Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) Target Price at $5.52

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $5.27.

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group reaffirmed a "buy" rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. Mizuho cut their price objective 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. The Goldman Sachs Group reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Benchmark downgraded shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Insider Transactions at Kosmos Energy

In other Kosmos Energy news, CEO Andrew G. Inglis sold 138,689 shares of Kosmos Energy 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 of the company's stock, valued at $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Ronald W. Glass sold 16,182 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,487.84. Following the completion of the transaction, the chief accounting officer now directly owns 320,231 shares in the company, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 over the last 90 days. 2.02% of the stock is currently owned by corporate insiders.

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Hedge Funds Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Kosmos Energy in the third quarter valued at about $28,000. VSM Wealth Advisory LLC acquired a new position in Kosmos Energy during the fourth quarter worth about $34,000. Disciplined Investors L.L.C. purchased a new stake in Kosmos Energy in the 4th quarter valued at approximately $36,000. Sapient Capital LLC purchased a new stake in shares of Kosmos Energy in the fourth quarter valued at $37,000. Finally, CTC Alternative Strategies Ltd. acquired a new stake in shares of Kosmos Energy during the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

Kosmos Energy Stock Down 4.1 %

Kosmos Energy stock traded down $0.10 during mid-day trading on Thursday, hitting $2.22. The company had a trading volume of 6,369,980 shares, compared to its average volume of 7,804,232. The company has a market capitalization of $1.06 billion, a PE ratio of 5.03, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31. 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 has a 12 month low of $2.07 and a 12 month high of $6.58. The stock's 50 day moving average price is $2.81 and its two-hundred day moving average price is $3.47.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its earnings results 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 company had revenue of $397.66 million for the quarter, compared to analysts' expectations of $387.60 million. As a group, sell-side analysts anticipate that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

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.