Kinder Morgan, Inc. (NYSE:KMI) Shares Sold by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC decreased its stake in Kinder Morgan, Inc. (NYSE:KMI) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,171 shares of the pipeline company’s stock after selling 384 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in Kinder Morgan were worth $799,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Sunflower Bank N.A. grew its position in shares of Kinder Morgan by 3.6% in the fourth quarter. Sunflower Bank N.A. now owns 10,503 shares of the pipeline company’s stock valued at $288,000 after purchasing an additional 367 shares during the period. Ignite Planners LLC boosted its position in Kinder Morgan by 3.9% during the fourth quarter. Ignite Planners LLC now owns 9,992 shares of the pipeline company’s stock worth $282,000 after acquiring an additional 372 shares during the last quarter. Eagle Bay Advisors LLC boosted its position in Kinder Morgan by 8.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 5,182 shares of the pipeline company’s stock worth $142,000 after acquiring an additional 385 shares during the last quarter. Sunbelt Securities Inc. boosted its position in Kinder Morgan by 0.5% during the third quarter. Sunbelt Securities Inc. now owns 90,560 shares of the pipeline company’s stock worth $2,000,000 after acquiring an additional 414 shares during the last quarter. Finally, SignalPoint Asset Management LLC boosted its position in Kinder Morgan by 1.5% during the third quarter. SignalPoint Asset Management LLC now owns 30,059 shares of the pipeline company’s stock worth $655,000 after acquiring an additional 447 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Price Performance

Kinder Morgan stock opened at $31.20 on Wednesday. The company’s 50 day simple moving average is $27.82 and its 200-day simple moving average is $24.28. The company has a market capitalization of $69.31 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 3.97 and a beta of 0.94. Kinder Morgan, Inc. has a 1 year low of $16.47 and a 1 year high of $31.48. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada boosted their price target on shares of Kinder Morgan from $24.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 22nd. Barclays boosted their price target on shares of Kinder Morgan from $27.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. Wells Fargo & Company boosted their price target on shares of Kinder Morgan from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. 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 target price on the stock. Finally, Morgan Stanley set a $26.00 target price on shares of Kinder Morgan in a research note on Friday, October 18th. Eight research 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 company’s stock. Based on data from MarketBeat, Kinder Morgan has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, Director Amy W. Chronis acquired 2,241 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average price of $24.89 per share, for a total transaction of $55,778.49. Following the completion of the acquisition, the director now owns 23,995 shares of the company’s stock, valued at approximately $597,235.55. This trade represents a 10.30 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Thomas A. Martin sold 19,121 shares of Kinder Morgan stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $26.28, for a total transaction of $502,499.88. Following the completion of the transaction, the president now owns 897,652 shares of the company’s stock, valued at $23,590,294.56. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,121 shares of company stock worth $1,497,000. Corporate insiders own 12.81% of the company’s stock.

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.