Kinder Morgan Inc (KMI) Shares Sold by Gamble Jones Investment Counsel

Lloyd Doyle
September 21, 2017

KMI is down around 7.79% from its 12-month high of $18.23 notched on Aug 18, 2017 but is -18.16% above its highest point the past 12 months of $23.36 a share. About 524,423 shares traded. Intrexon Corp (NYSE:XON) has declined 10.60% since September 20, 2016 and is downtrending.

Archford Capital Strategies Llc decreased Kinder Morgan Inc Del Com (KMI) stake by 88.63% reported in 2017Q2 SEC filing. For the quarter, shares have been noted at 16.61%. Parsec Financial Management Inc. now owns 805,460 shares of the pipeline company's stock valued at $17,511,000 after buying an additional 24,745 shares in the last quarter. Raymond James Financial, reiterated a "buy" recommendation on stocks of Kinder Morgan in a study report on early Wed, May 31st. The stock increased 1.10% or $0.22 on September 20, reaching $19.77. (NYSE KMI) traded down 2.53% during trading on Thursday, hitting $19.27.

Avenir Corp increased its stake in Kinder Morgan Inc (KMI) by 14.86% based on its latest 2017Q2 regulatory filing with the SEC. It has underperformed by 3.61% the S&P500.The move comes after 6 months negative chart setup for the $43.03 billion company. (NYSE:ALK) for 34,151 shares. 92,259 are owned by Glg Limited Liability Corp. Facebook Inc (NASDAQ:FB) was reduced too.

Since May 8, 2017, it had 0 insider purchases, and 1 sale for $24.08 million activity. (NYSE:KMI) might see strength given an ABR of 2 or Buy rating. Therefore 46% are positive. Finally, Mizuho initiated coverage on shares of Kinder Morgan in a report on Thursday, July 27th. FBR Capital has "Mkt Perform" rating and $86 target.

Kinder Morgan announced that its board has authorized a stock repurchase program on Wednesday, July 19th that authorizes the company to buyback $2.00 billion in shares. The stock of Kinder Morgan Inc (NYSE:KMI) earned "Neutral" rating by Macquarie Research on Friday, April 21. They now have a United States dollars 23 price target on the stock. The firm earned "Buy" rating on Monday, September 11 by BMO Capital Markets. Kinder Morgan's revenue for the quarter was up 7.1% compared to the same quarter a year ago. Teachers Ins And Annuity Association Of America reported 111,800 shares. Invesco reported 0.01% in Kinder Morgan Inc (NYSE:KMI).


Beta values for the above stocks are 0.64, 1.66, 0.63. Ronna Sue Cohen invested in 44,949 shares or 0.72% of the stock. 106 funds opened positions while 309 raised stakes. Sentry Corp stated it has 646,147 shares or 0.09% of all its holdings. Miles Cap invested in 0.63% or 60,750 shares. City has invested 0.02% in Prudential Financial Inc (NYSE:PRU). Moreover, Leavell Investment has 0.44% invested in U.S. Bancorp (NYSE:USB). Capital Ca holds 0.05% or 17,380 shares. Dimensional Fund Advisors has an ownership of 9,683,643 stocks of the pipeline firms shares valued at $210,507,000 following acquiring an extra 3,483,039 shares through out the previous quarter, TIAA CREF Investment Management boosted its stake in Kinder Morgan by 49.5% during the Q1. Manufacturers Life Ins Communication The has invested 0% in Intrexon Corp (NYSE:XON). Wagner Bowman Mgmt has 11,079 shares. Envestnet Asset Incorporated holds 0.02% or 366,318 shares in its portfolio. (KMI) has made a move of +5.22% over the past month, which has come on Strong relative transaction volume.

Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.10, from 1 in 2017Q1. It worsened, as 70 investors sold KMI shares while 349 reduced holdings. 75 funds opened positions while 303 raised stakes. 215,054 were reported by Qs Invsts Ltd Llc. Spot Trading Ltd Liability holds 212,442 shares. Argus Research maintained Kinder Morgan Inc (NYSE:KMI) on Tuesday, November 10 with "Buy" rating. Starr Company Inc reported 198,576 shares stake. The stock rose 0.31% or $0.15 reaching $48.95. Cornerstone Holdg Ltd Com accumulated 403,766 shares. Intact Investment Mgmt Inc has invested 0.01% in Kinder Morgan Inc (NYSE:KMI). Quantbot Tech Limited Partnership stated it has 194,736 shares or 0.35% of all its holdings. Bender Robert & Associate has invested 0.68% in Kinder Morgan Inc (NYSE:KMI). Management has 0.01% invested in U.S. Bancorp (NYSE:USB) for 404 shares. Waverton Mngmt Limited reported 22,570 shares stake. Texas-based Next Fincl Grp Inc has invested 0% in Alaska Air Group, Inc.

Covering sell-side analysts have recently weighed in on shares of Kinder Morgan, Inc. Therefore 62% are positive. Armstrong World Industries had 23 analyst reports since July 31, 2015 according to SRatingsIntel. Kinder Morgan, Inc. (NYSE:KMI) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges.

Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on BCE Inc. RBC Capital Markets maintained Kinder Morgan Inc (NYSE:KMI) rating on Friday, January 29. The rating was maintained by RBC Capital Markets on Thursday, October 22 with "Outperform". Six investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. The hedge fund run by Eric Mindich held 2.31 million shares of the plastic products company at the end of 2016Q4, valued at $96.71M, down from 3.67 million at the end of the previous reported quarter. The typical day in the last one month has seen about a 1.42% volatility. Barclays Capital maintained it with "Overweight" rating and $36 target in Thursday, October 22 report.

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