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 stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value 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 $934,433.76. This trade represents a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kosmos Energy Trading Up 0.5 %

NYSE:KOS opened at $3.02 on Friday. The stock has a fifty day simple moving average of $3.43 and a 200 day simple moving average of $4.05. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a 1-year low of $2.62 and a 1-year high of $6.58.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 5th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Mizuho cut their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report 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. Finally, Benchmark dropped 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. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy has a consensus rating of “Moderate Buy” and a consensus price target of $5.52.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Kosmos Energy by 11.3% during the 3rd 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 worth $6,860,000 after purchasing an additional 172,966 shares in the last quarter. Graham Capital Wealth Management LLC purchased a new position in shares of Kosmos Energy during the third quarter valued at $2,443,000. Woodmont Investment Counsel LLC raised its position in Kosmos Energy by 137.1% during the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after buying an additional 283,624 shares during the period. Barclays PLC boosted its position in Kosmos Energy by 46.5% during the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock worth $12,221,000 after acquiring an additional 962,057 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in Kosmos Energy by 8.1% during 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. 95.33% of the stock is owned by hedge funds and other institutional investors.

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.