The Insider, Min Kao Sold 100,021 Shares of Garmin Ltd. (GRMN); Kayne Anderson Capital Advisors LP Lifted Kinder Morgan Del (KMI) Stake By $7.50 Million

Garmin Ltd. (NASDAQ:GRMN) Logo

Kayne Anderson Capital Advisors Lp increased Kinder Morgan Inc Del (KMI) stake by 5.2% reported in 2018Q1 SEC filing. Kayne Anderson Capital Advisors Lp acquired 499,686 shares as Kinder Morgan Inc Del (KMI)’s stock declined 6.09%. The Kayne Anderson Capital Advisors Lp holds 10.10 million shares with $152.16 million value, up from 9.60M last quarter. Kinder Morgan Inc Del now has $38.58 billion valuation. The stock increased 0.81% or $0.14 during the last trading session, reaching $17.49. About 13.13M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 18.18% since June 21, 2017 and is downtrending. It has underperformed by 30.75% the S&P500. Some Historical KMI News: ; 11/04/2018 – CANADA FINANCE MINISTER SAYS WORKING TO MAKE SURE ‘IN SHORT ORDER’ THAT THE KINDER MORGAN PIPELINE EXPANSION GOES AHEAD; 29/05/2018 – Kinder Morgan Canada Will Continue to Manage a Portfolio of Strategic Infrastructure Across Western Canada; 15/04/2018 – Canada will talk to pipeline firm about aid to solve crisis -PM; 18/04/2018 – KINDER MORGAN CEO STEVE KEAN SPEAKS ON EARNINGS CALL; 16/05/2018 – KINDER MORGAN CANADA SAYS TALKS ARE ONGOING ON TRANS MOUNTAIN; 24/05/2018 – David Akin : BREAKING: City of Vancouver’s bid to have a judicial review of BC’s issuance of environmental; 18/04/2018 – Kinder Morgan Increases Dividend By 60 Percent; 18/04/2018 – Kinder Morgan: Dividend Increase Is Consistent With Plan Announced During Summer 2017; 10/04/2018 – KINDER MORGAN PIPELINE ISSUE SHOULD BE SETTLED IN COURTS:HORGAN; 29/05/2018 – CANADIAN GOVT SAYS DEAL INCLUDES RELATED PIPELINE AND TERMINAL ASSETS

The stock increased 0.84% or $0.51 during the last trading session, reaching $61.44. About 756,361 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 16.28% since June 21, 2017 and is uptrending. It has outperformed by 3.71% the S&P500. Some Historical GRMN News: ; 26/04/2018 – Garmin® unveils the Approach® Z80, an innovative golf laser range finder with integrated GPS and preloaded course map overlays; 02/05/2018 – GARMIN RMAINTAINS 2018 FORECAST FOR REVENUE, PRO FORMA EPS; 13/03/2018 – Nordea: Nordea rolls out payment solution for Fitbit, Garmin smartwatches; 06/03/2018 – GARMIN INTERNATIONAL- EXPANDED CONNEXT ECOSYSTEM NOW INCLUDES FLTPLAN.COM WEBSITE, FLTPLAN GO APP ON APPLE AND ANDROID MOBILE DEVICES; 02/05/2018 – GARMIN SEES FY ADJ EPS $3.05, EST. $3.08; 02/05/2018 – Garmin Backs FY18 Rev $3.2B; 02/05/2018 – Garmin Closes Above 50-Day Moving Average: Technicals; 08/03/2018 – Honda Aircraft Company Expands HondaJet Sales To India; 02/05/2018 – GARMIN 1Q ADJ EPS 68C, EST. 56C; 02/05/2018 – GARMIN 1Q REV. $711M, EST. $669.0M

More news for Garmin Ltd. (NASDAQ:GRMN) were recently published by: Fool.com, which released: “3 Terrible Stocks for Retirees” on June 17, 2018. Investingnews.com‘s article titled: “Westpac and FitPay Extend Contactless Payments to More Devices” and published on June 20, 2018 is yet another important article.

Since February 15, 2018, it had 0 buys, and 20 selling transactions for $194.64 million activity. PEMBLE CLIFTON A sold $2.35M worth of stock or 36,208 shares. KAO MIN H had sold 450,000 shares worth $26.87M on Friday, May 4. $92,397 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by Bartel Danny J. Huang Pao-Chang sold 4,800 shares worth $289,776. Peffer Charles had sold 9,905 shares worth $599,708. $116,917 worth of stock was sold by ETKIND ANDREW R on Friday, February 23. ELLER DONALD sold $232,944 worth of stock or 3,924 shares.

Garmin Ltd., together with its subsidiaries, designs, develops, makes, markets, and distributes a range of navigation, communication, and information devices worldwide. The company has market cap of $11.58 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 19.83 P/E ratio. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names.

Among 16 analysts covering Garmin Ltd. (NASDAQ:GRMN), 3 have Buy rating, 4 Sell and 9 Hold. Therefore 19% are positive. Garmin Ltd. has $60 highest and $12 lowest target. $42.22’s average target is -31.28% below currents $61.44 stock price. Garmin Ltd. had 33 analyst reports since July 30, 2015 according to SRatingsIntel. Sterne Agee CRT initiated the stock with “Neutral” rating in Tuesday, September 29 report. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Neutral” rating by Dougherty & Company on Thursday, October 15. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, November 2 report. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underweight” rating given on Thursday, February 18 by JP Morgan. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underperform” rating given on Friday, January 15 by Credit Suisse. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Neutral” rating given on Friday, September 11 by DA Davidson. The company was downgraded on Monday, August 22 by Raymond James. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Outperform” rating given on Thursday, October 15 by RBC Capital Markets. On Monday, January 18 the stock rating was downgraded by Credit Suisse to “Underperform”. The firm earned “Sell” rating on Tuesday, December 12 by Credit Suisse.

