CHICAGO TRUST Co NA Purchases 5,279 Shares of Kinder Morgan, Inc. (NYSE:KMI)

CHICAGO TRUST Co NA increased its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 20.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,565 shares of the pipeline company’s stock after purchasing an additional 5,279 shares during the period. CHICAGO TRUST Co NA’s holdings in Kinder Morgan were worth $837,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Modus Advisors LLC bought a new stake in Kinder Morgan in the fourth quarter worth $27,000. Northwest Investment Counselors LLC purchased a new stake in shares of Kinder Morgan in the third quarter worth approximately $28,000. Planning Capital Management Corp lifted its stake in shares of Kinder Morgan by 143.6% during the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 797 shares during the last quarter. HM Payson & Co. increased its stake in Kinder Morgan by 401.8% in the third quarter. HM Payson & Co. now owns 1,430 shares of the pipeline company’s stock worth $32,000 after purchasing an additional 1,145 shares during the period. Finally, Activest Wealth Management boosted its stake in shares of Kinder Morgan by 63.0% during the third quarter. Activest Wealth Management now owns 1,478 shares of the pipeline company’s stock valued at $33,000 after purchasing an additional 571 shares during the period. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock traded up $0.29 during mid-day trading on Monday, reaching $28.45. 3,226,386 shares of the stock traded hands, compared to its average volume of 10,553,664. The business has a 50-day moving average of $27.31 and a 200 day moving average of $23.79. The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $63.21 billion, a PE ratio of 24.96, a PEG ratio of 3.87 and a beta of 0.94. Kinder Morgan, Inc. has a fifty-two week low of $16.47 and a fifty-two week high of $28.82.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The firm’s revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 EPS. On average, analysts predict that Kinder Morgan, Inc. will post 1.18 EPS for the current year.

Kinder Morgan Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.2875 per share. The ex-dividend date was Thursday, October 31st. This represents a $1.15 annualized dividend and a yield of 4.04%. Kinder Morgan’s dividend payout ratio (DPR) is 100.88%.

Insider Buying and Selling at Kinder Morgan

In other news, Director Amy W. Chronis bought 2,241 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were purchased at an average price of $24.89 per share, with a total value of $55,778.49. Following the purchase, the director now owns 23,995 shares in the company, valued at approximately $597,235.55. The trade was a 10.30 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction dated Thursday, January 2nd. The shares were 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 directly owns 861,652 shares of the company’s stock, valued at approximately $24,048,707.32. This represents a 2.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 745,263 shares of company stock worth $18,578,014 over the last quarter. 12.64% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Scotiabank assumed coverage on shares of Kinder Morgan in a research note on Friday. They issued a “sector perform” rating and a $26.00 price target on the stock. Barclays increased their price objective on shares of Kinder Morgan from $24.00 to $27.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Morgan Stanley set a $26.00 price objective on Kinder Morgan in a research report on Friday, October 18th. Bank of America began coverage on shares of Kinder Morgan in a report on Thursday, October 17th. They issued a “buy” rating and a $27.00 price target on the stock. Finally, The Goldman Sachs Group boosted their price target on Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $26.67.

Kinder Morgan 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.