Kosmos Energy Ltd. (NYSE:KOS) SVP Josh R. Marion Sells 16,144 Shares

Kosmos Energy Ltd. (NYSE:KOS) 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 directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kosmos Energy Stock Performance

NYSE KOS traded down $0.02 on Tuesday, reaching $3.10. The stock had a trading volume of 8,550,929 shares, compared to its average volume of 7,435,294. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy Ltd. has a 12-month low of $2.62 and a 12-month high of $6.58. The business’s 50-day moving average price is $3.48 and its 200 day moving average price is $4.08. The stock has a market cap of $1.46 billion, a P/E ratio of 7.04, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41.

Institutional Investors Weigh In On Kosmos Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. raised its stake in shares of 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 raised its stake in shares of 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 raised its stake in shares of 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 raised its stake in shares of 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, Jennison Associates LLC raised its stake in shares of Kosmos Energy by 3.0% during the third quarter. Jennison Associates LLC now owns 6,868,689 shares of the oil and gas producer’s stock worth $27,681,000 after purchasing an additional 199,317 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Mizuho dropped 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. Jefferies Financial Group restated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark decreased their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Sanford C. Bernstein decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. Finally, StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5.52.

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.