Kosmos Energy Ltd. (NYSE:KOS) SVP Christopher James Ball Sells 84,898 Shares

Kosmos Energy Ltd. (NYSE:KOS) SVP Christopher James Ball sold 84,898 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $264,881.76. Following the completion of the sale, the senior vice president now owns 1,639,925 shares in the company, valued at $5,116,566. This represents a 4.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Kosmos Energy Stock Up 0.5 %

Shares of KOS opened at $3.02 on Friday. The firm has a market cap of $1.42 billion, a P/E ratio of 6.85, a P/E/G ratio of 4.67 and a beta of 2.41. The stock has a 50 day simple moving average of $3.43 and a two-hundred day simple moving average of $4.05. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. Kosmos Energy Ltd. has a 1 year low of $2.62 and a 1 year high of $6.58.

Institutional Trading of Kosmos Energy

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KOS shares. Sanford C. Bernstein decreased their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Mizuho cut their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Jefferies Financial Group reissued a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Benchmark cut 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. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $5.52.

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.