Moors & Cabot Inc. Has $718,000 Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Moors & Cabot Inc. reduced its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 44.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,950 shares of the oil and gas producer's stock after selling 165,750 shares during the quarter. Moors & Cabot Inc.'s holdings in Kosmos Energy were worth $718,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy in the 3rd quarter valued at approximately $28,000. Sapient Capital LLC acquired a new position in shares of Kosmos Energy in the 4th quarter valued at approximately $37,000. CTC Alternative Strategies Ltd. acquired a new position in shares of Kosmos Energy in the 3rd quarter valued at approximately $43,000. Caprock Group LLC acquired a new position in shares of Kosmos Energy in the 3rd quarter valued at approximately $48,000. Finally, Ballentine Partners LLC acquired a new position in shares of Kosmos Energy in the 4th quarter valued at approximately $58,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Stock Up 1.5 %

Shares of Kosmos Energy stock traded up $0.04 on Wednesday, reaching $2.31. 15,266,511 shares of the company were exchanged, compared to its average volume of 7,694,361. Kosmos Energy Ltd. has a one year low of $2.07 and a one year high of $6.58. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 5.24, a PEG 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. The company has a 50-day moving average of $3.03 and a 200 day moving average of $3.58.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and issued a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Finally, Mizuho cut their target price on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $5.52.

Insider Buying and Selling

In related news, SVP Josh R. Marion sold 16,144 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now directly owns 172,057 shares of the company's stock, valued at approximately $536,817.84. The trade was a 8.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew G. Inglis sold 138,689 shares of the business'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 transaction, the chief executive officer now directly owns 3,959,000 shares in the company, valued at $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is owned by insiders.

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.