock. Finally, Wolfe Research raised Kinder Morgan from a “peer perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research note on Friday, July 25th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $31.19.

Kinder Morgan Trading Down 1.0%

NYSE KMI opened at $27.14 on Tuesday. The firm has a market capitalization of $60.37 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 3.01 and a beta of 0.77. The business’s 50-day moving average price is $27.21 and its two-hundred day moving average price is $27.43. The company has a current ratio of 0.63, a quick ratio of 0.53 and a debt-to-equity ratio of 0.98. Kinder Morgan, Inc. has a 12 month low of $23.94 and a 12 month high of $31.48.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, October 22nd. The pipeline company reported $0.29 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.29. Kinder Morgan had a return on equity of 8.57% and a net margin of 16.61%.The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same period last year, the company earned $0.25 earnings per share. The firm’s revenue was up 12.1% compared to the same quarter last year. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. On average, analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were given a $0.2925 dividend. The ex-dividend date was Monday, November 3rd. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.3%. Kinder Morgan’s payout ratio is 95.90%.

About Kinder Morgan

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.