Kinder Morgan INC (KMI) Stock Rose While Commonwealth Bank Of Australia Has Trimmed Its Position by $25.83 Million

Kinder Morgan, Inc. (NYSE:KMI) LogoInvestors sentiment is 0.99 in Q2 2018. Its the same as in 2018Q1. It is the same, as 56 investors sold KMI shares while 299 reduced holdings. only 78 funds opened positions while 272 raised stakes. 1.27 billion shares or 3.21% less from 1.31 billion shares in 2018Q1 were reported. Hoertkorn Richard Charles has 4.11% invested in Kinder Morgan, Inc. (NYSE:KMI) for 380,000 shares. Swiss Commercial Bank has 0.13% invested in Kinder Morgan, Inc. (NYSE:KMI) for 6.57M shares. Moneta Inv Advsrs Lc accumulated 32,924 shares. Washington Tru Savings Bank owns 233,274 shares for 0.57% of their portfolio. Riverhead Capital Mngmt Ltd Limited Liability Company, a Delaware-based fund reported 98,097 shares. Arcadia Invest Mi accumulated 0.01% or 3,000 shares. Advisors Asset Mgmt Incorporated holds 0.04% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 143,716 shares. Duncker Streett Incorporated reported 146,335 shares. Signalpoint Asset Mgmt Ltd accumulated 38,287 shares. Guyasuta Advisors Inc reported 0.02% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Bp Public Ltd Com has 245,000 shares for 0.14% of their portfolio. Toronto Dominion Bankshares has 0.04% invested in Kinder Morgan, Inc. (NYSE:KMI) for 1.23M shares. Point72 Asset Mngmt Ltd Partnership holds 0.14% or 1.94 million shares in its portfolio. Sunbelt Securities reported 55,928 shares. City Holdings holds 0.01% or 1,417 shares in its portfolio.

Commonwealth Bank Of Australia decreased its stake in Kinder Morgan Inc (KMI) by 6% based on its latest 2018Q2 regulatory filing with the SEC. Commonwealth Bank Of Australia sold 1.43 million shares as the company’s stock rose 8.48% with the market. The institutional investor held 22.47 million shares of the public utilities company at the end of 2018Q2, valued at $413.05M, down from 23.90 million at the end of the previous reported quarter. Commonwealth Bank Of Australia who had been investing in Kinder Morgan Inc for a number of months, seems to be less bullish one the $37.67B market cap company. The stock increased 1.19% or $0.2 during the last trading session, reaching $17.07. About 20.40M shares traded or 38.90% up from the average. Kinder Morgan, Inc. (NYSE:KMI) has declined 6.20% since December 2, 2017 and is downtrending. It has underperformed by 21.82% the S&P500.

Commonwealth Bank Of Australia, which manages about $9.99 billion US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 28,496 shares to 30,697 shares, valued at $5.96 million in 2018Q2, according to the filing. It also increased its holding in Nextera Energy Inc (NYSE:NEE) by 66,180 shares in the quarter, for a total of 2.28M shares, and has risen its stake in Sprint Corp (NYSE:S).

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on January, 16. They expect $0.24 EPS, up 14.29 % or $0.03 from last year’s $0.21 per share. KMI’s profit will be $529.69 million for 17.78 P/E if the $0.24 EPS becomes a reality. After $0.21 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts 14.29 % EPS growth.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Fool.com which released: “3 Reasons Why Brookfield Infrastructure Partners Is Going After This $150 Billion Opportunity – The Motley Fool” on November 22, 2018, also Seekingalpha.com with their article: “TransCanada to consider ‘all-of-the-above’ funding model for Keystone XL – Seeking Alpha” published on November 13, 2018, Fool.com published: “Where Will Kinder Morgan Be in 10 Years? – The Motley Fool” on November 25, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan: Debt Reduction Secured – Seeking Alpha” published on November 05, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan, Williams win OK to start up facilities to boost feedgas to Cheniere LNG terminals – Seeking Alpha” with publication date: November 30, 2018.

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

Among 10 analysts covering Kinder Morgan (NYSE:KMI), 9 have Buy rating, 1 Sell and 0 Hold. Therefore 90% are positive. Kinder Morgan has $24 highest and $20 lowest target. $22’s average target is 28.88% above currents $17.07 stock price. Kinder Morgan had 10 analyst reports since June 18, 2018 according to SRatingsIntel. Wolfe Research downgraded the stock to “Underperform” rating in Monday, November 26 report. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Outperform” rating by Wells Fargo on Monday, June 18. The firm has “Buy” rating given on Wednesday, August 1 by Stifel Nicolaus. JP Morgan maintained it with “Overweight” rating and $21 target in Friday, July 27 report. The firm has “Overweight” rating by Barclays Capital given on Friday, October 12. The rating was upgraded by Bernstein on Tuesday, June 26 to “Buy”. As per Friday, July 20, the company rating was maintained by Citigroup.

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

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