Chicago Partners Investment Group buys $8,659,226 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Chicago Partners Investment Group scooped up 27,711 additional shares in Kinder Morgan Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 412,934 shares of Kinder Morgan Inc which is valued at $8,659,226.Kinder Morgan Inc makes up approximately 3.51% of Chicago Partners Investment Group’s portfolio.

Other Hedge Funds, Including , Pictet Asset Management Ltd boosted its stake in KMI in the latest quarter, The investment management firm added 30,700 additional shares and now holds a total of 1,051,742 shares of Kinder Morgan Inc which is valued at $22,055,030. Kinder Morgan Inc makes up approx 0.08% of Pictet Asset Management Ltd’s portfolio.Whittier Trust Co Of Nevada Inc reduced its stake in KMI by selling 3,459 shares or 3.44% in the most recent quarter. The Hedge Fund company now holds 97,153 shares of KMI which is valued at $2,091,704. Kinder Morgan Inc makes up approx 0.24% of Whittier Trust Co Of Nevada Inc’s portfolio.Wilbanks Smith Thomas Asset Management reduced its stake in KMI by selling 4,333 shares or 2.44% in the most recent quarter. The Hedge Fund company now holds 173,367 shares of KMI which is valued at $3,496,812. Kinder Morgan Inc makes up approx 0.33% of Wilbanks Smith Thomas Asset Management’s portfolio.Salient Trust Co Lta reduced its stake in KMI by selling 438 shares or 0.14% in the most recent quarter. The Hedge Fund company now holds 320,801 shares of KMI which is valued at $6,470,556. Kinder Morgan Inc makes up approx 0.75% of Salient Trust Co Lta’s portfolio.

Kinder Morgan Inc opened for trading at $21.42 and hit $21.76 on the upside on Monday, eventually ending the session at $21.67, with a gain of 1.36% or 0.29 points. The heightened volatility saw the trading volume jump to 1,10,44,374 shares. Company has a market cap of $48,375 M.

On the company’s financial health, Kinder Morgan Inc reported $-0.10 EPS for the quarter, missing the analyst consensus estimate by $ -0.25 based on the information available during the earnings call on Oct 19, 2016. Analyst had a consensus of $0.15. The company had revenue of $3330.00 million for the quarter, compared to analysts expectations of $3425.71 million. The company’s revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.08 EPS.

Many Wall Street Analysts have commented on Kinder Morgan Inc. Kinder Morgan Inc was Upgraded by Raymond James to ” Strong Buy” on Oct 24, 2016. Kinder Morgan Inc was Upgraded by Credit Suisse to ” Outperform” on Oct 20, 2016. Stifel Upgraded Kinder Morgan Inc on Oct 20, 2016 to ” Buy”, Price Target of the shares are set at $24.

Kinder Morgan Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines CO2 Terminals Products Pipelines Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces transports and markets CO2. The Terminals segment includes the operations of its petroleum chemical ethanol and other liquids terminal facilities and all of its coal petroleum coke fertilizer steel ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products crude oil and condensate and NGL pipelines and associated terminals Southeast terminals and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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