Perbak Capital Partners LLP Invests $68,000 in Kosmos Energy Ltd. (NYSE:KOS)

Perbak Capital Partners LLP purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, Holdings Channel reports. The fund purchased 19,875 shares of the oil and gas producer’s stock, valued at approximately $68,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. VSM Wealth Advisory LLC purchased a new stake in shares of Kosmos Energy in the fourth quarter valued at $34,000. Disciplined Investors L.L.C. acquired a new position in shares of Kosmos Energy during the fourth quarter worth about $36,000. Sapient Capital LLC acquired a new stake in Kosmos Energy in the fourth quarter valued at approximately $37,000. Boothbay Fund Management LLC acquired a new position in Kosmos Energy in the 4th quarter worth $45,000. Finally, Ballentine Partners LLC purchased a new position in shares of Kosmos Energy during the 4th quarter valued at approximately $58,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Kosmos Energy

In other Kosmos Energy news, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction on Wednesday, February 5th. The stock was 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 directly owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This represents a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy 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 $50,369.28. Following the completion of the transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at $536,817.84. This represents a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 503,970 shares of company stock valued at $1,572,386 over the last ninety days. 2.02% of the stock is currently owned by insiders.

Kosmos Energy Trading Down 0.6 %

KOS stock opened at $1.71 on Tuesday. The stock has a market cap of $817.22 million, a price-to-earnings ratio of 3.89, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. 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 company has a fifty day moving average price of $2.13 and a two-hundred day moving average price of $3.08. Kosmos Energy Ltd. has a one year low of $1.39 and a one year high of $6.33.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The firm had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. Equities analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Analyst Ratings Changes

KOS has been the topic of several research reports. The Goldman Sachs Group dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Thursday, March 27th. Benchmark cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Kosmos Energy has an average rating of “Hold” and a consensus target price of $5.27.

Kosmos Energy 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.