Kosmos Energy (NYSE:KOS) Sets New 1-Year Low – Time to Sell?

Kosmos Energy Ltd. (NYSE:KOS) shares hit a new 52-week low on Tuesday . The stock traded as low as $2.45 and last traded at $2.49, with a volume of 14958328 shares changing hands. The stock had previously closed at $2.81.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Mizuho reduced their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. StockNews.com cut Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $5.52.

Kosmos Energy Trading Down 2.8 %

The company has a market cap of $1.10 billion, a PE ratio of 5.22, a PEG ratio of 5.24 and a beta of 2.41. 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 stock has a fifty day moving average of $3.29 and a 200-day moving average of $3.76.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The company had revenue of $397.66 million for the quarter, compared to analysts’ expectations of $387.60 million. Sell-side analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In other news, SVP Christopher James Ball sold 84,898 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $5,116,566. This represents a 4.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,369.28. Following the transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at approximately $536,817.84. This represents a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 503,970 shares of company stock valued at $1,572,386. Corporate insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Encompass Capital Advisors LLC purchased a new position in Kosmos Energy in the fourth quarter worth approximately $35,723,000. Patient Capital Management LLC lifted its stake in Kosmos Energy by 81.6% in the fourth quarter. Patient Capital Management LLC now owns 17,147,729 shares of the oil and gas producer’s stock valued at $58,645,000 after buying an additional 7,707,707 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its position in Kosmos Energy by 22.1% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock valued at $111,586,000 after purchasing an additional 5,906,210 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of Kosmos Energy by 28.1% in the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock valued at $64,104,000 after buying an additional 4,114,499 shares during the last quarter. Finally, Equinox Partners Investment Management LLC raised its stake in Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after acquiring an additional 3,218,394 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Company 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.