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

Kosmos Energy Ltd. (NYSE:KOS) has been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $5.52.

Several analysts have weighed in on the company. Benchmark dropped their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Mizuho dropped their price target 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. Jefferies Financial Group restated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Sanford C. Bernstein lowered 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 report on Tuesday, November 5th. Finally, StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.

Kosmos Energy Trading Down 0.8 %

KOS stock opened at $3.23 on Wednesday. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. Kosmos Energy has a twelve month low of $2.62 and a twelve month high of $6.58. The company has a market cap of $1.52 billion, a P/E ratio of 7.33, a PEG ratio of 4.69 and a beta of 2.41. The business has a fifty day moving average of $3.39 and a 200-day moving average of $3.98.

Insiders Place Their Bets

In related news, CEO Andrew G. Inglis sold 102,701 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, the chief executive officer now directly owns 4,236,691 shares of the company’s stock, valued at approximately $13,218,475.92. The trade was a 2.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher James Ball sold 84,898 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $264,881.76. Following the completion of the transaction, the senior vice president now directly owns 1,639,925 shares of the company’s stock, valued at approximately $5,116,566. The trade was a 4.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock worth $1,572,386 over the last ninety days. 2.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kosmos Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in Kosmos Energy by 80.2% in the 2nd quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer’s stock valued at $1,693,000 after buying an additional 136,029 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Kosmos Energy by 3.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 257,887 shares of the oil and gas producer’s stock valued at $1,429,000 after acquiring an additional 8,197 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Kosmos Energy in the second quarter valued at about $395,000. SG Americas Securities LLC raised its holdings in Kosmos Energy by 32.4% during the third quarter. SG Americas Securities LLC now owns 78,667 shares of the oil and gas producer’s stock worth $317,000 after acquiring an additional 19,251 shares in the last quarter. Finally, Sanders Morris Harris LLC acquired a new position in Kosmos Energy during the third quarter valued at approximately $97,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

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.