Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) CFO Nealesh D. Shah sold 56,987 shares of the 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 $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 $5,340,129.60. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Kosmos Energy Stock Performance
NYSE KOS traded up $0.02 on Friday, hitting $3.02. 7,180,236 shares of the company's stock were exchanged, compared to its average volume of 6,753,512. 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 firm's 50-day moving average price is $3.41 and its two-hundred day moving average price is $4.02. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 6.85, a P/E/G ratio of 4.69 and a beta of 2.41. Kosmos Energy Ltd. has a fifty-two week low of $2.62 and a fifty-two week high of $6.58.
Wall Street Analyst Weigh In
KOS has been the topic of a number of recent research reports. StockNews.com upgraded shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Jefferies Financial Group restated a "buy" rating and issued a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Mizuho dropped their target price on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Finally, Sanford C. Bernstein cut their price target on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Kosmos Energy has an average rating of "Moderate Buy" and an average price target of $5.52.
Check Out Our Latest Report on Kosmos Energy
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Equinox Partners Investment Management LLC grew its stake in shares of Kosmos Energy by 39.2% during the 4th 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 purchasing an additional 3,218,394 shares during the period. Bridgewater Associates LP boosted its holdings in Kosmos Energy by 149.7% during the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer's stock worth $13,220,000 after buying an additional 1,966,437 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its position in Kosmos Energy by 7.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock worth $113,828,000 after buying an additional 1,933,216 shares during the period. Hotchkis & Wiley Capital Management LLC increased its holdings in Kosmos Energy by 8.1% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer's stock valued at $85,202,000 after buying an additional 1,588,990 shares in the last quarter. Finally, M&G PLC lifted its position in shares of 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 valued at $23,647,000 after acquiring an additional 983,623 shares during the period. Hedge funds and other institutional investors own 95.33% of the company's stock.
About Kosmos Energy
(
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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.
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