Kosmos Energy (NYSE:KOS) Stock Price Down 5.1% – Should You Sell?

Shares of Kosmos Energy Ltd. (NYSE:KOS) were down 5.1% on Friday . The company traded as low as $3.29 and last traded at $3.28. Approximately 826,150 shares were traded during trading, a decline of 88% from the average daily volume of 6,617,864 shares. The stock had previously closed at $3.45.

Analyst Ratings Changes

A number of equities analysts have commented on KOS shares. Mizuho reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Sanford C. Bernstein lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Finally, Benchmark dropped their target price 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 equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

Kosmos Energy Stock Performance

The company has a market cap of $1.61 billion, a PE ratio of 7.72, a PEG ratio of 0.42 and a beta of 2.43. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm’s 50 day moving average is $3.57 and its 200-day moving average is $4.21.

Hedge Funds Weigh In On Kosmos Energy

Several large investors have recently modified their holdings of the business. Vaughan Nelson Investment Management L.P. boosted its stake in Kosmos Energy by 7.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock worth $113,828,000 after buying an additional 1,933,216 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in shares of 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 worth $85,202,000 after purchasing an additional 1,588,990 shares during the period. Geode Capital Management LLC increased its holdings in Kosmos Energy by 0.7% in the 3rd 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 purchasing an additional 68,339 shares during the last quarter. Equinox Partners Investment Management LLC raised its position in Kosmos Energy by 29.4% in the third quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock valued at $33,060,000 after purchasing an additional 1,863,966 shares during the period. Finally, Jennison Associates LLC lifted 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 purchasing an additional 199,317 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

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.