Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah Sells 56,987 Shares

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 56,987 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 $177,799.44. Following the completion of the transaction, the chief financial officer now directly owns 1,711,580 shares of the company’s stock, valued at approximately $5,340,129.60. This represents a 3.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Kosmos Energy Trading Down 0.7 %

Shares of KOS opened at $3.10 on Wednesday. The stock has a market capitalization of $1.46 billion, a P/E ratio of 7.04, a PEG ratio of 4.67 and a beta of 2.41. 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 firm has a fifty day simple moving average of $3.46 and a two-hundred day simple moving average of $4.06. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58.

Institutional Investors Weigh In On Kosmos Energy

Several institutional investors have recently added to or reduced their stakes in KOS. Vaughan Nelson Investment Management L.P. raised its holdings in Kosmos Energy by 7.3% in the 3rd 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 purchasing an additional 1,933,216 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Kosmos Energy by 8.1% in 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 purchasing an additional 1,588,990 shares in the last quarter. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 39.2% in 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 in the last quarter. Geode Capital Management LLC raised its holdings in Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after purchasing an additional 68,339 shares in the last quarter. Finally, Jennison Associates LLC raised its holdings in Kosmos Energy by 3.0% in the 3rd quarter. Jennison Associates LLC now owns 6,868,689 shares of the oil and gas producer’s stock worth $27,681,000 after purchasing an additional 199,317 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KOS shares. Benchmark cut their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Sanford C. Bernstein cut their price objective on shares of 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. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, Mizuho cut 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. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $5.52.

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.