Kinder Morgan, Inc. (KMI): A Detailed Look at its Institutional Ownership

Kinder Morgan, Inc. (NYSE:KMI) produced a 3.42% rally since recording the worst price of $16.68. Thanks to the latest -0.92% decrease, it now trades at $17.25. Throughout the trading on 12/04/2017, the share price floated between $17.24 and $17.5. This company shares are 35.88% off its target price of $23.44 and the current market capitalization stands at $37.47B. The recent change has given its price a -5.05% deficit over SMA 50 and -25.03% deficit over its 52-week high. The stock witnessed -3.09% declines, -10.85% declines and -8.24% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KMI’s volatility during a week at 2% and during a month it has been found around 1.68%.

Kinder Morgan, Inc. (KMI) Top Holders

Institutional investors currently hold around $24.08 billion or 62.9% in KMI stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.45 billion in Kinder Morgan, Inc., which represents roughly 6.54% of the company’s market cap and approximately 10.18% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 114,313,154 shares of the stock are valued at $1.99 billion. The third largest holder is State Street Corp, which currently holds $1.67 billion worth of this stock and that ownership represents nearly 4.47% of its market capitalization.

Kinder Morgan, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 401 institutional holders increased their position in Kinder Morgan, Inc. (NYSE:KMI) by some 104,374,946 shares, 540 decreased positions by 64,528,745 and 134 held positions by 1,213,994,143. That puts total institutional holdings at 1,382,897,834 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 10,916,703 shares while 84 institutional investors sold out their entire positions totaling 6,779,846 shares.

Kinder Morgan, Inc. (NYSE:KMI) Insider Trades

Multiple company employees have indulged in significant insider trading. Kinder Morgan, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Smith William A has acquired 4,903 shares of Kinder Morgan, Inc. (KMI) in trading session dated Jul. 31, 2017. These shares are worth $99,237 and were traded at $20.24 each. The SEC filing shows that Sanders Dax performed a purchase of 2,600 shares. The VP, Corporate Development added these shares by way of transaction on May. 30, 2017. The company’s shares were assimilated at $18.6 per share worth to an investment of some $48,360 on account of Sanders Dax.

Executive Chairman, 10% Owner, Kinder Richard D, purchased 500,000 common shares of Kinder Morgan, Inc. (KMI) in the open market. In a transaction dated May. 30, 2017, the shares were bought at an average price of $18.58, giving away a sum of $9,290,000. After this purchase, 245,846,090 common shares of KMI are directly owned by the insider, with total stake valued at $4,240,845,053.

In the transaction dated Oct. 24, 2016, the great number of shares acquired came courtesy the Director; Sarofim Fayez added a total of 700,000 shares at an average price of $21.41, amounting to approximately $14,987,000. The insider now directly owns 38,378,712 shares worth $662,032,782.

Kinder Morgan, Inc. (KMI) Analyst Guide

Several analysts have released their opinion on Kinder Morgan, Inc. (NYSE:KMI), with 6 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.04 average brokerage recommendation.

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