Kinder Morgan Now Offers Growth with Less Risk, Says Raymond James

Author

21 July, 2017

The stock rose 1.08% or $0.71 reaching $66.55 per share. About 330,253 shares traded. Corp (NYSE:FNB) has risen 4.28% since July 21, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Let's talk about the gap between analyst price targets for the next 12 months and Kinder Morgan, Inc. The last session's volume of 34.81 million shares was higher than its average volume of 10.61 million shares. The institutional investor held 245,020 shares of the public utilities company at the end of 2016Q4, valued at $5.07M, up from 173,347 at the end of the previous reported quarter. Calamos Wealth Management Llc acquired 75,045 shares as Intercontinental Exchange Inc (ICE)'s stock rose 1.58%. The stock increased 0.05% or $0.04 during the last trading session, reaching $73.59. About 8,247 shares traded. Kinder Morgan's payout ratio is 161.29%. It has underperformed by 3.61% the S&P500.

More notable recent Kinder Morgan Inc (NYSE:KMI) news were published by: Bizjournals.com which released: "Kinder Morgan increases project queue by $500M" on July 20, 2017, also Seekingalpha.com with their article: "Kinder Morgan Profiting From Coming LNG Boom" published on July 05, 2017, Seekingalpha.com published: "Kinder Morgan: Earnings Preview" on July 14, 2017.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, July 19th. More interesting news about Altria Group Inc (NYSE:MO) were released by: Gurufocus.com and their article: "Brightworth Buys Vanguard Div Appreciation ETF - DNQ, Altria Group Inc, Diageo ..." published on July 20, 2017 as well as Seekingalpha.com's news article titled: "Altria: Perfectly Positioning Itself" with publication date: July 10, 2017. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 65% are positive. JP Morgan upgraded the shares of ICE in report on Wednesday, June 1 to "Neutral" rating. The firm has "Hold" rating given on Tuesday, October 4 by Stifel Nicolaus. The firm has "Outperform" rating by Wolfe Research given on Thursday, October 20. The original version of this piece of content can be read at https://www.thestockobserver.com/2017/07/21/violich-capital-management-inc-reduces-stake-in-kinder-morgan-inc-kmi-updated-updated.html. The firm has "Hold" rating given on Thursday, June 22 by Jefferies. Argus Research maintained the stock with "Buy" rating in Tuesday, November 10 report. The company has a consensus rating of "Buy" and a consensus price target of $24.03. But even with this move, there is still plenty of room for the company to come back from a longer term perspective, and especially if we look to recent lows for the company as well. TIAA CREF Investment Management LLC increased its stake in shares of Kinder Morgan by 49.5% in the first quarter.

Investors sentiment decreased to 0.94 in 2016 Q4. Its up 0.12, from 0.87 in 2016Q3. It is negative, as 86 investors sold KMI shares while 357 reduced holdings. Macquarie Group Limited has 4,300 shares for 0% of their portfolio. (NYSE:UHS). 2,551 were accumulated by Glob X Company Limited Liability. (KMI) opened at 20.56 on Friday. Chicago Partners Investment Group LLC increased its stake in shares of Kinder Morgan by 23.9% in the first quarter. Bragg Fincl Advsrs invested in 0.28% or 9,505 shares. Moreover, Qcm Cayman Ltd has 0.83% invested in Kinder Morgan Inc (NYSE:KMI) for 20,310 shares.

Kinder Morgan declared that its Board of Directors has initiated a share buyback program on Wednesday, July 19th that allows the company to repurchase $2.00 billion in outstanding shares. Finally, Pictet Asset Management Ltd. boosted its position in Kinder Morgan by 315.2% in the first quarter. 8,000 were reported by Cohen Klingenstein Ltd Liability. Exane Derivatives stated it has 0% in Kinder Morgan Inc (NYSE:KMI). Capital Management Assoc New York accumulated 6,350 shares.

Since March 8, 2017, it had 0 buys, and 1 insider sale for $1.24 million activity. Therefore 88% are positive. F.N.B. Altria Group Inc. had 29 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has "Overweight" rating by Barclays Capital on Monday, July 18. We believe this "growth on lower relative risk" trade-off is compelling and we reiterate our Strong Buy rating. However yesterday the stock remained in between $11.660 and $11.780. Finally, Swiss National Bank increased its stake in Kinder Morgan by 27.2% in the first quarter. RBC Capital Markets maintained the stock with "Outperform" rating in Thursday, December 3 report. The stock of F.N.B. The stock has "Buy" rating by Stifel Nicolaus on Thursday, January 28. Panagora Asset Management Inc invested in 3,429 shares.

Investors sentiment decreased to 1.01 in Q4 2016. Its down 0.06, from 1 in 2016Q3. 77 funds opened positions while 186 raised stakes. Commonwealth Bankshares Of Australia holds 2.59% or 10.22 million shares in its portfolio. 406,709 are owned by California Employees Retirement. 122 are held by Northwestern Mutual Wealth Management. Commonwealth Equity Services Inc, Massachusetts-based fund reported 5,218 shares. Invesco holds 360,140 shares. Brown Advisory Ltd Liability Company stated it has 25,868 shares. Strategy Asset Managers Ltd Co invested in 44,564 shares. Stock's weekly performance expressed up trend of 0.48%. Channing Capital Llc reported 0.13% stake. Corp (NYSE:FNB). 112,189 are owned by Pinebridge L P.

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