Kosmos Energy Ltd. (NYSE:KOS) Given Average Recommendation of “Moderate Buy” by Analysts

Kosmos Energy Ltd. (NYSE:KOS) has earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $5.52.

A number of research firms have issued reports on KOS. Sanford C. Bernstein decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Mizuho decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. Finally, Benchmark decreased their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th.

Insider Activity at Kosmos Energy

In other news, CEO Andrew G. Inglis sold 138,689 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $432,709.68. Following the completion of the transaction, the chief executive officer now owns 3,959,000 shares in the company, valued at $12,352,080. This trade represents a 3.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the transaction, the chief accounting officer now owns 320,231 shares of the company’s stock, valued at $999,120.72. This represents a 4.81 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 503,970 shares of company stock worth $1,572,386. Corporate insiders own 2.02% of the company’s stock.

Hedge Funds Weigh In On Kosmos Energy

Several hedge funds have recently added to or reduced their stakes in the business. Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Kosmos Energy by 22.1% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock worth $111,586,000 after acquiring an additional 5,906,210 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Kosmos Energy by 11.3% in the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock worth $101,083,000 after acquiring an additional 2,997,438 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of Kosmos Energy by 7.3% in 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 acquiring an additional 1,933,216 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in shares of Kosmos Energy by 8.1% in 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 acquiring an additional 1,588,990 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its position 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 worth $64,104,000 after acquiring an additional 4,114,499 shares during the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Kosmos Energy Stock Performance

Shares of NYSE:KOS opened at $2.80 on Friday. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 5.24 and a beta of 2.41. Kosmos Energy has a 12 month low of $2.58 and a 12 month high of $6.58. The firm’s 50-day moving average is $3.32 and its 200 day moving average is $3.81. 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) last announced its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $387.60 million. Research analysts predict that Kosmos Energy will post 0.42 EPS for the current year.

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.