Decker Retirement Planning Inc. Makes New $55,000 Investment in Kinder Morgan, Inc. (NYSE:KMI)

Decker Retirement Planning Inc. bought a new position in Kinder Morgan, Inc. (NYSE:KMI) in the fourth quarter, HoldingsChannel.com reports. The fund bought 2,000 shares of the pipeline company’s stock, valued at approximately $55,000.

A number of other large investors have also added to or reduced their stakes in KMI. Modus Advisors LLC bought a new stake in Kinder Morgan in the 4th quarter worth approximately $27,000. Northwest Investment Counselors LLC purchased a new position in shares of Kinder Morgan during the 3rd quarter worth $28,000. HWG Holdings LP purchased a new position in shares of Kinder Morgan during the 2nd quarter worth $30,000. Planning Capital Management Corp boosted 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. Finally, HM Payson & Co. boosted its stake in shares of Kinder Morgan by 401.8% during the 3rd quarter. HM Payson & Co. now owns 1,430 shares of the pipeline company’s stock worth $32,000 after acquiring an additional 1,145 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Analyst Ratings Changes

KMI has been the topic of several analyst reports. Truist Financial lifted their price target on shares of Kinder Morgan from $22.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, October 17th. Barclays lifted their target price on shares of Kinder Morgan from $27.00 to $31.00 and gave the company an “equal weight” rating in a research note on Thursday. Scotiabank assumed 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. Bank of America assumed coverage on shares of Kinder Morgan in a research note on Thursday, October 17th. They set a “buy” rating and a $27.00 target price on the stock. Finally, Royal Bank of Canada lifted their target price on shares of Kinder Morgan from $24.00 to $26.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 22nd. Eight 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $27.00.

Insider Transactions at Kinder Morgan

In other news, President Thomas A. Martin sold 18,000 shares of the business’s 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 sale, the president now directly owns 861,652 shares in the company, valued at $24,048,707.32. The trade was a 2.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director C Park Shaper sold 690,142 shares of the company’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $24.75, for a total transaction of $17,081,014.50. Following the transaction, the director now owns 6,809,858 shares in the company, valued at $168,543,985.50. The trade was a 9.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 745,263 shares of company stock worth $18,578,014 in the last three months. Insiders own 12.81% of the company’s stock.

Kinder Morgan Stock Up 1.9 %

Shares of KMI stock opened at $30.01 on Friday. The company’s fifty day simple moving average is $27.54 and its two-hundred day simple moving average is $23.95. Kinder Morgan, Inc. has a 52 week low of $16.47 and a 52 week high of $30.07. 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 cap of $66.67 billion, a P/E ratio of 26.32, a PEG ratio of 3.71 and a beta of 0.94.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Kinder Morgan had a return on equity of 7.87% and a net margin of 16.76%. The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter last year, the firm earned $0.25 earnings per share. The business’s quarterly revenue was down 5.3% on a year-over-year basis. Analysts predict that Kinder Morgan, Inc. will post 1.17 EPS for the current fiscal year.

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.