Tph Asset Management LLC Has Decreased Holding in Kinder Morgan INC Del (KMI) by $6.92 Million as Share Price Declined

April 26, 2018 - By Vivian Park

Kinder Morgan, Inc. (NYSE:KMI) LogoInvestors sentiment decreased to 0.7 in 2017 Q4. Its down 0.07, from 0.77 in 2017Q3. It dropped, as 75 investors sold KMI shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported. Central Natl Bank Trust Com reported 413 shares stake. Personal Advsrs owns 0.4% invested in Kinder Morgan, Inc. (NYSE:KMI) for 1.29M shares. Proshare Advsr Limited Liability Com reported 0.05% stake. Pennsylvania Trust accumulated 22,680 shares. Wisconsin-based Winch Advisory Service Lc has invested 0% in Kinder Morgan, Inc. (NYSE:KMI). Indexiq Lc reported 9,453 shares. Consolidated Invest Grp Limited Co reported 76,255 shares. Timber Hill Ltd Liability holds 0.16% or 133,217 shares in its portfolio. Paloma Prtnrs Management holds 330,553 shares. 192,081 are owned by Yorkville Capital Management Lc. Cleararc Cap Inc reported 48,880 shares. Sumitomo Mitsui Trust Incorporated accumulated 0.13% or 5.69M shares. 908,900 are held by Guardian Trust. Meiji Yasuda Life Ins holds 0.07% or 29,400 shares. Clearbridge Invs Limited Co reported 0.21% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI).

Tph Asset Management Llc decreased its stake in Kinder Morgan Inc Del (KMI) by 23.42% based on its latest 2017Q4 regulatory filing with the SEC. Tph Asset Management Llc sold 384,412 shares as the company’s stock declined 16.40% with the market. The hedge fund held 1.26M shares of the public utilities company at the end of 2017Q4, valued at $22.71 million, down from 1.64 million at the end of the previous reported quarter. Tph Asset Management Llc who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $35.55 billion market cap company. The stock decreased 0.89% or $0.15 during the last trading session, reaching $16.11. About 4.74 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since April 26, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Tph Asset Management Llc, which manages about $865.56 million and $1.01B US Long portfolio, upped its stake in Oasis Midstream Partners Lp by 284,547 shares to 723,118 shares, valued at $12.61 million in 2017Q4, according to the filing. It also increased its holding in Eog Res Inc (NYSE:EOG) by 87,343 shares in the quarter, for a total of 435,995 shares, and has risen its stake in Plains All Amern Pipeline L (NYSE:PAA).

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

Among 14 analysts covering Kinder Morgan (NYSE:KMI), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Kinder Morgan has $26 highest and $1600 lowest target. $20.83’s average target is 29.30% above currents $16.11 stock price. Kinder Morgan had 18 analyst reports since November 17, 2017 according to SRatingsIntel. Barclays Capital maintained the shares of KMI in report on Tuesday, April 17 with “Overweight” rating. On Monday, February 12 the stock rating was maintained by JP Morgan with “Overweight”. As per Tuesday, March 27, the company rating was upgraded by Citigroup. SunTrust maintained it with “Buy” rating and $2100 target in Wednesday, April 18 report. Mizuho maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Wednesday, April 11. Mizuho has “Hold” rating and $1900 target. The firm has “Hold” rating by Jefferies given on Monday, April 16. The rating was upgraded by Argus Research to “Buy” on Monday, January 29. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 9 report. Wells Fargo downgraded the shares of KMI in report on Thursday, January 11 to “Hold” rating. The firm earned “Hold” rating on Thursday, January 18 by RBC Capital Markets.

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

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