Kosmos Energy Ltd. (NYSE:KOS) Given Average Rating of “Hold” by Analysts

Kosmos Energy Ltd. (NYSE:KOS) has been given a consensus rating of “Hold” by the five brokerages that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $5.52.

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Mizuho cut their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday.

Insider Buying and Selling

In other Kosmos Energy news, SVP Josh R. Marion sold 16,144 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,369.28. Following the completion of the sale, the senior vice president now owns 172,057 shares of the company’s stock, valued at $536,817.84. This represents a 8.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nealesh D. Shah sold 56,987 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $177,799.44. Following the completion of the transaction, the chief financial officer now owns 1,711,580 shares in the company, valued at approximately $5,340,129.60. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 503,970 shares of company stock worth $1,572,386 over the last ninety days. 2.02% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Kosmos Energy by 11.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock valued at $6,860,000 after acquiring an additional 172,966 shares in the last quarter. Equinox Partners Investment Management LLC grew its holdings 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 acquiring an additional 3,218,394 shares during the period. State of New Jersey Common Pension Fund D grew its stake in Kosmos Energy by 33.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 536,870 shares of the oil and gas producer’s stock worth $1,836,000 after purchasing an additional 133,704 shares during the period. Woodmont Investment Counsel LLC grew its position in shares of Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock worth $1,976,000 after buying an additional 283,624 shares during the period. Finally, Barclays PLC increased its stake in shares of Kosmos Energy by 46.5% during the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after purchasing an additional 962,057 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 7.6 %

Shares of Kosmos Energy stock opened at $2.13 on Friday. Kosmos Energy has a 52-week low of $2.11 and a 52-week high of $6.58. The firm has a 50-day moving average of $3.27 and a 200-day moving average of $3.75. The stock has a market cap of $1.02 billion, a PE ratio of 4.83, a PEG ratio of 5.24 and a beta of 2.41. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The business had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. As a group, sell-side analysts forecast that Kosmos Energy will post 0.42 EPS for the current year.

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.