Dimensional Fund Advisors LP Raises Stake in Kosmos Energy Ltd (NYSE:KOS)

Dimensional Fund Advisors LP raised its position in Kosmos Energy Ltd (NYSE:KOS) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,088,019 shares of the oil and gas producer’s stock after acquiring an additional 979,199 shares during the quarter. Dimensional Fund Advisors LP owned 2.08% of Kosmos Energy worth $64,381,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Capital World Investors grew its position in shares of Kosmos Energy by 211.1% during the second quarter. Capital World Investors now owns 12,166,289 shares of the oil and gas producer’s stock worth $77,986,000 after buying an additional 8,255,929 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Kosmos Energy in the second quarter worth $34,877,000. Capital Research Global Investors boosted its holdings in Kosmos Energy by 15.9% in the second quarter. Capital Research Global Investors now owns 30,153,256 shares of the oil and gas producer’s stock worth $193,282,000 after purchasing an additional 4,130,107 shares during the period. Prudential PLC lifted its stake in Kosmos Energy by 17.4% in the second quarter. Prudential PLC now owns 13,751,861 shares of the oil and gas producer’s stock valued at $88,149,000 after buying an additional 2,036,371 shares during the last quarter. Finally, UBS Asset Management Americas Inc. lifted its stake in Kosmos Energy by 755.7% in the second quarter. UBS Asset Management Americas Inc. now owns 1,744,168 shares of the oil and gas producer’s stock valued at $11,180,000 after buying an additional 1,540,327 shares during the last quarter.

In other news, Director Yves-Louis Darricarrere sold 14,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $8.57, for a total transaction of $119,980.00. Following the sale, the director now directly owns 65,191 shares in the company, valued at $558,686.87. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.80% of the stock is owned by insiders.

A number of equities research analysts have issued reports on KOS shares. Zacks Investment Research upgraded Kosmos Energy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 20th. BMO Capital Markets restated a “buy” rating and set a $9.00 price objective on shares of Kosmos Energy in a research note on Wednesday, September 27th. Bank of America assumed coverage on shares of Kosmos Energy in a research note on Friday, September 29th. They set a “neutral” rating and a $9.00 price objective on the stock. Jefferies Group lowered Kosmos Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, TheStreet raised Kosmos Energy from a “d+” rating to a “c-” rating in a report on Friday, October 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $9.45.

Shares of Kosmos Energy Ltd (NYSE KOS) opened at $6.98 on Friday. Kosmos Energy Ltd has a 1-year low of $5.53 and a 1-year high of $8.62. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.39 and a current ratio of 1.66. The stock has a market capitalization of $2,670.98, a PE ratio of -17.45 and a beta of 1.57.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters’ 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 company had revenue of $151.20 million during the quarter, compared to analyst estimates of $149.10 million. During the same quarter last year, the firm posted ($0.09) earnings per share. The firm’s revenue for the quarter was up 126.9% compared to the same quarter last year. sell-side analysts anticipate that Kosmos Energy Ltd will post -0.34 earnings per share for the current year.

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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.

Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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