Summit Securities Group LLC Stake in Kinder Morgan INC Del (Call) (KMI) Decreased by $404.43 Million as Shares Declined

April 16, 2018 - By Robert Judd

Kinder Morgan, Inc. (NYSE:KMI) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 0.7. That’s change of 0.07, from 2017Q3’s 0.77. 75 investors sold all, 372 reduced holdings as KMI ratio is negative. 231 rose stakes while 83 funds amassed stakes. Funds hold 1.31 billion shares thus 0.25% more from 2017Q3’s 1.31 billion shares. Moreover, Personal Capital Advsrs Corp has 0.4% invested in Kinder Morgan, Inc. (NYSE:KMI). Boston Family Office Ltd Com holds 305,943 shs or 0.61% of its capital. Segment Wealth Limited Liability reported 45,368 shs. Blue Finance Inc owns 13,909 shs for 0.15% of their capital. Winslow Evans Crocker Inc owns 32,868 shs or 0.19% of their US capital. Vanguard Gp reported 142.66 million shs. Nbw Capital Ltd reported 2.07% of its capital in Kinder Morgan, Inc. (NYSE:KMI). Tower Bridge Advsrs owns 0.06% invested in Kinder Morgan, Inc. (NYSE:KMI) for 31,978 shs. Parsec Mngmt accumulated 682,436 shs. Coastline Tru accumulated 49,024 shs. Andra Ap owns 193,300 shs or 0.08% of their US capital. Credit Suisse Ag owns 5.36M shs. Maryland Capital Mngmt invested in 0.03% or 12,054 shs. Beaconlight Capital Llc stated it has 1.69% in Kinder Morgan, Inc. (NYSE:KMI). 4.46 million were reported by Brandywine Glob Invest Mgmt Lc.

Based on the latest 2017Q4 regulatory filing with the SEC, Summit Securities Group Llc decreased its holdings in Kinder Morgan Inc Del (Call) (KMI) by 65.74%. The company’s stock sank 16.40% while Summit Securities Group Llc sold 32,014 shares. The public utilities company at the end of 2017Q4 was valued at $210.81M. It’s down from 48,700 at the end of the previous reported quarter. Now it had 16,686 shares held by the institutional investor . Kinder Morgan Inc Del (Call) has $34.66 billion MC. KMI reached $15.71 on during the last trading session after $0.38 change.Currently Kinder Morgan, Inc. is downtrending after 28.25% change in last April 16, 2017. KMI has 6.36 million shares volume. The stock underperformed the S&P500 by 39.80%.

About $840.93M US Long portfolio the Summit Securities Group Llc manages. Its stake in Deutsche Bank Ag (Put) (NYSE:DB) was increased by 21,601 shares to 21,870 shares valued at $237.55M in 2017Q4, according to the filing. Summit Securities Group Llc has risen its stake in Boeing Co (NYSE:BA) and also increased its holding in Broadcom Ltd by 11,900 shares in the quarter, for a total of 17,500 shares.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on April, 18. They expect $0.21 earnings per share, up 23.53 % or $0.04 from last year’s $0.17 per share. KMI’s profit will be $463.27M for 18.70 P/E if the $0.21 EPS becomes a reality. After $0.21 actual earnings per share reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

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

In total 14 analysts cover Kinder Morgan (NYSE:KMI). “Buy” rating has 10, “Sell” are 0, while 4 are “Hold”. 71% are bullish. 19 are the (NYSE:KMI)’s analyst reports since October 17, 2017 according to StockzIntelligence Inc. On Monday, October 23 Stifel Nicolaus maintained the shares of KMI in report with “Buy” rating. On Tuesday, October 17 Goldman Sachs downgraded Kinder Morgan, Inc. (NYSE:KMI) rating. Goldman Sachs has “Hold” rating and $22.0 target. On Thursday, January 18 the company was maintained by RBC Capital Markets. In Monday, January 29 report Argus Research upgraded the stock to “Buy” rating. The company rating was maintained by Mizuho on Wednesday, April 11. On Tuesday, October 17 the company was maintained by Citigroup. On Tuesday, March 27 the firm has “Buy” rating given by Citigroup. On Friday, March 2 UBS maintained Kinder Morgan, Inc. (NYSE:KMI) with “Buy” rating. The stock rating was maintained by RBC Capital Markets with “Hold” on Monday, April 9. In Wednesday, March 21 report Bank of America upgraded the stock to “Buy” rating.

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

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