Xponance Inc. Raises Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

Xponance Inc. lifted its position in Kosmos Energy Ltd. (NYSE:KOS) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,047 shares of the oil and gas producer’s stock after purchasing an additional 6,460 shares during the period. Xponance Inc.’s holdings in Kosmos Energy were worth $127,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Kosmos Energy by 11.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock worth $6,860,000 after buying an additional 172,966 shares during the period. Equinox Partners Investment Management LLC grew its holdings in Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after acquiring an additional 3,218,394 shares in the last quarter. State of New Jersey Common Pension Fund D grew its holdings in Kosmos Energy by 33.2% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 536,870 shares of the oil and gas producer’s stock worth $1,836,000 after acquiring an additional 133,704 shares in the last quarter. Barclays PLC raised its holdings in shares of Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after purchasing an additional 962,057 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in shares of Kosmos Energy by 8.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after purchasing an additional 1,588,990 shares during the period. Institutional investors own 95.33% of the company’s stock.

Insider Buying and Selling at Kosmos Energy

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the sale, the chief accounting officer now directly owns 320,231 shares of the company’s stock, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Josh R. Marion sold 16,144 shares of the stock in a transaction dated 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 directly owns 172,057 shares of the company’s stock, valued at $536,817.84. This represents a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last ninety days. Corporate insiders own 2.02% of the company’s stock.

Kosmos Energy Stock Down 4.1 %

KOS opened at $2.22 on Friday. The company has a market cap of $1.06 billion, a PE ratio of 5.03, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31. The company has a 50-day moving average price of $2.81 and a 200 day moving average price of $3.47. Kosmos Energy Ltd. has a twelve month low of $2.07 and a twelve month high of $6.58. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Mizuho lowered their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Benchmark downgraded Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, The Goldman Sachs Group reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Kosmos Energy has a consensus rating of “Hold” and an average target price of $5.27.

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.