Sapient Capital LLC Takes Position in Kosmos Energy Ltd. (NYSE:KOS)

Sapient Capital LLC bought a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 10,720 shares of the oil and gas producer’s stock, valued at approximately $37,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KOS. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy during the 3rd quarter worth about $28,000. Signaturefd LLC grew its holdings in Kosmos Energy by 39,777.8% during the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 10,740 shares during the period. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy during the third quarter worth approximately $43,000. Naviter Wealth LLC bought a new stake in Kosmos Energy in the third quarter valued at approximately $48,000. Finally, Caprock Group LLC acquired a new stake in shares of Kosmos Energy in the third quarter valued at approximately $48,000. 95.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of recent analyst reports. Benchmark decreased their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Mizuho dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Sanford C. Bernstein reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy has an average rating of “Moderate Buy” and a consensus price target of $5.52.

Insider Buying and Selling at Kosmos Energy

In other news, CEO Andrew G. Inglis sold 138,689 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $432,709.68. Following the completion of the sale, the chief executive officer now directly owns 3,959,000 shares in the company, valued at approximately $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the sale, the chief accounting officer now directly owns 299,498 shares in the company, valued at $934,433.76. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 in the last quarter. Company insiders own 2.02% of the company’s stock.

Kosmos Energy Trading Down 2.8 %

Shares of Kosmos Energy stock opened at $3.14 on Thursday. Kosmos Energy Ltd. has a 52-week low of $2.62 and a 52-week high of $6.58. The stock has a market cap of $1.48 billion, a PE ratio of 7.14, a PEG ratio of 4.69 and a beta of 2.41. The firm has a 50-day moving average of $3.37 and a 200-day moving average of $3.97. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

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.