This afternoon we watched Kinder Morgan rise 1.1% to a price of $17.07 per share. The large-cap Oil & Gas Transportation and Processing company is now trading -16.22% below its average target price of $20.38. Analysts have set target prices ranging from $18.0 to $24.0 per share for Kinder Morgan, and have given the stock an average rating of hold.
The stock has an average amount of shares sold short at 2.1%, and a short ratio of 3.05. The company's insiders own 12.66% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 64.3% of Kinder Morgan's shares being owned by this investor type.
Institutions Invested in Kinder Morgan
|2023-03-31||Vanguard Group, Inc. (The)||8%||174,361,460||$2,977,222,062|
|2023-03-31||State Street Corporation||6%||137,873,544||$2,354,190,868|
|2023-03-31||Bank of America Corporation||3%||62,349,245||$1,064,613,405|
|2023-03-31||Geode Capital Management, LLC||2%||37,254,585||$636,122,067|
|2023-03-31||Price (T.Rowe) Associates Inc||2%||36,729,560||$627,157,265|
|2023-03-31||JP Morgan Chase & Company||1%||29,798,897||$508,816,189|
|2023-03-31||Charles Schwab Investment Management, Inc.||1%||29,548,563||$504,541,735|
|2023-03-31||Orbis Allan Gray Ltd||1%||26,311,549||$449,269,719|
|2023-03-31||Northern Trust Corporation||1%||23,047,047||$393,528,345|
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Kinder Morgan.