Kinder Morgan In (KMI) Holding Raised by Viking Fund Management Llc

April 17, 2018 - By Marry Poplack

Kinder Morgan, Inc. (NYSE:KMI) LogoInvestors sentiment decreased to 0.7 in Q4 2017. Its down 0.07, from 0.77 in 2017Q3. It worsened, 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. Commonwealth Fincl Bank Of holds 5.05% in Kinder Morgan, Inc. (NYSE:KMI) or 28.52M shares. Washington Bancshares invested in 0.43% or 161,990 shares. Louisiana State Employees Retirement invested in 0.1% or 116,300 shares. Hall Laurie J Trustee holds 833 shares. Mngmt Of Virginia Ltd Com invested 0.15% in Kinder Morgan, Inc. (NYSE:KMI). Timber Hill Ltd Liability reported 0.16% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Horrell Cap Mngmt holds 0% in Kinder Morgan, Inc. (NYSE:KMI) or 50 shares. Spectrum Mngmt Group Incorporated holds 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 438 shares. Hilton Mngmt Ltd Limited Liability Company reported 10,765 shares. Robertson Opportunity Cap Lc accumulated 1.87% or 176,000 shares. Tctc invested 0.02% in Kinder Morgan, Inc. (NYSE:KMI). Griffin Asset Mngmt holds 0.12% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 38,094 shares. Moors And Cabot Inc has 117,455 shares. 15,763 were accumulated by Welch Grp Limited Com. State Of New Jersey Common Pension Fund D reported 4.50 million shares or 0.31% of all its holdings.

Viking Fund Management Llc increased its stake in Kinder Morgan In (KMI) by 74.66% based on its latest 2017Q4 regulatory filing with the SEC. Viking Fund Management Llc bought 412,500 shares as the company’s stock declined 16.40% with the market. The institutional investor held 965,000 shares of the public utilities company at the end of 2017Q4, valued at $17.44 million, up from 552,500 at the end of the previous reported quarter. Viking Fund Management Llc who had been investing in Kinder Morgan In for a number of months, seems to be bullish on the $35.13B market cap company. The stock increased 1.56% or $0.24 during the last trading session, reaching $15.93. About 6.38M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since April 17, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Viking Fund Management Llc, which manages about $1.05B and $612.38M US Long portfolio, decreased its stake in Halliburton Co (NYSE:HAL) by 110,000 shares to 410,000 shares, valued at $20.04M in 2017Q4, according to the filing. It also reduced its holding in Parsley Energy (NYSE:PE) by 125,000 shares in the quarter, leaving it with 655,000 shares, and cut its stake in Valero Energy (NYSE:VLO).

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

Among 13 analysts covering Kinder Morgan (NYSE:KMI), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Kinder Morgan had 17 analyst reports since October 19, 2017 according to SRatingsIntel. On Friday, November 17 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was upgraded on Tuesday, March 27 by Citigroup. The firm has “Hold” rating by RBC Capital Markets given on Thursday, January 18. UBS maintained it with “Buy” rating and $26 target in Friday, March 2 report. As per Monday, February 12, the company rating was maintained by JP Morgan. The company was maintained on Thursday, January 25 by Mizuho. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 9 report. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Buy” rating given on Wednesday, March 21 by Bank of America. The rating was maintained by Stifel Nicolaus on Monday, October 23 with “Buy”. Jefferies maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Monday, April 16. Jefferies has “Hold” rating and $1600 target.

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

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