Cushing Asset Management LP acquired a new position in Kosmos Energy Ltd (NYSE:KOS) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 161,000 shares of the oil and gas producer’s stock, valued at approximately $1,103,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. grew its stake in Kosmos Energy by 2.5% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 8,938,750 shares of the oil and gas producer’s stock valued at $61,230,000 after acquiring an additional 219,195 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Kosmos Energy by 13.8% during the third quarter. Dimensional Fund Advisors LP now owns 8,088,019 shares of the oil and gas producer’s stock valued at $64,381,000 after acquiring an additional 979,199 shares in the last quarter. Janus Henderson Group PLC grew its stake in Kosmos Energy by 39.9% during the third quarter. Janus Henderson Group PLC now owns 7,619,305 shares of the oil and gas producer’s stock valued at $60,613,000 after acquiring an additional 2,174,305 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Kosmos Energy by 3.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,128,774 shares of the oil and gas producer’s stock valued at $48,832,000 after acquiring an additional 250,942 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Kosmos Energy by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,910,700 shares of the oil and gas producer’s stock valued at $13,088,000 after acquiring an additional 25,810 shares in the last quarter. 98.80% of the stock is owned by institutional investors.
Several research firms recently weighed in on KOS. Royal Bank of Canada cut shares of Kosmos Energy from an “outperform” rating to a “sector perform” rating in a research note on Monday, February 5th. Jefferies Group raised shares of Kosmos Energy from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research note on Tuesday, March 13th. BMO Capital Markets set a $10.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a research note on Monday, February 26th. ValuEngine cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Finally, Bank of America raised shares of Kosmos Energy from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $9.36.
KOS stock traded down $0.09 during trading on Friday, hitting $6.16. 1,544,839 shares of the company’s stock traded hands, compared to its average volume of 1,833,874. Kosmos Energy Ltd has a 52 week low of $5.15 and a 52 week high of $8.62. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $2,473.17, a P/E ratio of -18.67 and a beta of 1.53.
Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, February 26th. The oil and gas producer reported ($0.10) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.01. The business had revenue of $187.10 million during the quarter, compared to analyst estimates of $182.28 million. Kosmos Energy had a negative net margin of 34.98% and a negative return on equity of 12.49%. Kosmos Energy’s quarterly revenue was down 11.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.01) earnings per share. analysts anticipate that Kosmos Energy Ltd will post -0.12 EPS for the current year.
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Kosmos Energy Company 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.
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