Woodmont Investment Counsel LLC Has $935,000 Stake in Kosmos Energy Ltd. (NYSE:KOS)

Woodmont Investment Counsel LLC lowered its stake in Kosmos Energy Ltd. (NYSE:KOS) by 44.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 273,383 shares of the oil and gas producer’s stock after selling 217,044 shares during the period. Woodmont Investment Counsel LLC owned 0.06% of Kosmos Energy worth $935,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Kosmos Energy in the 3rd quarter valued at $28,000. VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy in the fourth quarter worth about $34,000. Sapient Capital LLC bought a new stake in Kosmos Energy during the 4th quarter worth about $37,000. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy during the 3rd quarter valued at about $43,000. Finally, Caprock Group LLC bought a new position in shares of Kosmos Energy in the 3rd quarter valued at about $48,000. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $2.26 on Tuesday. The stock’s fifty day simple moving average is $2.92 and its 200 day simple moving average is $3.52. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The company has a market capitalization of $1.08 billion, a PE ratio of 5.13, a PEG ratio of 5.24 and a beta of 2.31. Kosmos Energy Ltd. has a 12 month low of $2.07 and a 12 month high of $6.58.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS 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 business had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. On average, research analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on KOS. Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Mizuho cut their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. StockNews.com cut Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Finally, Jefferies Financial Group restated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.52.

Insider Buying and Selling at Kosmos Energy

In related news, SVP Christopher James Ball sold 84,898 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $264,881.76. Following the sale, the senior vice president now owns 1,639,925 shares of the company’s stock, valued at approximately $5,116,566. This trade represents a 4.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,369.28. Following the completion of the sale, the senior vice president now owns 172,057 shares in the company, valued at $536,817.84. The trade was a 8.58 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by corporate insiders.

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.