Kosmos Energy (NYSE:KOS) Trading Down 4.4%

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) was down 4.4% on Wednesday . The company traded as low as $5.55 and last traded at $5.62. Approximately 9,800,525 shares were traded during trading, an increase of 34% from the average daily volume of 7,327,632 shares. The stock had previously closed at $5.88.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on KOS. StockNews.com raised Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, March 15th. TheStreet cut shares of Kosmos Energy from a "b" rating to a "c+" rating in a report on Monday, February 26th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Kosmos Energy has an average rating of "Moderate Buy" and an average price target of $9.63.

Kosmos Energy Price Performance

The firm has a market capitalization of $2.74 billion, a P/E ratio of 13.22, a P/E/G ratio of 0.73 and a beta of 2.37. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.76 and a quick ratio of 0.49. The stock's fifty day simple moving average is $5.84 and its 200 day simple moving average is $6.57.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. The firm had revenue of $507.81 million during the quarter. Kosmos Energy had a net margin of 12.55% and a return on equity of 39.94%. During the same quarter last year, the firm earned $0.23 EPS. On average, equities research analysts predict that Kosmos Energy Ltd. will post 0.75 EPS for the current year.

Insider Buying and Selling at Kosmos Energy

In related news, CAO Ronald W. Glass sold 17,525 shares of Kosmos Energy stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $105,675.75. Following the completion of the sale, the chief accounting officer now directly owns 290,855 shares in the company, valued at approximately $1,753,855.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Kosmos Energy news, CAO Ronald W. Glass sold 17,525 shares of Kosmos Energy stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $105,675.75. Following the completion of the sale, the chief accounting officer now owns 290,855 shares of the company's stock, valued at approximately $1,753,855.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew G. Inglis sold 166,524 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $1,004,139.72. Following the completion of the transaction, the chief executive officer now directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 335,337 shares of company stock worth $2,022,082. 1.79% of the stock is owned by insiders.

Institutional Trading of Kosmos Energy

Large investors have recently made changes to their positions in the business. FMR LLC grew its position in Kosmos Energy by 7.4% during the 3rd quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer's stock worth $502,455,000 after purchasing an additional 4,208,188 shares during the period. BlackRock Inc. grew its holdings in Kosmos Energy by 5.6% during the second quarter. BlackRock Inc. now owns 41,914,937 shares of the oil and gas producer's stock worth $251,070,000 after acquiring an additional 2,228,401 shares during the period. State Street Corp raised its position in Kosmos Energy by 22.6% during the first quarter. State Street Corp now owns 25,401,775 shares of the oil and gas producer's stock valued at $182,639,000 after acquiring an additional 4,679,471 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Kosmos Energy by 13.7% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 22,338,054 shares of the oil and gas producer's stock valued at $182,725,000 after acquiring an additional 2,690,342 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its position in Kosmos Energy by 9.7% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 20,964,316 shares of the oil and gas producer's stock worth $171,488,000 after purchasing an additional 1,845,273 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

About Kosmos Energy

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.