Kiker Wealth Management LLC Acquires Shares of 202,013 Kosmos Energy Ltd. $KOS

Kiker Wealth Management LLC bought a new stake in Kosmos Energy Ltd. (NYSE:KOS) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 202,013 shares of the oil and gas producer’s stock, valued at approximately $426,000.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors boosted its stake in shares of Kosmos Energy by 93.9% in the 4th quarter. Captrust Financial Advisors now owns 28,601 shares of the oil and gas producer’s stock valued at $26,000 after purchasing an additional 13,854 shares in the last quarter. Cibc World Markets Corp acquired a new position in shares of Kosmos Energy in the fourth quarter valued at approximately $28,000. Kestra Advisory Services LLC bought a new position in shares of Kosmos Energy during the first quarter valued at $31,000. Caerus Investment Advisors LLC bought a new position in Kosmos Energy during the 1st quarter worth $31,000. Finally, Abel Hall LLC acquired a new position in shares of Kosmos Energy in the first quarter worth approximately $36,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on KOS shares. Mizuho raised shares of Kosmos Energy to a “strong sell” rating in a research report on Friday, July 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Kosmos Energy in a research note on Monday, August 3rd. Stephens decreased their target price on Kosmos Energy from $3.00 to $2.40 and set an “equal weight” rating for the company in a research note on Tuesday, July 21st. Royal Bank Of Canada downgraded Kosmos Energy to a “neutral” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised Kosmos Energy from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $2.53.

Insider Buying and Selling at Kosmos Energy

In other news, CEO Andrew G. Inglis sold 85,935 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $2.05, for a total transaction of $176,166.75. Following the completion of the sale, the chief executive officer owned 4,678,043 shares in the company, valued at $9,589,988.15. The trade was a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Douglas Kelso Grant sold 43,466 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $2.73, for a total value of $118,662.18. Following the transaction, the director directly owned 82,311 shares in the company, valued at $224,709.03. The trade was a 34.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 294,580 shares of company stock worth $689,275 in the last quarter. Company insiders own 1.90% of the company’s stock.

Kosmos Energy Trading Up 0.4%

NYSE:KOS opened at $2.54 on Friday. The firm has a fifty day simple moving average of $2.42 and a two-hundred day simple moving average of $2.47. Kosmos Energy Ltd. has a 12 month low of $0.84 and a 12 month high of $3.34. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -2.13, a PEG ratio of 0.19 and a beta of 0.72. The company has a current ratio of 0.59, a quick ratio of 0.38 and a debt-to-equity ratio of 3.58.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, August 3rd. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $607.25 million for the quarter, compared to analysts’ expectations of $483.23 million. Kosmos Energy had a negative net margin of 33.98% and a negative return on equity of 17.73%. Analysts expect that Kosmos Energy Ltd. will post 0.45 EPS for the current fiscal year.

About Kosmos Energy

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.