The most recent statement that WealthTrust Axiom LLC submitted to the Securities and Exchange Commission (SEC) indicates that during the third quarter of 2018, the company increased the percentage of shares of Kinder Morgan, Inc. (NYSE: KMI) that it owned by 2.0%. (SEC). As a result of the company’s purchase of an additional 10,308 shares of stock in the pipeline company during the quarter, the total number of shares in the company’s pipeline company is now 525,751. Kinder Morgan is the third-largest holding in the investment portfolio managed by WealthTrust Axiom LLC. The portfolio has a 3.3% interest in the company, making it the third-largest holding. At the end of the most recent financial quarter, the investment value in Kinder Morgan that WealthTrust Axiom LLC had made was estimated to be $8,748,000.
In the most recent few months, various other institutional investors and hedge funds have modified the total number of KMI shares they are current shareholders of. Householder Group Estate & Retirement Specialist LLC increased its stake in Kinder Morgan during the third quarter by purchasing additional shares for approximately $26,000. This was done to maintain its current level of ownership in the company. During the second quarter, LS Investment Advisors LLC increased the size of its portfolio by investing approximately $28,000 in the acquisition of new shares of Kinder Morgan. EdgeRock Capital LLC increased its holdings during the third quarter by investing approximately $29,000 in purchasing a single additional share of Kinder Morgan. Tilia Fiduciary Partners Inc. increased the proportion of its holdings in Kinder Morgan, which is owned by 644.5% during the year’s second quarter. Following the purchase of an additional 1,650 shares during the most recent fiscal quarter, Tilia Fiduciary Partners Inc. now has a total of 1,906 shares of stock in its pipeline firm. These shares have a value of $32,000 thanks to the fact that they were added to the company’s holdings. And finally, during the second quarter, Clearstead Advisors LLC made a forty-seven point seven percent increase in the amount of Kinder Morgan stock it owns. After making an additional purchase of 594 shares during the most recent quarter, Clearstead Advisors LLC now has 2,054 shares of stock in the pipeline company in its possession. The total value of the company’s stock holdings, as measured by their current market price, equals $34,000. Institutional investors and hedge funds own 60.48 percent of the company’s shares, making up most of the total shareholder base.
Recently, a variety of different brokerage houses have shown interest in KMI due to its strong performance. Wells Fargo & Company categorized the company as “equal weight” and lowered their price objective on Kinder Morgan from $20.00 to $18.00 in a report made public on Tuesday, October 25. The Kinder Morgan story was first published on StockNews.com on October 12, marking the day it was first covered. They advised their clients to “hold” the stock moving forward. Barclays rated the stock as “equal weight” and decreased their price objective on Kinder Morgan from $21.00 to $20.00 in a research report published on Wednesday, October 19. Barclays also lowered their price target for the stock. Before this adjustment, the price target was $21.00. The price target that Morgan Stanley has set for Kinder Morgan has increased from twenty dollars to twenty-one dollars, as stated in a research report that was made public on Monday, January 9. The rating for the company at the firm is still considered “underweight.” Citigroup, at long last, started reporting on Kinder Morgan’s activities on December 8, three weeks after they initially promised to do so. They gave the stock a ” neutral ” rating and predicted that the price would rise to $19.00 over the following month. Two research analysts have