From MarketBeat: 280,000 Shares in Kinder Morgan, Inc. (NYSE:KMI) Purchased by Rheos Capital Works Inc.

From MarketBeat:



Rheos Capital Works Inc. acquired 280,000 shares of Kinder Morgan, Inc. during the third quarter, valued at approximately $4,642,000. Other institutional investors and hedge funds have also made changes to their positions in the company including increases by VitalStone Financial LLC, First Capital Advisors Group LLC., Creative Financial Designs Inc. ADV, Farmers & Merchants Trust Co of Chambersburg PA, and Spotlight Asset Group Inc. Insider selling was also reported, with VP Denise R. Mathews and VP Dax Sanders both selling shares.

Wall Street analysts have weighed in on KMI, with an average rating of “Hold” and a consensus target price of $20.57. Shares of KMI traded up $0.08 during mid-day trading on Monday, hitting $17.72. The company also declared a quarterly dividend.

Kinder Morgan, Inc. is an energy infrastructure company operating in North America, and its stock is currently rated “Hold” by analysts. Insider buying and selling has been reported, and the stock is currently trading at $17.72 per share. Analysts anticipate that Kinder Morgan will post 1.1 earnings per share for the current fiscal year.



Read more: 280,000 Shares in Kinder Morgan, Inc. (NYSE:KMI) Purchased by Rheos Capital Works Inc.