MBM Wealth Consultants LLC Has $361,000 Stock Position in Kinder Morgan, Inc. (NYSE:KMI)

MBM Wealth Consultants LLC raised its stake in Kinder Morgan, Inc. (NYSE:KMI) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,833 shares of the pipeline company’s stock after acquiring an additional 594 shares during the quarter. MBM Wealth Consultants LLC’s holdings in Kinder Morgan were worth $361,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its holdings in shares of Kinder Morgan by 24.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 268,971 shares of the pipeline company’s stock valued at $7,370,000 after purchasing an additional 53,234 shares in the last quarter. Simon Quick Advisors LLC increased its stake in shares of Kinder Morgan by 13.6% in the 4th quarter. Simon Quick Advisors LLC now owns 10,327 shares of the pipeline company’s stock valued at $283,000 after buying an additional 1,234 shares during the period. MCF Advisors LLC raised its position in shares of Kinder Morgan by 8.5% during the fourth quarter. MCF Advisors LLC now owns 6,829 shares of the pipeline company’s stock worth $187,000 after acquiring an additional 537 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its holdings in Kinder Morgan by 15.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,864,723 shares of the pipeline company’s stock valued at $51,093,000 after acquiring an additional 247,099 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its position in Kinder Morgan by 7.9% in the fourth quarter. Atomi Financial Group Inc. now owns 69,953 shares of the pipeline company’s stock worth $1,917,000 after purchasing an additional 5,115 shares during the period. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, Director Amy W. Chronis bought 2,241 shares of the business’s stock in a transaction dated 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 completion of the purchase, the director now owns 23,995 shares in the company, valued at $597,235.55. This represents a 10.30 % increase in their position. The purchase was disclosed in a legal filing 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 on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total value of $502,380.00. Following the sale, the president now owns 861,652 shares of the company’s stock, valued at approximately $24,048,707.32. This trade represents a 2.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,121 shares of company stock worth $1,497,000 in the last three months. Insiders own 12.81% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on KMI. The Goldman Sachs Group upped their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Bank of America assumed coverage on shares of Kinder Morgan in a report on Thursday, October 17th. They set a “buy” rating and a $27.00 target price for the company. Scotiabank assumed coverage on shares of Kinder Morgan in a report on Friday, January 10th. They set a “sector perform” rating and a $26.00 price objective for the company. Wells Fargo & Company upped their price target on shares of Kinder Morgan from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley set a $26.00 target price on shares of Kinder Morgan in a report on Friday, October 18th. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $27.00.

Kinder Morgan Trading Up 2.9 %

KMI stock opened at $31.20 on Wednesday. The firm has a market cap of $69.31 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 3.97 and a beta of 0.94. The firm has a fifty day moving average price of $27.74 and a 200 day moving average price of $24.20. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46. Kinder Morgan, Inc. has a fifty-two week low of $16.47 and a fifty-two week high of $31.48.

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.