Thompson Davis buys $515,469 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Thompson Davis scooped up 4,793 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 9, 2016. The investment management firm now holds a total of 24,806 shares of Kinder Morgan Inc which is valued at $515,469.Kinder Morgan Inc makes up approximately 0.78% of Thompson Davis’s portfolio.

Other Hedge Funds, Including , First Interstate Bank boosted its stake in KMI in the latest quarter, The investment management firm added 1,550 additional shares and now holds a total of 19,014 shares of Kinder Morgan Inc which is valued at $397,012. Kinder Morgan Inc makes up approx 0.08% of First Interstate Bank’s portfolio.Hap Trading boosted its stake in KMI in the latest quarter, The investment management firm added 17,437 additional shares and now holds a total of 143,290 shares of Kinder Morgan Inc which is valued at $2,917,384. Kinder Morgan Inc makes up approx 0.25% of Hap Trading’s portfolio. Sentinel Trust Co Lba sold out all of its stake in KMI during the most recent quarter. The investment firm sold 22,224 shares of KMI which is valued $490,928.Nisa Investment Advisors boosted its stake in KMI in the latest quarter, The investment management firm added 109,630 additional shares and now holds a total of 468,929 shares of Kinder Morgan Inc which is valued at $10,203,895. Kinder Morgan Inc makes up approx 0.13% of Nisa Investment Advisors’s portfolio.

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.

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