Kosmos Energy Ltd. (NYSE:KOS) Stock Position Lowered by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust trimmed its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 34.3% during the 4th quarter, HoldingsChannel reports. The firm owned 5,400 shares of the oil and gas producer’s stock after selling 2,824 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Kosmos Energy were worth $36,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in KOS. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kosmos Energy during the 4th quarter valued at $27,000. Procyon Advisors LLC acquired a new stake in Kosmos Energy during the fourth quarter valued at $74,000. Westhampton Capital LLC purchased a new position in Kosmos Energy in the fourth quarter valued at about $81,000. Valeo Financial Advisors LLC purchased a new position in Kosmos Energy in the third quarter valued at about $104,000. Finally, O Shaughnessy Asset Management LLC increased its position in Kosmos Energy by 25.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 15,888 shares of the oil and gas producer’s stock worth $130,000 after purchasing an additional 3,221 shares during the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Stock Performance

KOS opened at $5.88 on Friday. The stock has a 50-day moving average of $5.89 and a 200-day moving average of $6.42. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.49 and a current ratio of 0.76. Kosmos Energy Ltd. has a 52-week low of $5.23 and a 52-week high of $8.28. The company has a market cap of $2.77 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 0.72 and a beta of 2.37.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. The company had revenue of $507.81 million for the quarter. Kosmos Energy had a net margin of 12.55% and a return on equity of 39.94%. During the same period in the prior year, the business earned $0.23 EPS. As a group, equities research analysts forecast that Kosmos Energy Ltd. will post 0.75 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Andrew G. Inglis sold 166,524 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 value of $1,004,139.72. Following the transaction, the chief executive officer now directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Jason Doughty sold 66,616 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $401,694.48. Following the completion of the transaction, the senior vice president now directly owns 1,458,018 shares in the company, valued at $8,791,848.54. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew G. Inglis sold 166,524 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $1,004,139.72. Following the completion of the sale, the chief executive officer now owns 3,909,135 shares in the company, valued at approximately $23,572,084.05. The disclosure for this sale can be found here. Insiders sold a total of 335,337 shares of company stock valued at $2,022,082 in the last quarter. Insiders own 1.79% of the company’s stock.

Analyst Upgrades and Downgrades

KOS has been the subject of several research reports. TheStreet lowered Kosmos Energy from a “b” rating to a “c+” rating in a report on Monday, February 26th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $9.63.

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.