Kosmos Energy (KOS) Trading Down 5.4%

Kosmos Energy Ltd (NYSE:KOS) fell 5.4% during trading on Tuesday . The company traded as low as $5.61 and last traded at $5.62. 4,280,492 shares were traded during trading, an increase of 25% from the average session volume of 3,423,952 shares. The stock had previously closed at $5.94.

A number of research firms recently commented on KOS. Barclays set a $9.00 price target on Kosmos Energy and gave the stock a “buy” rating in a research report on Thursday, January 10th. TheStreet lowered Kosmos Energy from a “c-” rating to a “d+” rating in a research report on Friday, December 14th. Exane BNP Paribas lowered Kosmos Energy from an “outperform” rating to a “neutral” rating in a research report on Monday, December 10th. ValuEngine lowered Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, October 23rd. Finally, Zacks Investment Research lowered Kosmos Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $9.77.

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The stock has a market cap of $2.58 billion, a P/E ratio of -17.03 and a beta of 2.13. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.02 and a quick ratio of 0.88.

In other Kosmos Energy news, Director David Benjamin Krieger sold 52,250,000 shares of the stock in a transaction on Monday, November 26th. The stock was sold at an average price of $5.40, for a total value of $282,150,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.76% of the stock is currently owned by company insiders.

Several hedge funds have recently bought and sold shares of KOS. Raymond James Trust N.A. acquired a new position in shares of Kosmos Energy in the 4th quarter valued at $41,000. Intrust Bank NA acquired a new position in shares of Kosmos Energy in the 4th quarter valued at $41,000. AlphaCrest Capital Management LLC acquired a new position in shares of Kosmos Energy in the 4th quarter valued at $55,000. Hsbc Holdings PLC lifted its stake in shares of Kosmos Energy by 17.1% in the 4th quarter. Hsbc Holdings PLC now owns 19,955 shares of the oil and gas producer’s stock valued at $81,000 after purchasing an additional 2,911 shares during the period. Finally, CWM Advisors LLC lifted its stake in shares of Kosmos Energy by 88.5% in the 4th quarter. CWM Advisors LLC now owns 22,151 shares of the oil and gas producer’s stock valued at $90,000 after purchasing an additional 10,398 shares during the period. 93.25% of the stock is currently owned by institutional investors.

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About Kosmos Energy (NYSE:KOS)

Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.

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