Beach Investment Management Raised Its Kinder Morgan (KMI) Stake; Cousins Properties (CUZ)’s Sentiment Is 1.64

December 7, 2017 - By Dolores Ford

Beach Investment Management Llc increased Kinder Morgan Inc. (KMI) stake by 278.58% reported in 2017Q2 SEC filing. Beach Investment Management Llc acquired 101,766 shares as Kinder Morgan Inc. (KMI)’s stock declined 10.34%. The Beach Investment Management Llc holds 138,296 shares with $2.65M value, up from 36,530 last quarter. Kinder Morgan Inc. now has $38.52B valuation. The stock increased 0.80% or $0.14 during the last trading session, reaching $17.25. About 3.25 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since December 7, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.

Cousins Properties Incorporated, a real estate investment trust , owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company has market cap of $3.88 billion. The firm operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. It has a 14.82 P/E ratio. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties.

Among 22 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Kinder Morgan had 67 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was reinitiated by Piper Jaffray with “Neutral” on Friday, April 1. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. On Thursday, October 22 the stock rating was downgraded by Credit Suisse to “Neutral”. RBC Capital Markets maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Tuesday, June 27. RBC Capital Markets has “Sector Perform” rating and $22 target. RBC Capital Markets maintained the shares of KMI in report on Sunday, October 1 with “Hold” rating. The firm has “Hold” rating given on Monday, August 21 by Jefferies. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Overweight” rating given on Thursday, October 22 by Barclays Capital. The firm has “Buy” rating by Argus Research given on Tuesday, November 10. On Friday, August 14 the stock rating was downgraded by Tudor Pickering to “Buy”. As per Tuesday, July 19, the company rating was maintained by Citigroup.

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.10, from 1 in 2017Q1. It fall, as 70 investors sold KMI shares while 349 reduced holdings. 75 funds opened positions while 303 raised stakes. 1.27 billion shares or 2.36% more from 1.24 billion shares in 2017Q1 were reported. Sandy Spring National Bank & Trust stated it has 0.02% in Kinder Morgan, Inc. (NYSE:KMI). Dnb Asset As has 0% invested in Kinder Morgan, Inc. (NYSE:KMI) for 245,673 shares. Jfs Wealth Advisors Ltd Liability Corporation owns 1,223 shares. Brookstone Cap Management holds 0.02% or 10,120 shares. Starr Int Incorporated holds 198,576 shares or 0.34% of its portfolio. Amer Century Inc holds 0.03% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 1.45M shares. Lord Abbett Ltd Liability Corp owns 2.24 million shares for 0.13% of their portfolio. North Star Asset Mgmt Inc has 0.02% invested in Kinder Morgan, Inc. (NYSE:KMI). Rmb Capital Management Lc accumulated 212,605 shares. Nippon Life Insur holds 0.03% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 72,461 shares. Stearns Svcs accumulated 10,290 shares or 0.05% of the stock. Oppenheimer And Commerce reported 0.13% in Kinder Morgan, Inc. (NYSE:KMI). Aperio Grp Ltd Llc stated it has 672,451 shares or 0.08% of all its holdings. Texas Permanent School Fund holds 0.14% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 539,435 shares. The Delaware-based Ashford Capital Mgmt Incorporated has invested 0.07% in Kinder Morgan, Inc. (NYSE:KMI).

Analysts await Cousins Properties Incorporated (NYSE:CUZ) to report earnings on February, 14. They expect $0.15 earnings per share, 0.00% or $0.00 from last year’s $0.15 per share. CUZ’s profit will be $63.00 million for 15.39 P/E if the $0.15 EPS becomes a reality. After $0.15 actual earnings per share reported by Cousins Properties Incorporated for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.60% or $0.055 during the last trading session, reaching $9.235. About 270,810 shares traded. Cousins Properties Incorporated (CUZ) has risen 17.13% since December 7, 2016 and is uptrending. It has outperformed by 0.43% the S&P500.

Real Estate Management Services Llc holds 3.65% of its portfolio in Cousins Properties Incorporated for 2.10 million shares. Green Street Investors Llc owns 443,300 shares or 2.5% of their US portfolio. Moreover, Cohen & Steers Inc has 1.56% invested in the company for 66.87 million shares. The Japan-based Daiwa Securities Group Inc. has invested 1.38% in the stock. Heitman Real Estate Securities Llc, a Illinois-based fund reported 1.65 million shares.

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By1 Dolores Ford




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