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

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 16,182 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,487.84. Following the completion of the sale, the chief accounting officer now owns 320,231 shares of the company’s stock, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kosmos Energy Trading Down 0.7 %

Shares of Kosmos Energy stock opened at $3.10 on Wednesday. The stock 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 firm has a fifty day moving average price of $3.46 and a 200 day moving average price of $4.06. Kosmos Energy Ltd. has a 1 year low of $2.62 and a 1 year high of $6.58. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Institutional Investors Weigh In On Kosmos Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KOS. Fruth Investment Management lifted its stake in shares of Kosmos Energy by 10.2% in the 3rd quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock valued at $108,000 after purchasing an additional 2,500 shares during the period. nVerses Capital LLC increased its holdings in Kosmos Energy by 13.6% in the third quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock valued at $125,000 after buying an additional 3,700 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock worth $531,000 after acquiring an additional 4,640 shares during the period. Avidian Wealth Enterprises LLC boosted its stake in shares of Kosmos Energy by 42.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer’s stock worth $66,000 after acquiring an additional 4,921 shares in the last quarter. Finally, New York State Common Retirement Fund grew its position in shares of Kosmos Energy by 3.8% during the 4th quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock valued at $588,000 after acquiring an additional 6,300 shares during the period. 95.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on KOS. Sanford C. Bernstein decreased their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Mizuho lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Benchmark cut their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Kosmos Energy presently 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.