Kosmos Energy Ltd. (NYSE:KOS) Receives Consensus Rating of “Hold” from Analysts

Kosmos Energy Ltd. (NYSE:KOS) has earned an average recommendation of “Hold” from the nine ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $2.0786.

A number of analysts have weighed in on KOS shares. The Goldman Sachs Group raised their price target on Kosmos Energy from $1.75 to $2.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Mizuho cut their target price on Kosmos Energy from $2.00 to $1.50 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Bank of America reaffirmed an “underperform” rating and issued a $1.00 price target (down from $3.40) on shares of Kosmos Energy in a report on Friday, December 5th. Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $1.70 to $0.80 and set a “market perform” rating on the stock in a report on Monday, January 5th. Finally, Clarkson Capital began coverage on shares of Kosmos Energy in a report on Friday, October 24th. They issued a “buy” rating and a $4.00 target price for the company.

Kosmos Energy Stock Performance

NYSE:KOS opened at $1.68 on Friday. The company has a market cap of $801.20 million, a P/E ratio of -2.46 and a beta of 0.90. Kosmos Energy has a twelve month low of $0.84 and a twelve month high of $3.49. The company’s 50-day moving average price is $1.18 and its 200-day moving average price is $1.45. The company has a current ratio of 0.52, a quick ratio of 0.29 and a debt-to-equity ratio of 3.04.

Insider Buying and Selling at Kosmos Energy

In other news, CEO Andrew G. Inglis sold 44,628 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $1.42, for a total transaction of $63,371.76. Following the completion of the transaction, the chief executive officer directly owned 4,227,017 shares of the company’s stock, valued at approximately $6,002,364.14. This represents a 1.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Josh R. Marion sold 19,656 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $1.37, for a total value of $26,928.72. Following the completion of the transaction, the senior vice president owned 197,409 shares of the company’s stock, valued at $270,450.33. The trade was a 9.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 272,844 shares of company stock worth $377,592 in the last quarter. 1.99% of the stock is currently owned by company insiders.

Institutional Trading of Kosmos Energy

A number of institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of Kosmos Energy by 56.7% during the first quarter. AQR Capital Management LLC now owns 387,739 shares of the oil and gas producer’s stock valued at $884,000 after acquiring an additional 140,261 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Kosmos Energy by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 278,082 shares of the oil and gas producer’s stock worth $634,000 after purchasing an additional 12,045 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Kosmos Energy by 21.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,541,006 shares of the oil and gas producer’s stock worth $5,793,000 after buying an additional 443,384 shares in the last quarter. Strs Ohio acquired a new position in shares of Kosmos Energy in the first quarter valued at approximately $120,000. Finally, KLP Kapitalforvaltning AS lifted its stake in shares of Kosmos Energy by 46.5% during the second quarter. KLP Kapitalforvaltning AS now owns 125,400 shares of the oil and gas producer’s stock valued at $216,000 after buying an additional 39,800 shares during the period. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

About Kosmos Energy

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.