Kinder Morgan Inc (KMI) : Maple-brown Abbott Ltd added new position in Kinder Morgan Inc during the most recent quarter end. The investment management firm now holds 510,891 shares of Kinder Morgan Inc which is valued at $10,667,404 , the company said in a statement filed on Aug 9, 2016 with the SEC.Kinder Morgan Inc makes up approximately 3.27% of Maple-brown Abbott Ltd’s portfolio.
Other Hedge Funds, Including , Karpas Strategies boosted its stake in KMI in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 113,170 shares of Kinder Morgan Inc which is valued at $2,401,467. Kinder Morgan Inc makes up approx 1.16% of Karpas Strategies’s portfolio.Capital One National Association boosted its stake in KMI in the latest quarter, The investment management firm added 425 additional shares and now holds a total of 25,694 shares of Kinder Morgan Inc which is valued at $567,580. Kinder Morgan Inc makes up approx 0.05% of Capital One National Association’s portfolio. Private Bank Trust Co sold out all of its stake in KMI during the most recent quarter. The investment firm sold 10,216 shares of KMI which is valued $222,300.
Kinder Morgan Inc closed down -0.03 points or -0.14% at $21.75 with 1,61,58,406 shares getting traded on Wednesday. Post opening the session at $21.7, the shares hit an intraday low of $21.4601 and an intraday high of $21.97 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.
Many Wall Street Analysts have commented on Kinder Morgan Inc. Kinder Morgan Inc was Upgraded by Morgan Stanley to ” Overweight” on Aug 18, 2016.
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.