Disciplined Investors L.L.C. acquired a new position in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $36,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Kosmos Energy during the 3rd quarter worth $28,000. VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy during the fourth quarter worth about $34,000. Sapient Capital LLC purchased a new position in Kosmos Energy during the fourth quarter worth about $37,000. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy in the 3rd quarter valued at about $43,000. Finally, Ballentine Partners LLC purchased a new stake in shares of Kosmos Energy in the 4th quarter valued at approximately $58,000. Institutional investors and hedge funds own 95.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on KOS. Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group reduced their target price on Kosmos Energy from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, March 27th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Mizuho decreased their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $5.27.
Insider Buying and Selling at Kosmos Energy
In other Kosmos Energy news, CFO Nealesh D. Shah sold 56,987 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $177,799.44. Following the sale, the chief financial officer now owns 1,711,580 shares in the company, valued at $5,340,129.60. This represents a 3.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy stock in a transaction dated 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 transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at $536,817.84. The trade was a 8.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 in the last 90 days. Company insiders own 2.02% of the company’s stock.
Kosmos Energy Price Performance
KOS opened at $2.28 on Thursday. The stock’s 50-day moving average price is $2.73 and its 200 day moving average price is $3.44. Kosmos Energy Ltd. has a 12-month low of $2.07 and a 12-month high of $6.58. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 5.18, a PEG ratio of 5.24 and a beta of 2.31. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.
Kosmos Energy (NYSE:KOS – Get Free Report) last issued its quarterly earnings results 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). The business had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. As a group, sell-side analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.
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.
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