Cutter Co Brokerage buys $2,154,393 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Cutter Co Brokerage scooped up 27,728 additional shares in Kinder Morgan Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 107,024 shares of Kinder Morgan Inc which is valued at $2,154,393.Kinder Morgan Inc makes up approximately 0.92% of Cutter Co Brokerage’s portfolio.

Other Hedge Funds, Including , Nj State Employees Deferred Compensation Plan boosted its stake in KMI in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 17,265 shares of Kinder Morgan Inc which is valued at $347,544. Kinder Morgan Inc makes up approx 0.07% of Nj State Employees Deferred Compensation Plan’s portfolio.Investors Capital Advisory Services boosted its stake in KMI in the latest quarter, The investment management firm added 1,424 additional shares and now holds a total of 62,705 shares of Kinder Morgan Inc which is valued at $1,262,252. Kinder Morgan Inc makes up approx 0.24% of Investors Capital Advisory Services’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in KMI by selling 19,704 shares or 6.23% in the most recent quarter. The Hedge Fund company now holds 296,371 shares of KMI which is valued at $5,965,948. Kinder Morgan Inc makes up approx 0.08% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio. Spectrum Management Group sold out all of its stake in KMI during the most recent quarter. The investment firm sold 438 shares of KMI which is valued $8,905.Dnb Asset Management As boosted its stake in KMI in the latest quarter, The investment management firm added 4,100 additional shares and now holds a total of 165,773 shares of Kinder Morgan Inc which is valued at $3,073,431. Kinder Morgan Inc makes up approx 0.06% of Dnb Asset Management As’s portfolio.

Kinder Morgan Inc opened for trading at $20.52 and hit $21 on the upside on Monday, eventually ending the session at $20.78, with a gain of 2.06% or 0.42 points. The heightened volatility saw the trading volume jump to 1,05,46,487 shares. Company has a market cap of $46,388 M.

On the company’s financial health, Kinder Morgan Inc reported $0.15 EPS for the quarter, based on the information available during the earnings call on Jul 20, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $3144.00 million for the quarter, compared to analysts expectations of $3376.36 million. The company’s revenue was down -9.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *