Ronald W. Glass Sells 10,354 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the sale, the chief accounting officer now directly owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This trade represents a 3.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Kosmos Energy Stock Up 0.5 %

Shares of Kosmos Energy stock opened at $3.02 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The business has a 50-day moving average price of $3.43 and a 200 day moving average price of $4.05. Kosmos Energy Ltd. has a fifty-two week low of $2.62 and a fifty-two week high of $6.58. The firm has a market cap of $1.42 billion, a P/E ratio of 6.85, a P/E/G ratio of 4.67 and a beta of 2.41.

Institutional Investors Weigh In On Kosmos Energy

A number of institutional investors have recently made changes to their positions in KOS. Vaughan Nelson Investment Management L.P. increased its stake in Kosmos Energy by 7.3% during 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 during the period. Equinox Partners Investment Management LLC grew its position in shares of Kosmos Energy by 39.2% during 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 during the last quarter. Geode Capital Management LLC raised its stake in Kosmos Energy by 0.7% during the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after acquiring an additional 68,339 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Kosmos Energy by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after acquiring an additional 847,635 shares during the period. 95.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on KOS. Mizuho lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Sanford C. Bernstein lowered their price target on shares of 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 upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Benchmark reduced their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target 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.