Min Kao, Executive Chairman of Garmin Ltd is the insider, we want to report transactions for. Mr. Min submitted an electronic document with the U.S. SEC making public a deal for 100,021 shares of the Switzerland-based Garmin Ltd, the one he is an insider in. At the time of the selling deal, the average stock market price of Garmin Ltd was $61.1, making the trade worth $6,114,986 U.S. Dollars. In the last month, he also sold 626,669 shares valued at $38,094,581 USD. Currently, Mr. Min, has 35.17 million shares, which accounts for 18.66% of Garmin Ltd’s market capitalization.

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.29, from 1.08 in 2017Q4. It dropped, as 28 investors sold Garmin Ltd. shares while 142 reduced holdings. 48 funds opened positions while 86 raised stakes. 71.26 million shares or 1.45% less from 72.31 million shares in 2017Q4 were reported. Summit Finance Wealth Advsrs holds 44,300 shares or 1.94% of its portfolio. Dekabank Deutsche Girozentrale reported 82,036 shares. Barclays Public Limited Com has 0.01% invested in Garmin Ltd. (NASDAQ:GRMN). Verition Fund Mgmt Ltd Company reported 12,891 shares. Shelton Cap Management accumulated 0.03% or 8,806 shares. Evanston Invs Incorporated Dba Evanston Advisors invested in 6,700 shares or 0.09% of the stock. Driehaus Capital Mngmt Ltd Co holds 10,685 shares or 0.02% of its portfolio. Paradigm Management Inc reported 0.19% stake. Kbc Grp Nv reported 0.01% in Garmin Ltd. (NASDAQ:GRMN). Bluecrest stated it has 0.11% in Garmin Ltd. (NASDAQ:GRMN). Millennium Mgmt Limited stated it has 0% in Garmin Ltd. (NASDAQ:GRMN). Victory Capital Mgmt has invested 0% in Garmin Ltd. (NASDAQ:GRMN). Dynamic Advisor Solutions Ltd Com holds 32,086 shares or 0.49% of its portfolio. Bnp Paribas Arbitrage owns 83,181 shares for 0% of their portfolio. Voya Invest Management Ltd Liability Corporation stated it has 0.01% in Garmin Ltd. (NASDAQ:GRMN).

Analysts await Garmin Ltd. (NASDAQ:GRMN) to report earnings on August, 1. They expect $0.87 earnings per share, down 1.14% or $0.01 from last year’s $0.88 per share. GRMN’s profit will be $164.02 million for 17.66 P/E if the $0.87 EPS becomes a reality. After $0.68 actual earnings per share reported by Garmin Ltd. for the previous quarter, Wall Street now forecasts 27.94% EPS growth.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Benzinga.com which released: “Kinder Morgan Is A Buy After Pipeline Sale To Canadian Government, Wells Fargo Says In Upgrade” on June 18, 2018, also Seekingalpha.com with their article: “Kinder Morgan Got The Cash As Shareholders Expected” published on June 19, 2018, Fool.com published: “Kinder Morgan Inc Stock: Next Stop, $20?” on June 19, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan Drops A Shocking Bombshell: 5 Things Investors Need To Know” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “MLP Monthly Report: June 2018” with publication date: June 20, 2018.

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.29, from 0.7 in 2017Q4. It is positive, as 74 investors sold KMI shares while 305 reduced holdings. 108 funds opened positions while 266 raised stakes. 1.31 billion shares or 0.24% less from 1.31 billion shares in 2017Q4 were reported. 31,927 are owned by Lvw Ltd Liability Corp. 99,588 are held by Fdx Advsr Inc. Ftb Advsrs Inc owns 196,814 shares or 0.29% of their US portfolio. Andra Ap has invested 0.08% in Kinder Morgan, Inc. (NYSE:KMI). Alabama-based Oakworth Cap has invested 0.03% in Kinder Morgan, Inc. (NYSE:KMI). Franklin Resources owns 45.45M shares for 0.35% of their portfolio. State Common Retirement Fund has invested 0.09% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Employees Retirement System Of Texas accumulated 0.06% or 299,000 shares. 59,758 were reported by Griffin Asset Management Inc. Sasco Cap Incorporated Ct accumulated 0% or 2,529 shares. Bollard Ltd Liability Co owns 319,656 shares. Deutsche Bancshares Ag has 22.21M shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 30,470 shares. Avenir Corporation reported 1.02M shares stake. Advisors Asset Mngmt Incorporated has invested 0.04% in Kinder Morgan, Inc. (NYSE:KMI).

Kayne Anderson Capital Advisors Lp decreased Spectra Energy Partners Lp (NYSE:SEP) stake by 449,300 shares to 2.94 million valued at $98.83M in 2018Q1. It also reduced Antero Midstream Partners Lp (NYSE:AM) stake by 1.99M shares and now owns 931,847 shares. Gaslog Partners Lp (NYSE:GLOP) was reduced too.

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