Kinder Morgan Inc (KMI) : University Of Texas Investment Managment Co has sold out all of its stake in Kinder Morgan Inc during the most recent quarter, according to the disclosure filed by the company on Aug 11, 2016 with the SEC. The investment management company has sold out 13,998 shares of Kinder Morgan Inc which is valued at $294,938.
Other Hedge Funds, Including , Capital Investment Counsel Inc reduced its stake in KMI by selling 1,893 shares or 10.85% in the most recent quarter. The Hedge Fund company now holds 15,551 shares of KMI which is valued at $327,660. Kinder Morgan Inc makes up approx 0.16% of Capital Investment Counsel Inc’s portfolio.Mn Services Vermogensbeheer B.v. boosted its stake in KMI in the latest quarter, The investment management firm added 612 additional shares and now holds a total of 48,013 shares of Kinder Morgan Inc which is valued at $977,545. Kinder Morgan Inc makes up approx 0.20% of Mn Services Vermogensbeheer B.v.’s portfolio. Clarivest Asset Management sold out all of its stake in KMI during the most recent quarter. The investment firm sold 27 shares of KMI which is valued $549. American Century Companies Inc added KMI to its portfolio by purchasing 17,754 company shares during the most recent quarter which is valued at $359,519. Alethea Capital Management sold out all of its stake in KMI during the most recent quarter. The investment firm sold 150,603 shares of KMI which is valued $3,195,796.
Kinder Morgan Inc opened for trading at $21.96 and hit $22.32 on the upside on Tuesday, eventually ending the session at $22.09, with a gain of 0.78% or 0.17 points. The heightened volatility saw the trading volume jump to 1,31,64,839 shares. Company has a market cap of $49,312 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.
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.