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

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) Director John Douglas Kelso Grant sold 27,923 shares of the company's 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 completion of the sale, the director now owns 29,921 shares in the company, valued at approximately $54,157.01. This represents a 48.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Kosmos Energy Price Performance

NYSE KOS traded up $0.15 during trading hours on Friday, hitting $1.91. 11,016,175 shares of the company's stock traded hands, compared to its average volume of 8,705,861. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm's 50-day moving average is $1.73 and its 200-day moving average is $2.66. Kosmos Energy Ltd. has a 52-week low of $1.39 and a 52-week high of $5.97. The company has a market capitalization of $910.61 million, a PE ratio of 4.33, a PEG ratio of 5.24 and a beta of 1.44.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The company had revenue of $290.43 million for the quarter, compared to analyst estimates of $338.23 million. Equities analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KOS. The Goldman Sachs Group cut their price objective on shares of Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a report on Monday, May 19th. Mizuho cut their price target on shares of Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Benchmark reiterated a "hold" rating on shares of Kosmos Energy in a research report on Thursday. Finally, Wall Street Zen upgraded Kosmos Energy to a "sell" rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of "Hold" and a consensus price target of $4.93.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Kosmos Energy by 22.1% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer's stock valued at $111,586,000 after acquiring an additional 5,906,210 shares during the last quarter. American Century Companies Inc. boosted its stake in Kosmos Energy by 11.3% during the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer's stock worth $101,083,000 after buying an additional 2,997,438 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Kosmos Energy by 9.0% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 25,527,101 shares of the oil and gas producer's stock valued at $58,202,000 after acquiring an additional 2,110,306 shares during the period. William Blair Investment Management LLC lifted its holdings in shares of Kosmos Energy by 28.1% in the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock worth $64,104,000 after acquiring an additional 4,114,499 shares during the last quarter. Finally, Patient Capital Management LLC boosted its position in shares of Kosmos Energy by 81.6% during the 4th quarter. Patient Capital Management LLC now owns 17,147,729 shares of the oil and gas producer's stock worth $58,645,000 after purchasing an additional 7,707,707 shares during the period. 95.33% of the stock is currently owned by institutional investors and hedge funds.

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.

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