Aggressive’ Bearish Options Activity Seen in Kinder Morgan Inc

 Aggressive' Bearish Options Activity Seen in Kinder Morgan Inc

In today’s session Kinder Morgan Inc (KMI) recorded an unusually high (1,913) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious KMI decrease. With 1,913 contracts traded and 27744 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: KMI161216P00022000 closed last at: $2.09 or 11.4% down. About 6.16M shares traded hands. Kinder Morgan Inc (NYSE:KMI) has risen 16.43% since April 7, 2016 and is uptrending. It has outperformed by 11.65% the S&P500.

Kinder Morgan Inc (NYSE:KMI) Ratings Coverage

Out of 16 analysts covering Kinder Morgan (NYSE:KMI), 11 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 69% are positive. $44 is the highest target while $14 is the lowest. The $24.86 average target is 19.86% above today’s ($20.74) stock price. Kinder Morgan has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Stifel Nicolaus upgraded Kinder Morgan Inc (NYSE:KMI) on Thursday, October 20 to “Buy” rating. The rating was upgraded by Raymond James to “Strong Buy” on Monday, October 24. As per Monday, September 28, the company rating was maintained by Bank of America. The firm has “Buy” rating given on Sunday, August 16 by Goldman Sachs. The firm earned “Buy” rating on Thursday, January 28 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 29. The firm earned “Outperform” rating on Thursday, October 22 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, October 22 by Stifel Nicolaus. The stock of Kinder Morgan Inc (NYSE:KMI) has “Outperform” rating given on Thursday, December 3 by RBC Capital Markets. Citigroup maintained it with “Neutral” rating and $22 target price in Tuesday, July 19 report.

According to Zacks Investment Research, “Kinder Morgan, Inc. is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2). The Company operates: natural gas pipelines in the Rocky Mountains, the Midwest and Texas; refined petroleum products pipeline in North America; terminals for the storage of petroleum products and chemicals and CO2 pipelines and oil producing fields. Kinder Morgan, Inc. is headquartered in Houston, Texas.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.02, from 1.01 in 2016Q1. The ratio dropped, as 80 funds sold all Kinder Morgan Inc shares owned while 332 reduced positions. 81 funds bought stakes while 325 increased positions. They now own 1.20 billion shares or 1.62% less from 1.22 billion shares in 2016Q1.
Manufacturers Life Ins Communications The accumulated 9.43 million shares or 0.27% of the stock. Brown Brothers Harriman And accumulated 6,561 shares or 0% of the stock. Mizuho Tru Communications Ltd last reported 0.17% of its portfolio in the stock. Private Ocean Ltd Llc has 311 shares for 0% of their US portfolio. Silvercrest Asset Mngmt Group Inc Ltd Llc holds 0.03% or 139,855 shares in its portfolio. Bank & Trust Of New York Mellon Corp, a New York-based fund reported 20.71M shares. Moreover, Samsung Asset Management (New York) Inc has 0.42% invested in Kinder Morgan Inc (NYSE:KMI) for 29,070 shares. Wolverine Asset Mngmt Lc accumulated 0.17% or 581,650 shares. Dubuque Bancorp Trust Communication holds 0% or 219 shares in its portfolio. Balyasny Asset Limited Liability Co has 213,414 shares for 0.03% of their US portfolio. Cibc Asset Mngmt holds 200,222 shares or 0.03% of its portfolio. Cullen Frost Bankers has 194,051 shares for 0.13% of their US portfolio. Oz Ltd Partnership holds 0.11% or 1.01 million shares in its portfolio. Atwood And Palmer holds 0.01% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 2,361 shares. Carroll Associates has 30,160 shares for 0.09% of their US portfolio.

Kinder Morgan, Inc. is an energy infrastructure firm in North America. The company has a market cap of $46.85 billion. The Firm divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. It currently has negative earnings. The Company’s Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals.

KMI Company Profile

Kinder Morgan, Inc., incorporated on August 23, 2006, is an energy infrastructure firm in North America. The Firm owns an interest in or operates approximately 84,000 miles of pipelines and over 180 terminals. The Company’s divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Company’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle products, such as coal, petroleum coke and steel.

More notable recent Kinder Morgan Inc (NYSE:KMI) news were published by: Fool.com which released: “A Close Look at Kinder Morgan Inc’s Dividend Potential” on October 29, 2016, also Fool.com with their article: “Kinder Morgan Inc. Earnings Are Right on Target” published on October 20, 2016, Fool.com published: “Better Buy: Brookfield Infrastructure Partners LP vs. Kinder Morgan Inc.” on October 11, 2016. More interesting news about Kinder Morgan Inc (NYSE:KMI) were released by: Fool.com and their article: “Better Buy: Magellan Midstream Partners LP vs. Kinder Morgan Inc.” published on October 19, 2016 as well as Fool.com‘s news article titled: “3 Things Kinder Morgan Inc.’s Founder Wants You to Know About the Future of …” with publication date: October 25, 2016.

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