Nealesh D. Shah Sells 78,015 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 78,015 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $243,406.80. Following the completion of the transaction, the chief financial officer now owns 1,555,374 shares of the company’s stock, valued at $4,852,766.88. This trade represents a 4.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Kosmos Energy Stock Up 0.5 %

KOS opened at $3.02 on Friday. Kosmos Energy Ltd. has a fifty-two week low of $2.62 and a fifty-two week high of $6.58. The business has a 50-day moving average of $3.43 and a 200-day moving average of $4.05. 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 company has a market capitalization of $1.42 billion, a PE ratio of 6.85, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41.

Institutional Investors Weigh In On Kosmos Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in KOS. Equinox Partners Investment Management LLC raised its stake 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 worth $39,063,000 after purchasing an additional 3,218,394 shares in the last quarter. Bridgewater Associates LP raised its stake in shares of Kosmos Energy by 149.7% in the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock valued at $13,220,000 after acquiring an additional 1,966,437 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in shares of Kosmos Energy by 7.3% in 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 in the last quarter. Hotchkis & Wiley Capital Management LLC raised 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 acquiring an additional 1,588,990 shares in the last quarter. Finally, M&G PLC raised its stake in shares of Kosmos Energy by 20.0% in the 3rd quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer’s stock valued at $23,647,000 after acquiring an additional 983,623 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KOS. Benchmark reduced their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Mizuho reduced their price objective 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. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Sanford C. Bernstein reduced their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus 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.