Kosmos Energy (NYSE:KOS – Get Free Report) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
Separately, Stifel Nicolaus initiated coverage on Kosmos Energy in a research note on Monday, November 20th. They set a “buy” rating and a $10.00 price target for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.53.
Kosmos Energy Stock Performance
Shares of KOS opened at $5.96 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 2.39. The company’s 50 day simple moving average is $6.34 and its 200-day simple moving average is $6.90. Kosmos Energy has a 12-month low of $5.28 and a 12-month high of $8.55. The firm has a market cap of $2.74 billion, a PE ratio of 37.25, a price-to-earnings-growth ratio of 0.42 and a beta of 2.43.
Insider Transactions at Kosmos Energy
In other Kosmos Energy news, CAO Ronald W. Glass sold 17,525 shares of Kosmos Energy 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 owns 290,855 shares in the company, valued at approximately $1,753,855.65. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Kosmos Energy news, CAO Ronald W. Glass sold 17,525 shares of the business’s stock in a transaction dated 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 can be accessed through this hyperlink. Also, SVP Jason Doughty sold 66,616 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $401,694.48. Following the transaction, the senior vice president now directly owns 1,458,018 shares of the company’s stock, valued at $8,791,848.54. The disclosure for this sale can be found here. In the last quarter, insiders have sold 335,337 shares of company stock valued at $2,022,082. 1.79% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of KOS. Ameritas Investment Partners Inc. grew its stake in shares of Kosmos Energy by 4.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 37,724 shares of the oil and gas producer’s stock valued at $226,000 after buying an additional 1,460 shares during the period. Captrust Financial Advisors raised its holdings in Kosmos Energy by 50.1% during the 1st quarter. Captrust Financial Advisors now owns 4,394 shares of the oil and gas producer’s stock valued at $32,000 after acquiring an additional 1,467 shares during the period. Advisory Services Network LLC increased its holdings in shares of Kosmos Energy by 5.8% in the first quarter. Advisory Services Network LLC now owns 27,425 shares of the oil and gas producer’s stock worth $197,000 after purchasing an additional 1,500 shares during the period. Metropolitan Life Insurance Co NY grew its position in Kosmos Energy by 6.8% in the second quarter. Metropolitan Life Insurance Co NY now owns 24,755 shares of the oil and gas producer’s stock worth $148,000 after acquiring an additional 1,568 shares in the last quarter. Finally, Royal Bank of Canada grew its position in Kosmos Energy by 5.1% in the first quarter. Royal Bank of Canada now owns 33,606 shares of the oil and gas producer’s stock worth $241,000 after acquiring an additional 1,618 shares in the last quarter. 91.24% of the stock is owned by institutional investors.
Kosmos Energy Company Profile
Kosmos Energy Ltd. engages in the exploration and production of oil and gas properties 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 a gas projects located in offshore Mauritania and Senegal.