Wetzel Investment Advisors Inc. Invests $27,000 in Kosmos Energy Ltd. (NYSE:KOS)

Wetzel Investment Advisors Inc. bought a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,061 shares of the oil and gas producer’s stock, valued at approximately $27,000.

Several other large investors have also made changes to their positions in KOS. PNC Financial Services Group Inc. raised its stake in shares of Kosmos Energy by 143.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the oil and gas producer’s stock worth $26,000 after buying an additional 2,110 shares during the period. Captrust Financial Advisors raised its stake in Kosmos Energy by 50.1% in the 1st quarter. Captrust Financial Advisors now owns 4,394 shares of the oil and gas producer’s stock valued at $32,000 after purchasing an additional 1,467 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Kosmos Energy in the 1st quarter valued at $45,000. Boothbay Fund Management LLC acquired a new position in Kosmos Energy in the 2nd quarter valued at $60,000. Finally, Envestnet Asset Management Inc. acquired a new position in Kosmos Energy in the 2nd quarter valued at $65,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KOS has been the subject of several recent research reports. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. TheStreet cut Kosmos Energy from a “b” rating to a “c+” rating in a report on Monday, February 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.63.

Kosmos Energy Price Performance

KOS stock opened at $5.98 on Monday. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.76 and a quick ratio of 0.49. Kosmos Energy Ltd. has a 1 year low of $5.23 and a 1 year high of $8.28. The firm has a market capitalization of $2.82 billion, a P/E ratio of 13.59, a P/E/G ratio of 0.74 and a beta of 2.37. The business’s 50-day moving average is $5.88 and its two-hundred day moving average is $6.44.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. The firm had revenue of $507.81 million for the quarter. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. During the same quarter in the prior year, the business earned $0.23 EPS. Analysts anticipate that Kosmos Energy Ltd. will post 0.75 earnings per share for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In related news, CEO Andrew G. Inglis sold 166,524 shares of Kosmos Energy stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $1,004,139.72. Following the sale, the chief executive officer now directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CAO Ronald W. Glass sold 17,525 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $105,675.75. Following the completion of the transaction, the chief accounting officer now directly owns 290,855 shares of the company’s stock, valued at $1,753,855.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew G. Inglis sold 166,524 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $1,004,139.72. Following the completion of the transaction, the chief executive officer now directly owns 3,909,135 shares of the company’s stock, valued at $23,572,084.05. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 335,337 shares of company stock worth $2,022,082. 1.79% of the stock is currently owned by insiders.

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.