Kosmos Energy (NYSE:KOS) Shares Down 5.1% - Time to Sell?

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) shares fell 5.1% during trading on Friday . The stock traded as low as $3.29 and last traded at $3.28. 826,150 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 6,617,864 shares. The stock had previously closed at $3.45.

Analyst Ratings Changes

Several analysts have recently commented on the company. Jefferies Financial Group reaffirmed a "buy" rating and set a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. 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. Mizuho decreased their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Finally, Sanford C. Bernstein decreased their target price 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. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $5.52.

Kosmos Energy Price Performance

The company has a market cap of $1.62 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 0.42 and a beta of 2.43. The stock has a 50 day simple moving average of $3.56 and a two-hundred day simple moving average of $4.19. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Hedge Funds Weigh In On Kosmos Energy

Several large investors have recently modified their holdings of the business. Bridgewater Associates LP grew its position in Kosmos Energy by 149.7% in the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer's stock valued at $13,220,000 after acquiring an additional 1,966,437 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Kosmos Energy by 7.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock valued at $113,828,000 after purchasing an additional 1,933,216 shares in the last quarter. Equinox Partners Investment Management LLC increased its stake in Kosmos Energy by 29.4% during the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer's stock worth $33,060,000 after buying an additional 1,863,966 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its holdings in Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer's stock worth $85,202,000 after buying an additional 1,588,990 shares in the last quarter. Finally, M&G PLC lifted its holdings in Kosmos Energy by 20.0% during the 3rd quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer's stock worth $23,647,000 after buying an additional 983,623 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

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.