Snow Capital Management LP Cut Its Holding in Kinder Morgan Inc/De (KMI) as Market Value Rose; As Jpmorgan Chase & Co. (JPM) Valuation Rose, Stoneridge Investment Partners Has Trimmed Stake

Kinder Morgan, Inc. (NYSE:KMI) Logo

Snow Capital Management Lp decreased its stake in Kinder Morgan Inc/De (KMI) by 42.76% based on its latest 2019Q2 regulatory filing with the SEC. Snow Capital Management Lp sold 87,930 shares as the company’s stock rose 5.26% . The institutional investor held 117,714 shares of the public utilities company at the end of 2019Q2, valued at $2.46 million, down from 205,644 at the end of the previous reported quarter. Snow Capital Management Lp who had been investing in Kinder Morgan Inc/De for a number of months, seems to be less bullish one the $43.54 billion market cap company. The stock increased 0.39% or $0.08 during the last trading session, reaching $19.23. About 8.00 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has risen 16.17% since December 4, 2018 and is uptrending. It has outperformed by 16.17% the S&P500. Some Historical KMI News: 06/03/2018 MORNEAU SAYS KINDER MORGAN PIPELINE MAKES SENSE FOR CANADA; 18/04/2018 – Support grows in Canada for expansion of Kinder Morgan oil pipeline -poll; 16/05/2018 – KINDER MORGAN CANADA LIMITED REPORTS VOTING RESULTS FROM 2018 ANNUAL MEETING OF SHAREHOLDERS; 18/04/2018 – Kinder Morgan 1Q Rev $3.42B; 12/04/2018 – The Vancouver Sun: BREAKING: PM Justin Trudeau to meet with B.C. Premier John Horgan and Alberta Premier Rachel Notley Sunday; 13/04/2018 – B.C. PREMIER SAYS BELIEVES PROVINCE HAS JURISDICTION ON KINDER MORGAN PIPELINE MATTER, ISSUE SHOULD BE DECIDED IN COURT; 29/05/2018 – Trans Mountain Pipeline System and Expansion Project to Be Sold for C$4.5 Billion; 09/04/2018 – CANADA’S PM SAYS HAD GOOD CONVERSATIONS ON SUNDAY NIGHT WITH PREMIERS OF ALBERTA AND BRITISH COLUMBIA, GIVES NO DETAILS; 29/05/2018 – KINDER MORGAN CANADA CEO SAYS INTERESTED IN ACQUIRING CANADA MIDSTREAM ASSETS THAT FIT; 28/05/2018 – CANADA LIKELY TO BUY KINDER MORGAN CANADA TRANS MOUNTAIN OIL PIPELINE AND ITS EXPANSION PROJECT IN BID TO ENSURE IT IS BUILT- BLOOMBERG, CITING

Stoneridge Investment Partners Llc decreased its stake in Jpmorgan Chase & Co. (JPM) by 16.06% based on its latest 2019Q2 regulatory filing with the SEC. Stoneridge Investment Partners Llc sold 14,390 shares as the company’s stock rose 0.73% . The institutional investor held 75,193 shares of the major banks company at the end of 2019Q2, valued at $8.41 million, down from 89,583 at the end of the previous reported quarter. Stoneridge Investment Partners Llc who had been investing in Jpmorgan Chase & Co. for a number of months, seems to be less bullish one the $414.36B market cap company. The stock increased 1.80% or $2.33 during the last trading session, reaching $132.11. About 7.04 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 0.63% since December 4, 2018 and is downtrending. It has underperformed by 0.63% the S&P500. Some Historical JPM News: 13/04/2018 – JPMorgan profit just below estimates on weak investment banking; 10/04/2018 – ACCESSFINTECH SAYS JPMORGAN CHASE & CO HAS BECOME AN INVESTOR IN ITS SERIES A ROUND INVESTMENT, FINANCIAL TERMS OF WHICH WERE NOT DISCLOSED; 29/05/2018 – CENTERPOINT ENERGY SAYS CO, JPMORGAN CHASE BANK, OTHERS ENTERED AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT – SEC FILING; 26/04/2018 – KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC KNX.N : JP MORGAN RAISES TARGET PRICE TO $53 FROM $52; 02/04/2018 – JPMorgan Chase First-Quarter 2018 Earnings; 06/04/2018 – JPMORGAN ASSET MGMT RAISES BAM SHORT POSITION TO 1.04%: AFM; 20/04/2018 – JPMORGAN ANALYST JAMIE BAKER COMMENTS ON FARES IN REPORT TODAY; 17/05/2018 – JPMORGAN’S LEMER TO TAKE OVER COVERAGE OF SOME ENERGY ACCOUNTS; 15/05/2018 – Corning Presenting at JPMorgan Conference Tomorrow; 22/03/2018 – CNBC Wires: JPMorgan mulls spin-off of blockchain project Quorum

