Kinder Morgan INC Del (KMI) Stock Declined While Camden Asset Management LP Has Trimmed by $3.84 Million Its Position

July 14, 2018 - By Elizabeth Bryant

Kinder Morgan, Inc. (NYSE:KMI) LogoInvestors sentiment increased to 0.99 in Q1 2018. Its up 0.29, from 0.7 in 2017Q4. It is positive, as 74 investors sold KMI shares while 305 reduced holdings. 108 funds opened positions while 266 raised stakes. 1.31 billion shares or 0.24% less from 1.31 billion shares in 2017Q4 were reported. Ashford Cap Management reported 23,928 shares. Retail Bank Of America Corp De holds 0.04% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 15.99 million shares. First Mercantile holds 0.24% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 75,803 shares. Kings Point Cap Management holds 0.38% or 126,572 shares in its portfolio. Prudential Pcl invested in 0% or 22,203 shares. Spirit Of America Mngmt Corp New York has invested 1.66% in Kinder Morgan, Inc. (NYSE:KMI). Moreover, California State Teachers Retirement Systems has 0.11% invested in Kinder Morgan, Inc. (NYSE:KMI) for 3.30 million shares. Halsey Ct holds 1.23% or 462,758 shares. Verition Fund Mgmt Ltd reported 53,243 shares. Brookfield Asset Mngmt stated it has 19.64M shares or 1.01% of all its holdings. Hennessy Advsrs has invested 1.64% in Kinder Morgan, Inc. (NYSE:KMI). Jackson Square Ptnrs Ltd Liability Company has invested 0.01% in Kinder Morgan, Inc. (NYSE:KMI). Kentucky Retirement Insur Trust Fund holds 0.13% or 43,433 shares. C V Starr owns 92,631 shares. Moreover, Blb&B Advsrs Limited has 0.22% invested in Kinder Morgan, Inc. (NYSE:KMI) for 108,603 shares.

Camden Asset Management LP decreased its stake in Kinder Morgan Inc Del (KMI) by 33.76% based on its latest 2018Q1 regulatory filing with the SEC. Camden Asset Management LP sold 256,150 shares as the company’s stock declined 6.09% with the market. The hedge fund held 502,650 shares of the public utilities company at the end of 2018Q1, valued at $7.57 million, down from 758,800 at the end of the previous reported quarter. Camden Asset Management LP who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $39.51 billion market cap company. The stock decreased 0.67% or $0.12 during the last trading session, reaching $17.91. About 8.44 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 18.18% since July 14, 2017 and is downtrending. It has underperformed by 30.75% the S&P500.

Camden Asset Management L P, which manages about $4.65 billion and $3.11B US Long portfolio, upped its stake in Black Hills Corp by 796,500 shares to 1.07 million shares, valued at $64.09 million in 2018Q1, according to the filing. It also increased its holding in Euronet Worldwide Inc (Prn) by 22.00M shares in the quarter, for a total of 42.90 million shares, and has risen its stake in Ciena Corp (Prn).

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 EPS, up 35.71 % or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16 million for 23.57 P/E if the $0.19 EPS becomes a reality. After $0.22 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64 % negative EPS growth.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Benzinga.com which released: “Kinder Morgan Is A Buy After Pipeline Sale To Canadian Government, Wells Fargo Says In Upgrade” on June 18, 2018, also Seekingalpha.com with their article: “Kinder Morgan’s Smart Move” published on June 29, 2018, Seekingalpha.com published: “Investors awaiting pipeline plans from midstream operators in Q2 reports” on July 13, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan’s 9100-Mile Long NGPL Gas Pipeline” published on July 13, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan Is Getting Back To Growth” with publication date: July 13, 2018.

Kinder Morgan, Inc. (NYSE:KMI) Ratings Coverage

Among 16 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Kinder Morgan has $26 highest and $1600 lowest target. $20.67’s average target is 15.41% above currents $17.91 stock price. Kinder Morgan had 19 analyst reports since January 18, 2018 according to SRatingsIntel. UBS maintained the shares of KMI in report on Friday, March 2 with “Buy” rating. On Wednesday, April 18 the stock rating was maintained by SunTrust with “Buy”. The stock has “Buy” rating by Bernstein on Tuesday, June 26. The stock has “Overweight” rating by Morgan Stanley on Friday, February 9. As per Monday, January 29, the company rating was upgraded by Argus Research. The stock has “Hold” rating by RBC Capital Markets on Thursday, January 18. The firm has “Outperform” rating by Wells Fargo given on Monday, June 18. The firm has “Buy” rating by Stifel Nicolaus given on Monday, April 30. As per Thursday, January 25, the company rating was maintained by Mizuho. The firm earned “Hold” rating on Wednesday, April 11 by Mizuho.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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