Macquarie Infra Membership Int (MIC) Stock Declined While Moab Capital Partners Increased Stake by $16.62 Million; Kinder Morgan Del (KMI) Holder Rare Infrastructure LTD Has Decreased Stake as Market Value Declined

May 21, 2018 - By Louis Casey

Kinder Morgan, Inc. (NYSE:KMI) Logo

Michael M. Rothenberg increased its stake in Macquarie Infra Corp Llc Membership Int (MIC) by 58.66% based on its latest 2017Q4 regulatory filing with the SEC. Moab Capital Partners Llc bought 259,629 shares as the company’s stock declined 42.74% with the market. The hedge fund run by Michael M. Rothenberg held 702,199 shares of the oil refining and marketing company at the end of 2017Q4, valued at $45.08 million, up from 442,570 at the end of the previous reported quarter. Moab Capital Partners Llc who had been investing in Macquarie Infra Corp Llc Membership Int for a number of months, seems to be bullish on the $3.15 billion market cap company. The stock decreased 0.64% or $0.24 during the last trading session, reaching $37.02. About 1.87 million shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has declined 54.12% since May 21, 2017 and is downtrending. It has underperformed by 65.67% the S&P500.




Rare Infrastructure Ltd decreased its stake in Kinder Morgan Inc Del (KMI) by 32.2% based on its latest 2017Q4 regulatory filing with the SEC. Rare Infrastructure Ltd sold 2.31 million shares as the company’s stock declined 16.40% with the market. The institutional investor held 4.86M shares of the public utilities company at the end of 2017Q4, valued at $87.74 million, down from 7.16 million at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $35.45B market cap company. The stock decreased 1.41% or $0.23 during the last trading session, reaching $16.07. About 12.33M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since May 21, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Seekingalpha.com which released: “Kinder Morgan: Too Cheap To Ignore” on April 26, 2018, also Fool.com with their article: “3 Embarrassingly Cheap Dividend Stocks” published on May 21, 2018, Seekingalpha.com published: “Kinder Morgan: Holding Pattern” on April 22, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan: Is The Worst Behind Us?” published on April 22, 2018 as well as Seekingalpha.com‘s news article titled: “Oil companies face increasing investor pressure on climate change action” with publication date: May 18, 2018.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 earnings per share, up 35.71% or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16M for 21.14 P/E if the $0.19 EPS becomes a reality. After $0.22 actual earnings per share reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64% negative EPS growth.

Investors sentiment decreased to 0.7 in Q4 2017. 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. 103,946 were reported by Gateway Inv Advisers Ltd Liability Corporation. Brown Brothers Harriman & has 0% invested in Kinder Morgan, Inc. (NYSE:KMI). Barclays Public Ltd has invested 0.04% in Kinder Morgan, Inc. (NYSE:KMI). 30,117 are held by Valley National Advisers. Eagle Glob Advsrs Ltd has 5.89M shares for 3.33% of their portfolio. Cohen And Steers Incorporated has 0.51% invested in Kinder Morgan, Inc. (NYSE:KMI). Alps Advsrs Inc reported 391,725 shares. Mutual Of America Capital Mgmt Limited Liability Company accumulated 238,523 shares or 0.07% of the stock. First Quadrant Ltd Partnership Ca reported 11,076 shares or 0% of all its holdings. Hbk Investments LP reported 0.07% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Apg Asset Mngmt Nv accumulated 3.82 million shares or 0.11% of the stock. Fort Washington Invest Advisors Oh accumulated 17,000 shares. 11,121 were reported by Amer Money Ltd Limited Liability Company. Balyasny Asset Mgmt Limited Liability has 18,317 shares for 0% of their portfolio. Lombard Odier Asset Mgmt (Usa) Corp has invested 0.05% in Kinder Morgan, Inc. (NYSE:KMI).

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 85 analyst reports since July 30, 2015 according to SRatingsIntel. Jefferies maintained Kinder Morgan, Inc. (NYSE:KMI) on Monday, October 16 with “Hold” rating. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Overweight” rating given on Monday, February 12 by JP Morgan. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Hold” rating by Argus Research on Thursday, December 3. Macquarie Research initiated the stock with “Neutral” rating in Friday, April 21 report. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Buy” rating by Stifel Nicolaus on Monday, October 23. The firm earned “Buy” rating on Wednesday, March 21 by Bank of America. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Outperform” rating by RBC Capital Markets on Thursday, October 22. Wells Fargo downgraded Kinder Morgan, Inc. (NYSE:KMI) rating on Thursday, January 11. Wells Fargo has “Hold” rating and $21.0 target. RBC Capital Markets maintained Kinder Morgan, Inc. (NYSE:KMI) on Thursday, January 18 with “Hold” rating. The rating was upgraded by Stifel Nicolaus on Thursday, January 28 to “Buy”.

Rare Infrastructure Ltd, which manages about $1.26B US Long portfolio, upped its stake in Pattern Energy Group Inc (NASDAQ:PEGI) by 2.30M shares to 4.13M shares, valued at $88.85M in 2017Q4, according to the filing. It also increased its holding in Cheniere Energy Inc (NYSEMKT:LNG) by 450,393 shares in the quarter, for a total of 2.15M shares, and has risen its stake in Nextera Energy Partners Lp (NYSE:NEP).

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.22, from 1.46 in 2017Q3. It is negative, as 40 investors sold MIC shares while 103 reduced holdings. 53 funds opened positions while 125 raised stakes. 64.11 million shares or 1.58% more from 63.11 million shares in 2017Q3 were reported. First Washington owns 115,730 shares or 3.49% of their US portfolio. Eagle Asset Mngmt reported 37,500 shares. Sumitomo Mitsui Tru holds 0.02% or 227,454 shares. Daiwa Group invested in 0% or 2,450 shares. A D Beadell Investment Counsel reported 9,475 shares or 0.5% of all its holdings. Gratia Ltd Liability Corporation invested in 21,085 shares. Sheets Smith Wealth Mngmt holds 0.06% in Macquarie Infrastructure Corporation (NYSE:MIC) or 4,080 shares. State Board Of Administration Of Florida Retirement System invested in 0.02% or 104,005 shares. Guernsey-based Bluecrest Cap Mngmt has invested 0.01% in Macquarie Infrastructure Corporation (NYSE:MIC). The Pennsylvania-based Sei Investments has invested 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC). Riverpark Advsrs Ltd Liability Corporation has 0.34% invested in Macquarie Infrastructure Corporation (NYSE:MIC). Keybank Association Oh, Ohio-based fund reported 3,124 shares. Dubuque Bank Tru has invested 0% in Macquarie Infrastructure Corporation (NYSE:MIC). Westfield Cap Limited Partnership invested in 0.31% or 629,778 shares. Walter & Keenan Fin Consulting Company Mi Adv invested in 6,700 shares.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Positions Chart

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