Vetr cut shares of Kinder Morgan Inc (NYSE:KMI) from a strong-buy rating to a buy rating in a report released on Monday, Analyst Ratings Net reports. They currently have $17.39 target price on the stock.

Shares of Kinder Morgan (NYSE:KMI) opened at 15.19 on Monday. Kinder Morgan has a one year low of $11.20 and a one year high of $44.71. The company has a market capitalization of $33.86 billion and a price-to-earnings ratio of 108.50. The company has a 50-day moving average price of $14.77 and a 200 day moving average price of $25.66.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, January 20th. The company reported ($0.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.47. During the same period last year, the firm posted $0.26 earnings per share. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.90 billion. The company’s quarterly revenue was down 8.0% on a year-over-year basis. On average, analysts forecast that Kinder Morgan will post $0.73 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 15th. Shareholders of record on Monday, February 1st will be paid a $0.125 dividend. The ex-dividend date of this dividend is Thursday, January 28th. This represents a $0.50 dividend on an annualized basis and a yield of 3.29%.

Several other analysts have also weighed in on KMI. Deutsche Bank reaffirmed a buy rating and set a $19.00 price objective on shares of Kinder Morgan in a report on Thursday, January 21st. SunTrust dropped their price objective on shares of Kinder Morgan from $28.00 to $20.00 and set a buy rating for the company in a report on Thursday, January 21st. RBC Capital raised their price objective on shares of Kinder Morgan from $15.00 to $17.00 and gave the stock a sector perform rating in a report on Friday. Goldman Sachs dropped their price objective on shares of Kinder Morgan from $23.00 to $20.00 and set a buy rating for the company in a report on Thursday, January 21st. Finally, Credit Suisse reaffirmed a hold rating and set a $18.00 price objective on shares of Kinder Morgan in a report on Thursday, January 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $24.34.

In other news, Director Michael C. Morgan purchased 126,300 shares of Kinder Morgan stock in a transaction dated Wednesday, November 11th. The shares were bought at an average cost of $24.64 per share, with a total value of $3,112,032.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael C. Morgan purchased 180,000 shares of Kinder Morgan stock in a transaction dated Monday, January 25th. The shares were purchased at an average cost of $14.20 per share, for a total transaction of $2,556,000.00. The disclosure for this purchase can be found here.

Several institutional investors have recently made changes to their positions in KMI. Russell Frank Co boosted its position in shares of Kinder Morgan by 49.4% in the fourth quarter. Russell Frank Co now owns 4,521,188 shares of the company’s stock worth $65,750,000 after buying an additional 1,495,577 shares in the last quarter. Penn Davis Mcfarland Inc. boosted its position in shares of Kinder Morgan by 352.2% in the fourth quarter. Penn Davis Mcfarland Inc. now owns 1,223,571 shares of the company’s stock worth $18,256,000 after buying an additional 952,972 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Kinder Morgan by 74.9% in the fourth quarter. Nationwide Fund Advisors now owns 930,667 shares of the company’s stock worth $13,886,000 after buying an additional 398,705 shares in the last quarter. Retirement Systems of Alabama boosted its position in shares of Kinder Morgan by 17.5% in the fourth quarter. Retirement Systems of Alabama now owns 1,914,907 shares of the company’s stock worth $28,570,000 after buying an additional 284,929 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in shares of Kinder Morgan by 25.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,368,443 shares of the company’s stock worth $20,430,000 after buying an additional 273,402 shares in the last quarter.

Kinder Morgan, Inc. (NYSE:KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

12 Month Chart for NYSE:KMI

To view Vetr’s full report, visit Vetr’s official website.

Receive News & Ratings for Kinder Morgan Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan Inc and related companies with MarketBeat.com's FREE daily email newsletter.