Boston Partners increased its position in Kosmos Energy Ltd. (NYSE:KOS) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,924,580 shares of the oil and gas producer’s stock after buying an additional 34,407 shares during the period. Boston Partners owned about 1.52% of Kosmos Energy worth $47,160,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of KOS. Quantitative Systematic Strategies LLC acquired a new position in shares of Kosmos Energy in the third quarter valued at approximately $118,000. Teacher Retirement System of Texas raised its position in shares of Kosmos Energy by 24.6% in the second quarter. Teacher Retirement System of Texas now owns 19,167 shares of the oil and gas producer’s stock valued at $123,000 after buying an additional 3,778 shares during the last quarter. Creative Planning purchased a new stake in Kosmos Energy in the second quarter valued at approximately $128,000. Comerica Bank grew its holdings in Kosmos Energy by 19.3% in the second quarter. Comerica Bank now owns 22,376 shares of the oil and gas producer’s stock valued at $140,000 after purchasing an additional 3,626 shares during the period. Finally, QS Investors LLC grew its holdings in Kosmos Energy by 192.3% in the second quarter. QS Investors LLC now owns 22,800 shares of the oil and gas producer’s stock valued at $146,000 after purchasing an additional 15,000 shares during the period.
A number of equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Thursday. Bank of America Corporation assumed coverage on shares of Kosmos Energy in a report on Friday, September 29th. They issued a “neutral” rating and a $9.00 target price for the company. BMO Capital Markets restated a “buy” rating and issued a $9.00 target price on shares of Kosmos Energy in a report on Wednesday, September 27th. Royal Bank Of Canada set a $15.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a report on Friday, October 27th. Finally, Jefferies Group LLC downgraded shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.50.
Shares of Kosmos Energy Ltd. (KOS) opened at $8.37 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.66 and a debt-to-equity ratio of 1.07. Kosmos Energy Ltd. has a 52 week low of $4.39 and a 52 week high of $8.62.
Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Kosmos Energy had a negative return on equity of 8.88% and a negative net margin of 23.83%. The business had revenue of $151.20 million for the quarter, compared to analysts’ expectations of $149.10 million. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. Kosmos Energy’s quarterly revenue was up 126.9% compared to the same quarter last year. research analysts expect that Kosmos Energy Ltd. will post -0.34 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This article was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2017/11/12/boston-partners-has-47-16-million-stake-in-kosmos-energy-ltd-kos.html.
Kosmos Energy Profile
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
Receive News & Ratings for Kosmos Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.