Duncker Streett & Co. Inc. Sells 1,056 Shares of Kinder Morgan, Inc. (NYSE:KMI)

Duncker Streett & Co. Inc. cut its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,674 shares of the pipeline company’s stock after selling 1,056 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Kinder Morgan were worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. SageView Advisory Group LLC boosted its holdings in Kinder Morgan by 3.0% in the third quarter. SageView Advisory Group LLC now owns 20,607 shares of the pipeline company’s stock worth $342,000 after acquiring an additional 596 shares in the last quarter. Wesbanco Bank Inc. boosted its holdings in Kinder Morgan by 0.4% in the third quarter. Wesbanco Bank Inc. now owns 148,549 shares of the pipeline company’s stock worth $2,463,000 after acquiring an additional 599 shares in the last quarter. Chronos Wealth Management LLC boosted its holdings in Kinder Morgan by 2.7% in the third quarter. Chronos Wealth Management LLC now owns 22,700 shares of the pipeline company’s stock worth $376,000 after acquiring an additional 600 shares in the last quarter. Cubic Asset Management LLC boosted its holdings in Kinder Morgan by 5.1% in the fourth quarter. Cubic Asset Management LLC now owns 12,292 shares of the pipeline company’s stock worth $217,000 after acquiring an additional 600 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. lifted its holdings in shares of Kinder Morgan by 0.8% during the third quarter. Argonautica Private Wealth Management Inc. now owns 80,421 shares of the pipeline company’s stock valued at $1,333,000 after purchasing an additional 615 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Stock Up 0.4 %

Kinder Morgan stock opened at $17.76 on Thursday. The stock has a market cap of $39.42 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 4.95 and a beta of 0.90. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.28 and a current ratio of 0.35. Kinder Morgan, Inc. has a one year low of $15.89 and a one year high of $18.72. The stock has a fifty day moving average of $17.71 and a 200 day moving average of $17.36.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, April 17th. The pipeline company reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The company had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $4.36 billion. Kinder Morgan had a return on equity of 7.57% and a net margin of 15.59%. Kinder Morgan’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 earnings per share. As a group, sell-side analysts predict that Kinder Morgan, Inc. will post 1.19 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KMI shares. StockNews.com downgraded Kinder Morgan from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Truist Financial reaffirmed a “hold” rating and set a $20.00 price target (down from $22.00) on shares of Kinder Morgan in a report on Monday, March 25th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.20.

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.