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Quotient Wealth boosted its Kinder Morgan stake by 19.8% in Q2 as earnings met expectations and revenue rose 13.2%.
Quotient Wealth Partners LLC boosted its stake in Kinder Morgan (KMI) by 19.8% in Q2, now holding 12,408 shares valued at $365,000.
The company reported second-quarter earnings of $0.28 per share, in line with expectations, and revenue rose 13.2% year-over-year to $4.04 billion.
Analysts maintain a mixed outlook, with a consensus "Moderate Buy" rating and a target price of $31.13.
Jefferies initiated coverage with a "Hold" rating, citing strong infrastructure and growing demand for U.S. natural gas and LNG exports.
The stock opened at $27.39, with a 12-month range of $23.94 to $31.48.
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Quotient Wealth aumentó su participación en Kinder Morgan en un 19.8% en el segundo trimestre, ya que las ganancias cumplieron con las expectativas y los ingresos aumentaron un 13.2%.