Kosmos Energy Ltd. (NYSE:KOS) SVP Josh R. Marion Sells 16,144 Shares

Kosmos Energy Ltd. (NYSE:KOS) SVP Josh R. Marion sold 16,144 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the sale, the senior vice president now directly owns 172,057 shares in the company, valued at approximately $536,817.84. This represents a 8.58 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $3.01 on Friday. Kosmos Energy Ltd. has a 52 week low of $2.62 and a 52 week high of $6.58. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 4.67 and a beta of 2.41. The firm has a fifty day moving average of $3.43 and a two-hundred day moving average of $4.05.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of research reports. Mizuho reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Benchmark cut their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Sanford C. Bernstein lowered their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Kosmos Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

Institutional Investors Weigh In On Kosmos Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its position in shares of Kosmos Energy by 26.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 341,300 shares of the oil and gas producer’s stock worth $1,891,000 after buying an additional 71,632 shares during the period. Marshall Wace LLP boosted its stake in Kosmos Energy by 97.9% during the 2nd quarter. Marshall Wace LLP now owns 250,735 shares of the oil and gas producer’s stock worth $1,389,000 after acquiring an additional 124,058 shares during the last quarter. AQR Capital Management LLC boosted its stake in Kosmos Energy by 80.2% during the 2nd quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer’s stock worth $1,693,000 after acquiring an additional 136,029 shares during the last quarter. Millennium Management LLC grew its holdings in Kosmos Energy by 34.9% during the second quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock valued at $12,976,000 after purchasing an additional 606,195 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Kosmos Energy by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 257,887 shares of the oil and gas producer’s stock valued at $1,429,000 after purchasing an additional 8,197 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

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.