Short Interest in Kinder Morgan Rose 17% Recently

Postado Novembro 14, 2017

With today's market cap for Kinder Morgan, Inc., traders can easily name it as one of the major player in its Oil & Gas Pipelines industry. Hedge funds and other institutional investors own 59.03% of the company's stock. (NYSE:KMI) by 13.8% during the third quarter, Holdings Channel reports. Korea Investment CORP owned approximately 0.06% of Kinder Morgan worth $27,687,000 at the end of the most recent reporting period.

As of the end of the quarter Oppenheimer & Co Inc had acquired 14,928 shares growing its stake by 6.1%. Moreover, San Francisco Sentry Investment Grp Inc Incorporated (Ca) has 0.05% invested in Kinder Morgan Inc (NYSE:KMI) for 7,888 shares. North Star Asset Management Inc. now owns 10,029 shares of the pipeline company's stock worth $192,000 after acquiring an additional 61 shares during the last quarter.

The short interest as a percentage of floating shares in Kinder Morgan (KMI) is 2.8%. CNH Partners LLC now owns 27,467 shares of the pipeline company's stock worth $526,000 after purchasing an additional 100 shares in the last quarter.

The company has mean EPS estimate of 0.18 reported by 10 number of analyst for the quarter ending Current Qtr.(Dec2017). Geode Capital Management LLC grew its stake in shares of Kinder Morgan by 7.7% in the 1st quarter. WMS Partners LLC now owns 13,682 shares of the company's stock valued at $316,000 after buying an additional 174 shares during the last quarter. Penn Davis Mcfarland Inc holds 5.8% or 1.02M shares in its portfolio. (NYSE KMI) traded down $0.21 during trading hours on Tuesday, reaching $17.46. You can do this by looking for the average analyst rating on the company's stock. The company's market cap is $50.34 billion. When it comes to net revenue, the average estimate from a total of 6 analysts is 3.42 billion - compared to $3.39 billion posted in the year-ago period. Kinder Morgan Inc. shares are now trading down about 1.3% on the day. In the last earnings report the EPS was $0.56 with 2.23B shares now outstanding. The company had revenue of $3.28 billion for the quarter, compared to analysts' expectations of $3.21 billion. On average, equities analysts anticipate that Kinder Morgan, Inc. will post $0.62 EPS for the current fiscal year. Pittenger & Anderson Inc sold 221,605 shares as Kinder Morgan Inc Del (KMI)'s stock declined 10.34%. This repurchase authorization permits the pipeline company to repurchase up to 4.6% of its shares through open market purchases. About 342,105 shares traded.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Zacks Investment Research raised shares of Kinder Morgan from a "sell" rating to a "hold" rating in a report on Tuesday, August 29th. On Monday, October 16 the stock rating was maintained by Piper Jaffray with "Buy". This represents a $0.50 annualized dividend and a dividend yield of 2.83%. Kinder Morgan's dividend payout ratio is now 89.29%. (NYSE:KMI) has been trading recently.

Equity analyst Stifel Nicolaus lowered the price target on October 24 cutting the projection from $25.00 to $22.00 and stated a "Buy" rating.

Among 22 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 9 Hold. The stock of Kinder Morgan Inc (NYSE:KMI) earned "Buy" rating by Tudor Pickering on Friday, August 14. The stock of Kinder Morgan Inc (NYSE:KMI) has "Hold" rating given on Thursday, December 3 by Argus Research. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company's stock. The stock has a consensus rating of "Hold" and an average price target of $23.03.

COPYRIGHT VIOLATION WARNING: This report was originally published by Week Herald and is the property of of Week Herald. If you are viewing this story on another publication, it was stolen and reposted in violation of U.S. & global trademark and copyright laws. Kinder Morgan, Inc. (KMI) now has 2.23 million shares outstanding, which means that its market capitalization is $40.00B. Adirondack Tru Communications has invested 0% in Kinder Morgan Inc (NYSE:KMI). The Firm operates in five divisions: Olefins and Polyolefins-Americas, Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. The Company segments include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other.