Kosmos Energy Ltd. (NYSE:KOS) Receives Average Recommendation of “Moderate Buy” from Analysts

Kosmos Energy Ltd. (NYSE:KOS) has earned an average recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $5.52.

A number of equities research analysts have recently issued reports on KOS shares. Benchmark dropped their price target 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. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Sanford C. Bernstein dropped 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 report on Tuesday, November 5th. Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Finally, Mizuho decreased their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th.

Insider Buying and Selling

In other Kosmos Energy news, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $32,304.48. Following the completion of the transaction, the chief accounting officer now owns 299,498 shares of the company’s stock, valued at $934,433.76. This trade represents a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Nealesh D. Shah sold 56,987 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $177,799.44. Following the completion of the sale, the chief financial officer now directly owns 1,711,580 shares in the company, valued at $5,340,129.60. This trade represents a 3.22 % 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. 2.02% of the stock is currently owned by insiders.

Institutional Trading of Kosmos Energy

A number of institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in shares of Kosmos Energy by 10.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer’s stock valued at $155,000 after acquiring an additional 4,381 shares during the last quarter. Banco Santander S.A. acquired a new stake in Kosmos Energy during the 4th quarter worth $72,000. Raymond James Financial Inc. acquired a new stake in Kosmos Energy during the 4th quarter worth $2,049,000. Victory Capital Management Inc. grew its position in Kosmos Energy by 17.1% during the 4th quarter. Victory Capital Management Inc. now owns 138,444 shares of the oil and gas producer’s stock worth $473,000 after purchasing an additional 20,235 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Kosmos Energy by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after purchasing an additional 847,635 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Trading Up 0.5 %

KOS stock opened at $3.02 on Wednesday. Kosmos Energy has a 12-month low of $2.62 and a 12-month high of $6.58. The business’s 50-day moving average is $3.41 and its 200 day moving average is $4.01. 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 stock has a market cap of $1.42 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 4.69 and a beta of 2.41.

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.