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

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 10,354 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $32,304.48. Following the completion of the transaction, the chief accounting officer now directly owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. The trade was a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kosmos Energy Stock Performance

KOS traded down $0.10 on Thursday, hitting $3.01. 6,751,383 shares of the company’s stock were exchanged, compared to its average volume of 7,412,923. The firm has a market cap of $1.42 billion, a PE ratio of 6.83, a P/E/G ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The stock has a fifty day moving average of $3.44 and a two-hundred day moving average of $4.05. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Institutional Investors Weigh In On Kosmos Energy

Several institutional investors and hedge funds have recently bought and sold shares of KOS. Equinox Partners Investment Management LLC boosted its holdings in shares of Kosmos Energy by 39.2% in the fourth 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 acquiring an additional 3,218,394 shares in the last quarter. Bridgewater Associates LP boosted its holdings in Kosmos Energy by 149.7% during the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock worth $13,220,000 after buying an additional 1,966,437 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings 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 worth $113,828,000 after buying an additional 1,933,216 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in 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 worth $85,202,000 after purchasing an additional 1,588,990 shares during the period. Finally, M&G PLC grew its position in Kosmos Energy by 20.0% during the 3rd quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer’s stock worth $23,647,000 after purchasing an additional 983,623 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Benchmark reduced their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Sanford C. Bernstein reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. 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 report on Monday, December 16th. Finally, StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.