Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass Sells 16,182 Shares

Kosmos Energy Ltd. (NYSE:KOS) CAO Ronald W. Glass sold 16,182 shares of the firm’s stock in a transaction on 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 directly owns 320,231 shares of the company’s stock, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Kosmos Energy Stock Performance

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

Institutional Trading of Kosmos Energy

Hedge funds have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Kosmos Energy by 11.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock worth $6,860,000 after purchasing an additional 172,966 shares in the last quarter. Graham Capital Wealth Management LLC acquired a new stake in Kosmos Energy in the 3rd quarter worth about $2,443,000. Woodmont Investment Counsel LLC raised its stake in Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock worth $1,976,000 after purchasing an additional 283,624 shares in the last quarter. Barclays PLC increased its holdings in Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after buying an additional 962,057 shares during the period. Finally, Millennium Management LLC increased its holdings in Kosmos Energy by 34.9% in the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock valued at $12,976,000 after buying an additional 606,195 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Mizuho decreased their target price on shares of 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 upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Benchmark cut their price target on shares of 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 cut 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 research note on Tuesday, November 5th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.