O ROURKE & COMPANY Inc Has $1.05 Million Stock Position in Kinder Morgan, Inc. (NYSE:KMI)

O ROURKE & COMPANY Inc cut its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,382 shares of the pipeline company’s stock after selling 4,004 shares during the period. O ROURKE & COMPANY Inc’s holdings in Kinder Morgan were worth $1,052,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Barclays PLC increased its holdings in Kinder Morgan by 39.9% in the third quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company’s stock valued at $180,833,000 after purchasing an additional 2,334,273 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of Kinder Morgan in the 3rd quarter valued at about $826,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Kinder Morgan in the 3rd quarter valued at approximately $386,000. Blankinship & Foster LLC boosted its stake in Kinder Morgan by 128.4% during the 3rd quarter. Blankinship & Foster LLC now owns 46,900 shares of the pipeline company’s stock worth $1,036,000 after acquiring an additional 26,363 shares during the last quarter. Finally, Synovus Financial Corp grew its holdings in Kinder Morgan by 1.7% during the third quarter. Synovus Financial Corp now owns 103,618 shares of the pipeline company’s stock valued at $2,289,000 after purchasing an additional 1,769 shares during the period. Institutional investors own 62.52% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on KMI shares. Wells Fargo & Company increased their target price on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Barclays upgraded Kinder Morgan from an “equal weight” rating to an “overweight” rating and set a $31.00 target price on the stock in a report on Monday, March 3rd. Citigroup increased their price target on Kinder Morgan from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Royal Bank of Canada lifted their price objective on Kinder Morgan from $26.00 to $27.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. Finally, UBS Group increased their target price on Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.64.

Insider Activity at Kinder Morgan

In related news, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $27.70, for a total transaction of $498,600.00. Following the completion of the sale, the president now directly owns 843,652 shares of the company’s stock, valued at approximately $23,369,160.40. This trade represents a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the transaction, the vice president now owns 220,681 shares in the company, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 129,461 shares of company stock worth $3,506,116. Company insiders own 12.64% of the company’s stock.

Kinder Morgan Trading Up 2.5 %

Kinder Morgan stock opened at $26.43 on Friday. The company has a market cap of $58.73 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 3.08 and a beta of 0.72. The firm has a 50-day moving average of $26.95 and a 200-day moving average of $26.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.49 and a quick ratio of 0.39. Kinder Morgan, Inc. has a one year low of $17.61 and a one year high of $31.48.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. On average, equities analysts expect that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend was Monday, February 3rd. Kinder Morgan’s payout ratio is presently 98.29%.

About Kinder Morgan

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.