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

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $5.52.

Several equities analysts recently weighed in on the stock. Benchmark cut their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Jefferies Financial Group reiterated a "buy" rating and issued a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Sanford C. Bernstein lowered their price objective on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Mizuho lowered their price objective on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th.

Kosmos Energy Stock Up 0.5 %

Shares of KOS traded up $0.02 during mid-day trading on Wednesday, hitting $3.02. 7,180,236 shares of the company traded hands, compared to its average volume of 6,753,512. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $6.58. 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 company has a market capitalization of $1.42 billion, a PE ratio of 6.85, a price-to-earnings-growth ratio of 4.69 and a beta of 2.41. The business has a 50 day moving average of $3.41 and a 200 day moving average of $4.02.

Insiders Place Their Bets

In related news, CFO Nealesh D. Shah sold 56,987 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $177,799.44. Following the completion of the sale, the chief financial officer now directly owns 1,711,580 shares of the company's stock, valued at approximately $5,340,129.60. This trade represents a 3.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,487.84. Following the sale, the chief accounting officer now directly owns 320,231 shares of the company's stock, valued at $999,120.72. The trade was a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 in the last three months. 2.02% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Kosmos Energy

A number of hedge funds and other institutional investors have recently bought and sold shares 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 buying an additional 4,381 shares during the period. Banco Santander S.A. purchased a new position in shares of Kosmos Energy in the 4th quarter valued at about $72,000. Raymond James Financial Inc. purchased a new position in shares of Kosmos Energy in the 4th quarter valued at about $2,049,000. Victory Capital Management Inc. boosted its stake in shares of Kosmos Energy by 17.1% in the 4th quarter. Victory Capital Management Inc. now owns 138,444 shares of the oil and gas producer's stock valued at $473,000 after buying an additional 20,235 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Kosmos Energy by 13.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer's stock valued at $23,835,000 after buying an additional 847,635 shares during the period. 95.33% of the stock is currently 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.