Guardian Wealth Advisors LLC NC Raises Stake in Kinder Morgan, Inc. (NYSE:KMI)

Guardian Wealth Advisors LLC NC increased its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 18.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,817 shares of the pipeline company’s stock after buying an additional 2,040 shares during the period. Guardian Wealth Advisors LLC NC’s holdings in Kinder Morgan were worth $351,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Greenline Partners LLC purchased a new stake in Kinder Morgan in the fourth quarter worth $54,000. First Manhattan CO. LLC. bought a new stake in Kinder Morgan in the 4th quarter valued at about $248,000. Deutsche Bank AG lifted its holdings in Kinder Morgan by 16.8% during the fourth quarter. Deutsche Bank AG now owns 14,711,722 shares of the pipeline company’s stock valued at $403,101,000 after purchasing an additional 2,116,576 shares during the last quarter. Diligent Investors LLC boosted its position in Kinder Morgan by 1.5% during the fourth quarter. Diligent Investors LLC now owns 26,083 shares of the pipeline company’s stock worth $715,000 after purchasing an additional 381 shares during the period. Finally, Eagle Global Advisors LLC increased its stake in shares of Kinder Morgan by 248.6% in the fourth quarter. Eagle Global Advisors LLC now owns 879,460 shares of the pipeline company’s stock worth $24,097,000 after purchasing an additional 627,160 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Insiders Place Their Bets

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $27.57, for a total transaction of $496,260.00. Following the completion of the sale, the president now directly owns 789,652 shares in the company, valued at approximately $21,770,705.64. This trade represents a 2.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John W. Schlosser sold 75,461 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the transaction, the vice president now owns 220,681 shares in the company, valued at approximately $5,881,148.65. This represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 129,461 shares of company stock valued at $3,503,776. 12.73% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on KMI shares. Truist Financial raised their price target on Kinder Morgan from $25.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Tuesday, May 6th. UBS Group increased their target price on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Citigroup upped their price target on shares of Kinder Morgan from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Finally, Royal Bank of Canada lifted their price objective on Kinder Morgan from $27.00 to $28.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 29th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.79.

Kinder Morgan Trading Up 1.0 %

NYSE KMI opened at $27.32 on Friday. The firm has a market capitalization of $60.71 billion, a PE ratio of 23.35, a P/E/G ratio of 3.08 and a beta of 0.74. The stock’s 50 day moving average is $27.02 and its 200 day moving average is $27.20. Kinder Morgan, Inc. has a twelve month low of $18.83 and a twelve month high of $31.48. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.02 billion. Research analysts forecast that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.2925 per share. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.17 dividend on an annualized basis and a yield of 4.28%. Kinder Morgan’s payout ratio is presently 100.86%.

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.