Kosmos Energy Ltd. (NYSE:KOS) Director John Douglas Kelso Grant Sells 27,923 Shares

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) Director John Douglas Kelso Grant sold 27,923 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $1.81, for a total value of $50,540.63. Following the sale, the director now directly owns 29,921 shares in the company, valued at $54,157.01. This represents a 48.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kosmos Energy Stock Up 3.9%

Kosmos Energy stock traded up $0.08 during midday trading on Monday, reaching $1.98. The stock had a trading volume of 10,095,138 shares, compared to its average volume of 8,743,817. Kosmos Energy Ltd. has a 12 month low of $1.39 and a 12 month high of $5.97. The company has a market capitalization of $944.07 million, a P/E ratio of 4.49, a PEG ratio of 5.24 and a beta of 1.44. The company has a fifty day moving average price of $1.72 and a two-hundred day moving average price of $2.62. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The firm had revenue of $290.43 million during the quarter, compared to the consensus estimate of $338.23 million. As a group, equities analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on KOS shares. Mizuho cut their target price on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Wall Street Zen raised Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. The Goldman Sachs Group lowered their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Finally, Benchmark reissued a "hold" rating on shares of Kosmos Energy in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $4.93.

Hedge Funds Weigh In On Kosmos Energy

A number of hedge funds have recently added to or reduced their stakes in KOS. Vident Advisory LLC acquired a new position in Kosmos Energy during the 1st quarter valued at about $30,000. VSM Wealth Advisory LLC acquired a new position in Kosmos Energy during the 4th quarter valued at about $34,000. Disciplined Investors L.L.C. acquired a new position in Kosmos Energy during the 4th quarter valued at about $36,000. Sapient Capital LLC acquired a new position in Kosmos Energy during the 4th quarter valued at about $37,000. Finally, Boothbay Fund Management LLC acquired a new position in Kosmos Energy during the 4th quarter valued at about $45,000. Institutional investors and hedge funds 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.