Two Sigma Securities LLC Sells 12,452 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Two Sigma Securities LLC lessened its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS) by 18.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,589 shares of the oil and gas producer’s stock after selling 12,452 shares during the quarter. Two Sigma Securities LLC’s holdings in Kosmos Energy were worth $190,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new position in Kosmos Energy during the fourth quarter valued at $34,000. Disciplined Investors L.L.C. purchased a new position in shares of Kosmos Energy during the fourth quarter valued at about $36,000. Sapient Capital LLC bought a new stake in shares of Kosmos Energy in the fourth quarter worth about $37,000. Ballentine Partners LLC bought a new position in Kosmos Energy during the fourth quarter valued at approximately $58,000. Finally, RPO LLC purchased a new position in Kosmos Energy during the 4th quarter valued at approximately $59,000. 95.33% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Josh R. Marion sold 16,144 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at approximately $536,817.84. This represents a 8.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Nealesh D. Shah sold 56,987 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $177,799.44. Following the completion of the sale, the chief financial officer now owns 1,711,580 shares of the company’s stock, valued at $5,340,129.60. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 503,970 shares of company stock worth $1,572,386 in the last three months. Corporate insiders own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on KOS shares. The Goldman Sachs Group lowered their target price on Kosmos Energy from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday. Benchmark cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. One equities 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’s stock. According to data from MarketBeat.com, Kosmos Energy has a consensus rating of “Hold” and an average price target of $5.18.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $1.53 on Thursday. Kosmos Energy Ltd. has a 1-year low of $1.39 and a 1-year high of $6.33. The company’s 50-day moving average is $2.06 and its 200 day moving average is $3.06. The firm has a market capitalization of $728.81 million, a P/E ratio of 3.47, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The business had revenue of $397.66 million for the quarter, compared to analysts’ expectations of $387.60 million. Research analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Kosmos Energy 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.