Bernstein Begins Coverage on Kinder Morgan Inc (KMI)

Paterniano Del Favero
Mag 19, 2017

The company has dropped -27.98% in past 3 months and in the last five trades has moved down -0.77%. The Pittenger & Anderson Inc holds 226,653 shares with $4.69 million value, up from 203,380 last quarter. Texas Instruments Inc now has $79.08B valuation. The stock has a 1-year performance up 10.61% and negative at -3.30% in last five trading sessions. It has by 0.00% the S&P500. Zacks Investment Research raised shares of Kinder Morgan from a sell rating to a hold rating in a report on Monday, January 16th. The stock closing price is now trading downward to its 50 day moving average with change of -3.57%, escalated to its 20 day moving average with figure of 1.29% and behind its 200 day moving average with value -4.56%. The company has Beta Value of 0.58 and ATR value of 0.37. Sage Grp Inc has invested 0% in Kinder Morgan Inc (NYSE:KMI). State Treasurer State of MI now owns 1,337,898 shares of the pipeline company's stock valued at $30,946,000 after buying an additional 34,400 shares in the last quarter. About 64 shares traded.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, KMI earned gross profit of 7.8 Billion, in 2015 7.95 Billion gross profit, while in 2016 Kinder Morgan, Inc. Grassi Investment Management acquired 116,647 shares as Kinder Morgan Inc.

05/11/2016 - Sanford C. Bernstein began new coverage on Kinder Morgan, Inc. giving the company a "market perform" rating. Royal Bank of Canada reiterated a "hold" rating and issued a $25.00 target price on shares of Kinder Morgan in a research report on Friday, March 17th. The stock has "Buy" rating by Stifel Nicolaus on Thursday, August 4. Kinder Morgan presently has a consensus rating of "Buy" and an average target price of $24.04. The stock of Kinder Morgan Inc (NYSE:KMI) earned "Outperform" rating by RBC Capital Markets on Thursday, October 22. Credit Suisse Group AG set a $27.00 price target on Kinder Morgan and gave the company a "buy" rating in a research note on Thursday, April 20th. Ecofin Ltd has invested 0.52% in Kinder Morgan Inc (NYSE:KMI).

01/17/2017 - J P Morgan Chase & Co had its "outperform" rating reiterated by analysts at FBR Capital Markets. Bluemountain Mgmt Lc invested 0.04% of its portfolio in Kinder Morgan Inc (NYSE:KMI). The mean EPS estimate is $0.67.

Investors sentiment decreased to 0.94 in 2016 Q4. Stockholders of record on Monday, May 1st were issued a dividend of $0.125 per share. It worsened, as 86 investors sold KMI shares while 357 reduced holdings. 106 funds opened positions while 309 raised stakes. 20,310 were reported by Qcm Cayman. Van Eck Assocs invested in 0% or 37,513 shares. Kornitzer Cap Management Ks reported 625,525 shares stake. Ray Gerald L Associate reported 81,725 shares stake. Financial Engines Limited Company has 0.26% invested in Kinder Morgan Inc (NYSE:KMI). Dimensional Fund Advsr L P has 6.20 million shares for 0.06% of their portfolio. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.19/share. Ronna Sue Cohen accumulated 44,949 shares or 0.72% of the stock. Nomura Holdg invested in 389,708 shares. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.56%. Finally, Cobalt Capital Management Inc. increased its position in shares of Kinder Morgan by 54.2% in the first quarter. This is strictly focusing on price and technical - that means we focus on real-time stock price movement and then position it relative to the simple moving averages.

Ratings analysis reveals 65% of Kinder Morgan's analysts are positive. The firm has "Buy" rating by Argus Research given on Tuesday, November 10. The company was maintained on Wednesday, January 25 by Drexel Hamilton. Credit Suisse has "Neutral" rating and $39 target. The company was downgraded on Wednesday, February 3 by Goldman Sachs. The rating was maintained by Deutsche Bank with "Buy" on Thursday, March 30. Sometimes it may seem like it, but analysts don't just pull their price targets out of thin air. The ex-dividend date of this dividend was Thursday, April 27th. The rating was maintained by Cowen & Co on Thursday, July 23 with "Market Perform". They now have a Dollars 100 price target on the stock. WHITMAN CHRISTINE TODD also sold $532,420 worth of Texas Instruments Incorporated (NASDAQ:TXN) shares.

According to Finviz reported data, The SMA20 of the stock is at -2.78 percent, SMA50 is -5.37 percent, while SMA200 is -6.52 percent.

Patriot Financial Partners Gp Lp holds 16.36% of its portfolio in Banc of California Inc for 2.85 million shares.

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