Kinder Morgan (KMI) Receives New Coverage from Analysts at Bank of America

Sunday, 14 Jan, 2018

The pipeline company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. Emerging Sovereign Group Llc who had been investing in Hdfc Bank Ltd for a number of months, seems to be less bullish one the $76.52 billion market cap company. The stock increased 1.67% or $0.32 during the last trading session, reaching $19.52. The Kopernik Global Investors Llc holds 4.06M shares with $14.75M value, up from 3.76M last quarter. Glu Mobile Inc. (NASDAQ:GLUU) has risen 5.65% since January 13, 2017 and is uptrending. It has underperformed by 14.13% the S&P500. Botty Invsts Limited Liability Corporation holds 0.49% in Kinder Morgan, Inc. (KMI) by 3.32% based on its latest 2017Q3 regulatory filing with the SEC. Bluefin Trading Llc sold 63,100 shares as Kinder Morgan Inc Del (KMI)'s stock declined 10.34%. The institutional investor held 986,795 shares of the public utilities company at the end of 2017Q3, valued at $18.93 million, down from 1.02 million at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Kinder Morgan Inc Del for a number of months, seems to be bullish on the $43.59 billion market cap company.

Shares of Kinder Morgan (NYSE KMI) traded up $0.32 on Friday, hitting $19.52. About 3.58M shares traded.

Bank of America began coverage on shares of Kinder Morgan (NYSE:KMI) in a research note published on Tuesday morning, The Fly reports. It has underperformed by 3.61% the S&P500. Its down 0.05, from 0.94 in 2017Q2. It improved, as 39 investors sold PX shares while 277 reduced holdings. 65 funds opened positions while 289 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported. (NYSE:PX) or 13,100 shares. Wealthtrust has 109 shares. Timber Hill Limited Liability holds 0.04% or 22,220 shares. Vgi Partners Pty Ltd acquired 12,042 shares as Praxair Inc (PX)'s stock rose 10.06%. First Comml Bank Of Hutchinson owns 2,000 shares for 0.18% of their portfolio. Marshall Wace Limited Liability Partnership owns 59,506 shares. Renaissance Technologies LLC lifted its holdings in shares of Kinder Morgan by 133.5% in the 2nd quarter. The Vgi Partners Pty Ltd holds 290,741 shares with $40.63M value, up from 278,699 last quarter. Panagora Asset Mngmt holds 0.03% or 356,091 shares in its portfolio. Everence Mgmt accumulated 53,301 shares. (NYSE:PX) for 1,795 shares. British Columbia Invest Mngmt reported 1.10 million shares or 0.16% of all its holdings. 44,112 are owned by Linscomb & Williams Inc. Contravisory Invest Management stated it has 1.94% in Praxair, Inc. (NYSE:MET). Cumberland Partners Ltd holds 289,150 shares. The insider Aliabadi Paymon sold $510,787. (NYSE:KMI) on Wednesday, May 11 with "Market Perform" rating. Therefore 62% are positive. Glu Mobile had 38 analyst reports since August 5, 2015 according to SRatingsIntel. As per Wednesday, April 19, the company rating was maintained by Jefferies. (NYSE:KMI) earned "Hold" rating by Stifel Nicolaus on Thursday, October 22. Mizuho restated a hold rating and issued a $22.00 price objective on shares of Kinder Morgan in a research note on Friday, October 20th. The company was downgraded on Tuesday, August 25 by Guggenheim. Stifel Nicolaus maintained the shares of KMI in report on Thursday, July 13 with "Buy" rating. The firm has "Buy" rating by Goldman Sachs given on Sunday, August 16.

Fmr Llc increased its stake in Genuine Parts Co (GPC) by 113.34% based on its latest 2017Q3 regulatory filing with the SEC. Everett Harris & Ca owns 213,473 shares or 0.12% of their U.S. portfolio. Stevens Mngmt Ltd Partnership holds 0.17% in Kinder Morgan, Inc. (NYSE:KMI) to report earnings on January, 17. During the same period in the prior year, the firm posted ($0.10) earnings per share. KMI's profit will be $401.98M for 27.11 P/E if the $0.18 EPS becomes a reality. Jefferies Group also issued estimates for Kinder Morgan's Q4 2017 earnings at $0.17 EPS and FY2020 earnings at $0.82 EPS.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.13, from 0.9 in 2017Q2. It turned negative, as 70 investors sold KMI shares while 353 reduced holdings.

Several hedge funds and other institutional investors have recently made changes to their positions in KMI. Narwhal Cap Management holds 36,500 shares or 0.47% of its portfolio. Bernstein initiated Kinder Morgan, Inc. (NYSE:KMI). Voloridge Inv Ltd Liability Corp accumulated 0.05% or 117,746 shares. Pennsylvania holds 24,250 shares. Mirae Asset Ltd has 93,612 shares for 0.03% of their portfolio. Hussman Strategic Advsr reported 0.96% of its portfolio in MetLife, Inc. (NYSE:KMI) for 3.37M shares. 17,180 are owned by Capital Interest Ca. Philadelphia Trust has invested 0.14% of its portfolio in MetLife, Inc. Alps, a Colorado-based fund reported 335,484 shares. 32,210 are held by Violich Cap Management. Of all equities tracked, Kinder Morgan had the 0th highest net out-flow for the day. (NYSE:PX) for 763,058 shares. SunTrust Banks set a $23.00 price objective on Kinder Morgan and gave the company a buy rating in a research note on Thursday, October 19th. Therefore 56% are positive. Credit Suisse Group began coverage on shares of Kinder Morgan in a report on Thursday, January 4th. The firm has "Overweight" rating by Barclays Capital given on Monday, July 18. Adirondack Tru Com stated it has 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) has "Buy" rating given on Thursday, October 12 by BMO Capital Markets. Commonwealth Bank of Australia lifted its holdings in shares of Kinder Morgan by 45.9% in the 2nd quarter. Hl Fincl Limited Liability Corporation reported 23,029 shares. The firm has "Sector Perform" rating given on Tuesday, June 27 by RBC Capital Markets. The company was maintained on Wednesday, October 11 by RBC Capital Markets.

Kinder Morgan, Inc is an energy infrastructure company. The stock of Genuine Parts Company (NYSE:GPC) earned "Neutral" rating by Susquehanna on Friday, August 26.

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