VSM Wealth Advisory LLC Takes $34,000 Position in Kosmos Energy Ltd. (NYSE:KOS)

VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy Ltd. (NYSE:KOS) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $34,000.

A number of other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of Kosmos Energy by 10.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer’s stock valued at $155,000 after purchasing an additional 4,381 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock valued at $531,000 after acquiring an additional 4,640 shares during the period. New York State Common Retirement Fund lifted 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. Xponance Inc. lifted its position in shares of Kosmos Energy by 21.1% during the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer’s stock valued at $127,000 after acquiring an additional 6,460 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy during the 3rd quarter valued at $28,000. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Stock Up 0.2 %

Kosmos Energy stock opened at $2.32 on Friday. Kosmos Energy Ltd. has a 1-year low of $2.07 and a 1-year high of $6.58. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 5.26, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31. The firm’s fifty day moving average price is $2.98 and its two-hundred day moving average price is $3.56. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The business had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. On average, equities research analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In related news, SVP Josh R. Marion sold 16,144 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now directly owns 172,057 shares of the company’s stock, valued at $536,817.84. This trade represents a 8.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew G. Inglis sold 138,689 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $432,709.68. Following the transaction, the chief executive officer now directly owns 3,959,000 shares in the company, valued at $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 503,970 shares of company stock valued at $1,572,386. Corporate insiders own 2.02% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Benchmark downgraded shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $5.52.

Kosmos Energy 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.