Kosmos Energy Ltd. (NYSE:KOS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $5.52.

Several equities research analysts have recently weighed in on KOS shares. Mizuho reduced their price objective on 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 dropped their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research note 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. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Sanford C. Bernstein reduced their price target 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.

Insider Transactions at Kosmos Energy

In other news, SVP Josh R. Marion sold 16,144 shares of the company’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 completion of the transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Also, CEO Andrew G. Inglis sold 138,689 shares of the firm’s 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 $432,709.68. Following the completion of the sale, the chief executive officer now owns 3,959,000 shares of the company’s stock, valued at $12,352,080. This represents a 3.38 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 503,970 shares of company stock worth $1,572,386. Company insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy in the 3rd quarter worth approximately $28,000. VSM Wealth Advisory LLC bought a new position in Kosmos Energy in the 4th quarter valued at $34,000. Sapient Capital LLC acquired a new position in Kosmos Energy in the fourth quarter worth $37,000. Signaturefd LLC grew its holdings in shares of Kosmos Energy by 39,777.8% during the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 10,740 shares during the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new stake in shares of Kosmos Energy during the third quarter worth $43,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Price Performance

NYSE KOS opened at $3.23 on Wednesday. Kosmos Energy has a 12 month low of $2.62 and a 12 month high of $6.58. The firm has a market capitalization of $1.52 billion, a PE ratio of 7.33, a P/E/G ratio of 4.69 and a beta of 2.41. The company’s 50 day simple moving average is $3.39 and its 200 day simple moving average is $3.98. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

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.