Cibc World Markets Corp Invests $150,000 in Kosmos Energy Ltd. (NYSE:KOS)

Cibc World Markets Corp acquired a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 43,786 shares of the oil and gas producer’s stock, valued at approximately $150,000.

A number of other large investors have also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Kosmos Energy by 11.3% during 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 purchasing an additional 172,966 shares during the last quarter. Equinox Partners Investment Management LLC lifted its stake in shares of Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after buying an additional 3,218,394 shares during the period. State of New Jersey Common Pension Fund D boosted its position in Kosmos Energy by 33.2% during the fourth 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 during the last quarter. Barclays PLC grew its stake in 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 worth $12,221,000 after acquiring an additional 962,057 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in 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 valued at $85,202,000 after acquiring an additional 1,588,990 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Insider Buying and Selling at Kosmos Energy

In related news, SVP Josh R. Marion sold 16,144 shares of the firm’s 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 sale, the senior vice president now directly owns 172,057 shares in the company, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Nealesh D. Shah sold 56,987 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $177,799.44. Following the transaction, the chief financial officer now directly owns 1,711,580 shares in the company, valued at $5,340,129.60. This trade represents 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 valued at $1,572,386 over the last three months. 2.02% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Kosmos Energy Stock Down 1.5 %

KOS opened at $2.31 on Friday. Kosmos Energy Ltd. has a 1 year low of $2.07 and a 1 year high of $6.58. The firm has a 50 day moving average price of $2.84 and a 200 day moving average price of $3.49. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a market cap of $1.10 billion, a PE ratio of 5.24, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS 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 net margin of 12.21% and a return on equity of 31.08%. Sell-side analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share 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.