Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC lessened its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 83.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,667 shares of the oil and gas producer's stock after selling 228,716 shares during the quarter. Woodmont Investment Counsel LLC's holdings in Kosmos Energy were worth $102,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. VSM Wealth Advisory LLC acquired a new stake in shares of Kosmos Energy in the 4th quarter valued at about $34,000. Disciplined Investors L.L.C. purchased a new stake in Kosmos Energy in the fourth quarter valued at approximately $36,000. Boothbay Fund Management LLC acquired a new stake in shares of Kosmos Energy in the fourth quarter valued at approximately $45,000. Inscription Capital LLC acquired a new stake in shares of Kosmos Energy in the first quarter valued at approximately $46,000. Finally, Sapient Capital LLC grew its position in shares of Kosmos Energy by 125.4% during the first quarter. Sapient Capital LLC now owns 24,161 shares of the oil and gas producer's stock worth $55,000 after acquiring an additional 13,441 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.

Kosmos Energy Stock Performance

Kosmos Energy stock traded down $0.07 during trading hours on Wednesday, reaching $1.87. 6,410,976 shares of the stock were exchanged, compared to its average volume of 9,181,165. Kosmos Energy Ltd. has a 52-week low of $1.39 and a 52-week high of $5.97. The stock has a market cap of $893.88 million, a P/E ratio of -62.31 and a beta of 1.44. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.40 and a current ratio of 0.76. The firm's 50 day moving average is $1.82 and its 200 day moving average is $2.50.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.07). Kosmos Energy had a negative return on equity of 0.63% and a negative net margin of 0.80%. The firm had revenue of $290.43 million for the quarter, compared to analysts' expectations of $338.23 million. Analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John Douglas Kelso Grant sold 27,923 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $1.81, for a total value of $50,540.63. Following the completion of the sale, the director now owns 29,921 shares in the company, valued at $54,157.01. This trade represents a 48.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.99% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

KOS has been the subject of a number of recent research reports. The Goldman Sachs Group decreased their price target on shares of Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Wall Street Zen raised shares of Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Benchmark reissued a "hold" rating on shares of Kosmos Energy in a report on Thursday, June 5th. Finally, Mizuho dropped their price target on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $4.93.

Kosmos Energy 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.