Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass Sells 16,182 Shares of Stock

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 16,182 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,487.84. Following the transaction, the chief accounting officer now owns 320,231 shares of the company’s stock, valued at $999,120.72. This trade represents a 4.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Kosmos Energy Stock Down 0.7 %

NYSE:KOS opened at $3.10 on Wednesday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm has a market cap of $1.46 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. The company has a 50-day moving average of $3.46 and a 200 day moving average of $4.06. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds have recently modified their holdings of the business. Vaughan Nelson Investment Management L.P. grew its stake in Kosmos Energy by 7.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after purchasing an additional 1,933,216 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Kosmos Energy by 8.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock valued at $85,202,000 after buying an additional 1,588,990 shares in the last quarter. Equinox Partners Investment Management LLC boosted its holdings in shares of Kosmos Energy by 39.2% in the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after buying an additional 3,218,394 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after buying an additional 68,339 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in shares of Kosmos Energy by 3.0% during the 3rd quarter. Jennison Associates LLC now owns 6,868,689 shares of the oil and gas producer’s stock worth $27,681,000 after acquiring an additional 199,317 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on KOS shares. Sanford C. Bernstein dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Mizuho reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Benchmark lowered their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5.52.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.