Kinder Morgan INC Del (KMI) Valuation Declined While Camden Asset Management LP Decreased Stake by $3.84 Million

July 14, 2018 - By Mona Holcomb

Kinder Morgan, Inc. (NYSE:KMI) LogoInvestors sentiment increased to 0.99 in Q1 2018. Its up 0.29, from 0.7 in 2017Q4. It increased, as 74 investors sold KMI shares while 305 reduced holdings. 108 funds opened positions while 266 raised stakes. 1.31 billion shares or 0.24% less from 1.31 billion shares in 2017Q4 were reported. Farmers Trust has invested 0.78% in Kinder Morgan, Inc. (NYSE:KMI). Northern Corporation holds 20.94 million shares or 0.08% of its portfolio. Weiss Multi stated it has 505,200 shares or 0.24% of all its holdings. Tompkins reported 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Wagner Bowman accumulated 0.04% or 10,020 shares. Cedar Hill Associates Ltd Llc owns 11,991 shares or 0.04% of their US portfolio. Jpmorgan Chase And Company holds 0.06% or 20.07M shares. Stephens Ar stated it has 235,608 shares. Waverton Inv Management Ltd holds 0.02% or 26,138 shares. Coastline Trust has invested 0.07% in Kinder Morgan, Inc. (NYSE:KMI). Schwab Charles Management owns 0.08% invested in Kinder Morgan, Inc. (NYSE:KMI) for 7.10M shares. Nichols & Pratt Advisers Limited Liability Partnership Ma owns 796,685 shares. Salient Trust Lta reported 710,693 shares stake. Jones Collombin Counsel holds 0% or 287 shares in its portfolio. Silvercrest Asset Mgmt holds 0.06% or 383,356 shares.

Camden Asset Management LP decreased its stake in Kinder Morgan Inc Del (KMI) by 33.76% based on its latest 2018Q1 regulatory filing with the SEC. Camden Asset Management LP sold 256,150 shares as the company’s stock declined 6.09% with the market. The hedge fund held 502,650 shares of the public utilities company at the end of 2018Q1, valued at $7.57 million, down from 758,800 at the end of the previous reported quarter. Camden Asset Management LP who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $39.51 billion market cap company. The stock decreased 0.67% or $0.12 during the last trading session, reaching $17.91. About 8.44 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 18.18% since July 14, 2017 and is downtrending. It has underperformed by 30.75% the S&P500.

Camden Asset Management L P, which manages about $4.65B and $3.11B US Long portfolio, upped its stake in Zions Bancorporation (Prn) (NASDAQ:ZIONW) by 516,299 shares to 1.76 million shares, valued at $35.66M in 2018Q1, according to the filing. It also increased its holding in Bank Amer Corp by 11,441 shares in the quarter, for a total of 53,951 shares, and has risen its stake in Nextera Energy Inc.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 EPS, up 35.71 % or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16M for 23.57 P/E if the $0.19 EPS becomes a reality. After $0.22 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64 % negative EPS growth.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Seekingalpha.com which released: “Kinder Morgan Is Getting Back To Growth” on July 13, 2018, also Seekingalpha.com with their article: “Investors awaiting pipeline plans from midstream operators in Q2 reports” published on July 13, 2018, Benzinga.com published: “Kinder Morgan Is A Buy After Pipeline Sale To Canadian Government, Wells Fargo Says In Upgrade” on June 18, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan’s 9100-Mile Long NGPL Gas Pipeline” published on July 13, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan’s Smart Move” with publication date: June 29, 2018.

Kinder Morgan, Inc. (NYSE:KMI) Ratings Coverage

Among 16 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Kinder Morgan has $26 highest and $1600 lowest target. $20.67’s average target is 15.41% above currents $17.91 stock price. Kinder Morgan had 19 analyst reports since January 18, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, January 29 by Argus Research. Morgan Stanley maintained it with “Overweight” rating and $21 target in Wednesday, May 30 report. The stock has “Buy” rating by UBS on Friday, March 2. The rating was maintained by Stifel Nicolaus on Monday, April 30 with “Buy”. SunTrust maintained it with “Buy” rating and $2100 target in Wednesday, April 18 report. The company was maintained on Tuesday, April 17 by Barclays Capital. The firm earned “Buy” rating on Wednesday, March 21 by Bank of America. On Monday, April 9 the stock rating was maintained by RBC Capital Markets with “Hold”. JP Morgan maintained Kinder Morgan, Inc. (NYSE:KMI) on Monday, February 12 with “Overweight” rating. The stock has “Hold” rating by RBC Capital Markets on Thursday, January 18.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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