Nealesh D. Shah Sells 78,015 Shares of Kosmos Energy Ltd. (NYSE:KOS) Stock

Kosmos Energy Ltd. (NYSE:KOS) CFO Nealesh D. Shah sold 78,015 shares of Kosmos Energy stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $243,406.80. Following the transaction, the chief financial officer now owns 1,555,374 shares of the company’s stock, valued at $4,852,766.88. The trade was a 4.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Kosmos Energy Price Performance

Shares of NYSE:KOS opened at $3.01 on Friday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm’s fifty day moving average is $3.43 and its 200-day moving average is $4.05. The firm has a market cap of $1.42 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41. Kosmos Energy Ltd. has a 52 week low of $2.62 and a 52 week high of $6.58.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on KOS. Mizuho cut their price target on 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 set a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Sanford C. Bernstein lowered 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 report on Tuesday, November 5th. Benchmark lowered 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 report on Tuesday, November 5th. Finally, StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Kosmos Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

Institutional Investors Weigh In On Kosmos Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vaughan Nelson Investment Management L.P. boosted its holdings in Kosmos Energy by 7.3% during the third 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 during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in Kosmos Energy by 8.1% during the third 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 during the last quarter. Equinox Partners Investment Management LLC boosted its holdings in Kosmos Energy by 39.2% during the fourth 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 during the last quarter. Geode Capital Management LLC boosted its holdings in Kosmos Energy by 0.7% during the third 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Kosmos Energy by 13.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock worth $23,835,000 after purchasing an additional 847,635 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

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.