Kosmos Energy Target of Unusually Large Options Trading (NYSE:KOS)

Kosmos Energy Ltd. (NYSE:KOS) was the recipient of unusually large options trading on Friday. Traders bought 4,083 put options on the company. This represents an increase of approximately 55% compared to the typical volume of 2,642 put options.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Foster Group Inc. purchased a new position in shares of Kosmos Energy during the 2nd quarter valued at approximately $26,000. Blueshift Asset Management LLC bought a new position in Kosmos Energy during the 2nd quarter valued at $27,000. Verum Partners LLC bought a new position in Kosmos Energy during the 2nd quarter valued at $29,000. Vident Advisory LLC bought a new stake in shares of Kosmos Energy in the 1st quarter worth about $30,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of Kosmos Energy in the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Stock Down 4.3%

Shares of NYSE KOS traded down $0.04 on Friday, hitting $0.87. The company had a trading volume of 8,304,652 shares, compared to its average volume of 10,707,202. The firm has a market capitalization of $413.76 million, a P/E ratio of -1.27 and a beta of 0.95. Kosmos Energy has a 12-month low of $0.84 and a 12-month high of $4.01. The business has a 50 day moving average of $1.25 and a two-hundred day moving average of $1.66. The company has a quick ratio of 0.29, a current ratio of 0.52 and a debt-to-equity ratio of 3.04.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Tuesday, November 4th. The oil and gas producer reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). Kosmos Energy had a negative net margin of 23.64% and a negative return on equity of 26.28%. The firm had revenue of $310.96 million for the quarter, compared to analysts’ expectations of $360.82 million. As a group, equities research analysts forecast that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on KOS shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $2.00 price target (down from $3.00) on shares of Kosmos Energy in a research note on Monday, September 22nd. Johnson Rice downgraded shares of Kosmos Energy from a “buy” rating to an “accumulate” rating and reduced their price objective for the company from $4.50 to $3.50 in a research note on Friday, December 5th. Clarkson Capital started coverage on shares of Kosmos Energy in a research note on Friday, October 24th. They issued a “buy” rating and a $4.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kosmos Energy in a report on Monday. Finally, Stephens started coverage on Kosmos Energy in a report on Tuesday, November 11th. They set an “equal weight” rating and a $1.75 price objective on the stock. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $2.29.

Kosmos Energy Company Profile

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high?impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.