Are Kinder Morgan (NYSE:KMI) Shares Worth Your Time and Dime Following Recent Wells Fargo Upgrade?

June 18, 2018 - By Vivian Park

Kinder Morgan, Inc. (NYSE:KMI) Logo

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.29, from 0.7 in 2017Q4. It improved, as 74 investors sold Kinder Morgan, Inc. shares while 305 reduced holdings. 108 funds opened positions while 266 raised stakes. 1.31 billion shares or 0.24% less from 1.31 billion shares in 2017Q4 were reported.

Fjarde Ap invested 0.14% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Old Natl Retail Bank In has 19,454 shares. Cetera Advsr Limited Company reported 17,896 shares stake. Moreover, Evanson Asset Mgmt Ltd Liability Corp has 0.17% invested in Kinder Morgan, Inc. (NYSE:KMI) for 54,235 shares. Sumitomo Mitsui Asset Management Limited owns 136,270 shares or 0.03% of their US portfolio. Creative Planning accumulated 220,196 shares. London Of Virginia holds 6.07M shares or 0.73% of its portfolio. Mariner Ltd Company has invested 0.01% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Neuberger Berman Grp Ltd Com owns 302,672 shares. Manchester Cap Mngmt Lc reported 0% in Kinder Morgan, Inc. (NYSE:KMI). Ronna Sue Cohen has 0.45% invested in Kinder Morgan, Inc. (NYSE:KMI). Harvest Fund Ltd Liability Corporation accumulated 1.56M shares. Motco reported 3,207 shares. 253,452 were reported by Clinton Grp. Caisse De Depot Et Placement Du Quebec holds 0.02% or 616,431 shares in its portfolio.

Kinder Morgan (NYSE:KMI) Stock Upgrade

Kinder Morgan (NYSE:KMI) was upped by Wells Fargo from a Market Perform rating to a solid Outperform rating in analysts report revealed on Monday, 18 June.

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

Among 15 analysts covering Kinder Morgan (NYSE:KMI), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Kinder Morgan has $26 highest and $1600 lowest target. $20.69’s average target is 23.38% above currents $16.77 stock price. Kinder Morgan had 19 analyst reports since January 5, 2018 according to SRatingsIntel. The company was maintained on Friday, March 2 by UBS. Barclays Capital maintained the shares of KMI in report on Tuesday, April 17 with “Overweight” rating. The company was maintained on Wednesday, April 11 by Mizuho. The rating was maintained by JP Morgan on Monday, February 12 with “Overweight”. As per Tuesday, March 27, the company rating was upgraded by Citigroup. The stock has “Buy” rating by SunTrust on Wednesday, April 18. The firm has “Hold” rating given on Thursday, January 25 by Mizuho. As per Wednesday, May 30, the company rating was maintained by Morgan Stanley. Stifel Nicolaus maintained it with “Buy” rating and $21 target in Monday, April 30 report. Jefferies maintained it with “Hold” rating and $1600 target in Monday, April 16 report.

The stock decreased 1.06% or $0.18 during the last trading session, reaching $16.77. About 15.49 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 18.18% since June 18, 2017 and is downtrending. It has underperformed by 30.75% the S&P500.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 EPS, up 35.71 % or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16 million for 22.07 P/E if the $0.19 EPS becomes a reality. After $0.22 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64 % negative EPS growth.

Kinder Morgan, Inc. operates as an energy infrastructure firm in North America. The company has market cap of $37.00 billion. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, and Kinder Morgan Canada divisions. It has a 349.38 P/E ratio. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas facilities.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Seekingalpha.com which released: “Kinder Morgan: TMP Profits Are All That Matter” on May 21, 2018, also Seekingalpha.com with their article: “Canada to buy Trans Mountain pipeline” published on May 29, 2018, Seekingalpha.com published: “Kinder Morgan Starts Over” on May 30, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Fool.com and their article: “Better Buy: Enbridge Inc vs. Kinder Morgan, Inc.” published on June 08, 2018 as well as Fool.com‘s news article titled: “Energy Investors Are Overlooking Kinder Morgan’s Huge Growth Opportunity” with publication date: June 11, 2018.

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

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