Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) Target Price at $5.27

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $5.27.

KOS has been the subject of a number of analyst reports. Benchmark cut shares of Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "buy" rating for the company in a report on Thursday, March 27th.

Insider Buying and Selling

In other news, CEO Andrew G. Inglis sold 102,701 shares of Kosmos Energy stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $320,427.12. Following the completion of the sale, the chief executive officer now directly owns 4,236,691 shares in the company, valued at approximately $13,218,475.92. The trade was a 2.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 sale, the chief accounting officer now owns 320,231 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders sold 503,970 shares of company stock valued at $1,572,386. Insiders own 2.02% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KOS. Encompass Capital Advisors LLC acquired a new stake in Kosmos Energy in the fourth quarter valued at about $35,723,000. Patient Capital Management LLC lifted its holdings in shares of Kosmos Energy by 81.6% in the fourth quarter. Patient Capital Management LLC now owns 17,147,729 shares of the oil and gas producer's stock worth $58,645,000 after acquiring an additional 7,707,707 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in Kosmos Energy by 22.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer's stock worth $111,586,000 after purchasing an additional 5,906,210 shares in the last quarter. William Blair Investment Management LLC boosted its position in Kosmos Energy by 28.1% in the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock valued at $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Finally, Equinox Partners Investment Management LLC increased its holdings in shares of Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock worth $39,063,000 after buying an additional 3,218,394 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Trading Down 2.2 %

Shares of Kosmos Energy stock traded down $0.04 on Monday, hitting $1.76. 8,124,111 shares of the company's stock traded hands, compared to its average volume of 8,111,119. The firm's 50-day moving average price is $2.26 and its two-hundred day moving average price is $3.16. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The stock has a market capitalization of $841.11 million, a PE ratio of 4.00, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. Kosmos Energy has a one year low of $1.39 and a one year high of $6.33.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). The company had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. On average, research analysts expect that Kosmos Energy will post 0.42 EPS 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.