Nealesh D. Shah Sells 56,987 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 56,987 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $177,799.44. Following the sale, the chief financial officer now directly owns 1,711,580 shares in the company, valued at $5,340,129.60. This represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Kosmos Energy Stock Performance

KOS opened at $3.11 on Thursday. The firm has a market capitalization of $1.47 billion, a PE ratio of 7.06, a PEG ratio of 4.67 and a beta of 2.41. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The firm’s 50-day moving average price is $3.44 and its 200 day moving average price is $4.05.

Hedge Funds Weigh In On Kosmos Energy

Institutional investors have recently added to or reduced their stakes in the stock. Vaughan Nelson Investment Management L.P. boosted its position in shares of Kosmos Energy by 7.3% during the 3rd 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 acquiring an additional 1,933,216 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake 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 raised 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 period. Geode Capital Management LLC lifted its holdings in Kosmos Energy by 0.7% in the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after acquiring an additional 68,339 shares during the last quarter. Finally, Jennison Associates LLC increased its stake in Kosmos Energy by 3.0% during the third 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 during the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Wall Street Analyst Weigh In

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

About Kosmos Energy

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.