Zeke Capital Advisors LLC cut its position in Kosmos Energy Ltd (NYSE:KOS) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 384,348 shares of the oil and gas producer’s stock after selling 53,360 shares during the quarter. Zeke Capital Advisors LLC’s holdings in Kosmos Energy were worth $2,191,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Metropolitan Life Insurance Co NY bought a new stake in shares of Kosmos Energy during the 1st quarter valued at about $54,000. Bank of New York Mellon Corp boosted its stake in Kosmos Energy by 20.9% during the second quarter. Bank of New York Mellon Corp now owns 1,192,000 shares of the oil and gas producer’s stock worth $7,474,000 after acquiring an additional 205,858 shares in the last quarter. Northern Trust Corp grew its holdings in Kosmos Energy by 5.5% in the second quarter. Northern Trust Corp now owns 1,398,433 shares of the oil and gas producer’s stock worth $8,768,000 after purchasing an additional 72,966 shares during the period. Parametric Portfolio Associates LLC grew its holdings in Kosmos Energy by 1.0% in the second quarter. Parametric Portfolio Associates LLC now owns 876,286 shares of the oil and gas producer’s stock worth $5,494,000 after purchasing an additional 8,696 shares during the period. Finally, AXA purchased a new stake in Kosmos Energy in the second quarter worth about $376,000. Institutional investors and hedge funds own 92.79% of the company’s stock.
Several equities analysts have recently issued reports on KOS shares. Berenberg Bank reiterated a “buy” rating and set a $11.00 target price on shares of Kosmos Energy in a report on Monday, November 11th. Barclays set a $8.00 price target on Kosmos Energy and gave the stock a “buy” rating in a research note on Thursday, October 10th. ValuEngine upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Finally, Zacks Investment Research lowered Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $7.99.
Shares of KOS traded up $0.07 during trading hours on Friday, hitting $6.57. The company had a trading volume of 26,424 shares, compared to its average volume of 4,979,836. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of -13.98 and a beta of 1.98. The firm has a fifty day moving average price of $5.81 and a 200-day moving average price of $6.08. Kosmos Energy Ltd has a 52-week low of $4.43 and a 52-week high of $7.55. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.87 and a current ratio of 1.16.
Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. The company had revenue of $357.00 million for the quarter, compared to the consensus estimate of $349.03 million. Kosmos Energy had a net margin of 12.18% and a negative return on equity of 2.68%. Kosmos Energy’s revenue for the quarter was up 42.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.23) EPS. Research analysts anticipate that Kosmos Energy Ltd will post 0.01 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd were issued a $0.045 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.18 annualized dividend and a yield of 2.74%. Kosmos Energy’s dividend payout ratio (DPR) is presently -38.30%.
Kosmos Energy Profile
Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. Its primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. The company also maintains an exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins.
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