Investors sentiment decreased to 1.2 in Q2 2019. Its down 0.08, from 1.28 in 2019Q1. It worsened, as 42 investors sold KMI shares while 278 reduced holdings. 91 funds opened positions while 294 raised stakes. 1.34 billion shares or 1.57% less from 1.36 billion shares in 2019Q1 were reported. Caisse De Depot Et Placement Du Quebec reported 0.02% stake. B Riley Wealth Mngmt Incorporated reported 16,492 shares or 0.05% of all its holdings. 59,883 are owned by First Foundation Advisors. Putnam Fl Inv Management invested 0.02% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Endurance Wealth Mngmt holds 4.95% or 1.51M shares. 1,645 were accumulated by Cordasco Fincl Net. Parallax Volatility Advisers Lp reported 7,609 shares. Beck Mack Oliver Ltd Liability Corp invested in 98,154 shares or 0.07% of the stock. Putnam Invests Limited Company reported 8.34M shares. State Board Of Administration Of Florida Retirement Sys invested in 0.15% or 2.72 million shares. Bessemer Grp Inc Inc accumulated 0.03% or 392,808 shares. Vanguard Grp holds 0.13% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 163.65M shares. Pro invested 0% in Kinder Morgan, Inc. (NYSE:KMI). Capital Invsts has invested 0.03% in Kinder Morgan, Inc. (NYSE:KMI). Mcgowan Gp Asset Mngmt has 1.42% invested in Kinder Morgan, Inc. (NYSE:KMI) for 432,951 shares.

Snow Capital Management Lp, which manages about $3.43B and $1.52 billion US Long portfolio, upped its stake in Commercial Metals Co (NYSE:CMC) by 755,812 shares to 2.05 million shares, valued at $36.57 million in 2019Q2, according to the filing. It also increased its holding in Target Corp (NYSE:TGT) by 6,759 shares in the quarter, for a total of 80,155 shares, and has risen its stake in Marathon Petroleum Corp (NYSE:MPC).

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Finance.Yahoo.com which released: “Do These 3 Checks Before Buying Kinder Morgan, Inc. (NYSE:KMI) For Its Upcoming Dividend – Yahoo Finance” on July 25, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been Less Bullish On Kinder Morgan Inc (KMI) – Yahoo Finance” published on December 03, 2019, Fool.com published: “Better Buy: Chevron vs. Pembina Pipeline – Motley Fool” on November 25, 2019. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Fool.com and their article: “This Stock May Be a Dividend Investor’s Dream Come True – The Motley Fool” published on November 23, 2019 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan: Safer Than Most – Seeking Alpha” with publication date: November 11, 2019.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on January, 15. They expect $0.26 EPS, up 4.00% or $0.01 from last year’s $0.25 per share. KMI’s profit will be $588.74M for 18.49 P/E if the $0.26 EPS becomes a reality. After $0.22 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Prnewswire.com which released: “JP Morgan Releases 2020 Long-Term Capital Market Assumptions, Analysis Reveals Need For New Portfolio Construction Tactics in Low-Rate World – PRNewswire” on November 06, 2019, also Seekingalpha.com with their article: “TimkenSteel cut to Sell equivalent at J.P. Morgan – Seeking Alpha” published on November 11, 2019, Finance.Yahoo.com published: “Why JPMorgan Chase & Co. (NYSE:JPM) Is A Dividend Rockstar – Yahoo Finance” on August 31, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Investorideas.com and their article: “CryptoCorner: JPMorgan (NYSE: $JPM) Files Patent for Blockchain Auto Inventory Solution, Mining Manufacturer Canaan Listed on Nasdaq (NasdaqGM: $CAN) – InvestorIdeas.com” published on November 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Are Still Absolutely Crazy About JPMorgan Chase & Co. (JPM) – Yahoo Finance” with publication date: November 28, 2019.

Stoneridge Investment Partners Llc, which manages about $1.01 billion and $281.62 million US Long portfolio, upped its stake in Ralph Lauren Corp (NYSE:RL) by 6,807 shares to 9,357 shares, valued at $1.06 million in 2019Q2, according to the filing. It also increased its holding in Cisco Systems Inc (NASDAQ:CSCO) by 17,741 shares in the quarter, for a total of 34,073 shares, and has risen its stake in Occidental Petroleum Corp (NYSE:OXY).

Since August 8, 2019, it had 2 buys, and 0 selling transactions for $3.99 million activity.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 14 before the open. They expect $2.26 EPS, up 14.14% or $0.28 from last year’s $1.98 per share. JPM’s profit will be $7.09B for 14.61 P/E if the $2.26 EPS becomes a reality. After $2.68 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -15.67% negative EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.