What’s Propelling Kosmos Energy Ltd (KOS) to Decrease? The Stock Formed a Bearish Head & Shoulders Chart Pattern

September 17, 2017 - By Hazel Jackson

Investors sentiment increased to 1.4 in 2016 Q4. Its up 0.27, from 1.13 in 2016Q3. It increased, as 8 investors sold Kosmos Energy Ltd shares while 35 reduced holdings. 18 funds opened positions while 42 raised stakes. 377.39 million shares or 9.29% more from 345.32 million shares in 2016Q3 were reported.
Friess Assoc Ltd Liability Com reported 201,000 shares. 27,476 are owned by Principal Grp. The California-based Eqis Capital Mgmt Inc has invested 0.01% in Kosmos Energy Ltd (NYSE:KOS). Zurcher Kantonalbank (Zurich Cantonalbank) holds 69,068 shares. Blackrock Inv Management Ltd has invested 0% of its portfolio in Kosmos Energy Ltd (NYSE:KOS). Blackrock Group Limited accumulated 2.93 million shares. Cubist Systematic Strategies Limited Company has invested 0.03% in Kosmos Energy Ltd (NYSE:KOS). Citadel Advsr Limited Liability Company reported 698,941 shares. Ibm Retirement Fund holds 14,107 shares. California State Teachers Retirement owns 335,667 shares or 0% of their US portfolio. Balyasny Asset Mngmt Lc stated it has 0% in Kosmos Energy Ltd (NYSE:KOS). Sei Invs Com accumulated 9,622 shares or 0% of the stock. Blackrock Fund Advsrs invested in 1.81M shares or 0% of the stock. Victory Mgmt owns 3.62M shares or 0.06% of their US portfolio. Fincl Bank Of Montreal Can holds 0.01% of its portfolio in Kosmos Energy Ltd (NYSE:KOS) for 927,905 shares.

Since May 26, 2017, it had 0 insider buys, and 4 insider sales for $716.38 million activity. Another trade for 30.00 million shares valued at $214.50 million was made by BCP IV GP L.L.C. on Friday, May 26. Another trade for 10.00 million shares valued at $72.50 million was sold by Krieger David Benjamin. $214.50M worth of Kosmos Energy Ltd (NYSE:KOS) was sold by Blackstone Holdings III L.P. on Friday, May 26.

The stock of Kosmos Energy Ltd (KOS) formed H&S with $7.12 target or 3.00 % below today’s $7.34 share price. The 5 months Head & Shoulders indicates high risk for the $2.86 billion company. It was reported on Sep, 17 by Faxor.com. If the $7.12 price target is reached, the company will be worth $85.80M less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock increased 0.41% or $0.03 on September 15, reaching $7.34. About 4.67M shares traded or 102.16% up from the average. Kosmos Energy Ltd (NYSE:KOS) has risen 49.41% since September 17, 2016 and is uptrending. It has outperformed by 32.71% the S&P500.

Investors wait Kosmos Energy Ltd (NYSE:KOS) to report on November, 6. its quarterly earnings Wall Street analysts expect $-0.08 earnings per share, up $0.01 or 11.11 % from last year’s $-0.09 same quarter earnings. Kosmos Energy Ltd’s Wall Street analysts see 300.00 % negative EPS growth, taking into account the $-0.02 EPS reproted in the previous quarter,

Kosmos Energy Ltd (NYSE:KOS) Ratings Coverage

Among 12 analysts covering Kosmos Energy (NYSE:KOS), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Kosmos Energy had 33 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Kosmos Energy Ltd (NYSE:KOS) earned “Neutral” rating by Citigroup on Monday, September 14. On Monday, August 7 the stock rating was initiated by Macquarie Research with “Outperform”. RBC Capital Markets downgraded it to “Sector Perform” rating and $7 target in Monday, November 16 report. The stock has “Buy” rating by Jefferies on Friday, June 16. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, February 25. The stock of Kosmos Energy Ltd (NYSE:KOS) earned “Buy” rating by BMO Capital Markets on Monday, April 24. The firm has “Strong Buy” rating given on Wednesday, May 11 by Raymond James. The company was maintained on Wednesday, August 2 by BMO Capital Markets. Jefferies maintained the stock with “Buy” rating in Friday, August 25 report. The firm has “Outperform” rating by Raymond James given on Monday, January 11.

More recent Kosmos Energy Ltd (NYSE:KOS) news were published by: Seekingalpha.com which released: “BP And Kosmos’ Cutting Edge West African LNG Strategy” on September 06, 2017. Also Fool.com published the news titled: “These Dual Fuels Have Kosmos Energy Ltd.’s Stock Soaring Today” on May 08, 2017. Seekingalpha.com‘s news article titled: “Kosmos Energy’s (KOS) CEO Andrew Inglis on Q2 2017 Results – Earnings Call …” with publication date: August 07, 2017 was also an interesting one.

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