First Quadrant L P CA Sells 731,403 Shares of Kosmos Energy Ltd (NYSE:KOS)

First Quadrant L P CA decreased its holdings in shares of Kosmos Energy Ltd (NYSE:KOS) by 83.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,174 shares of the oil and gas producer’s stock after selling 731,403 shares during the period. First Quadrant L P CA’s holdings in Kosmos Energy were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in KOS. Metropolitan Life Insurance Co NY bought a new position in Kosmos Energy during the first quarter worth about $54,000. Bank of New York Mellon Corp lifted its stake in Kosmos Energy by 130.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,977,398 shares of the oil and gas producer’s stock worth $16,971,000 after purchasing an additional 1,682,778 shares during the period. Bank of America Corp DE lifted its stake in Kosmos Energy by 93.5% during the fourth quarter. Bank of America Corp DE now owns 649,733 shares of the oil and gas producer’s stock worth $3,704,000 after purchasing an additional 313,886 shares during the period. Man Group plc lifted its stake in Kosmos Energy by 2,944.0% during the fourth quarter. Man Group plc now owns 900,143 shares of the oil and gas producer’s stock worth $5,131,000 after purchasing an additional 870,572 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Kosmos Energy by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 3,862,924 shares of the oil and gas producer’s stock worth $22,018,000 after purchasing an additional 125,125 shares during the period. Hedge funds and other institutional investors own 82.86% of the company’s stock.

KOS stock opened at $1.61 on Friday. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.19 and a quick ratio of 0.92. The company has a 50 day moving average price of $1.77 and a 200 day moving average price of $2.51. Kosmos Energy Ltd has a fifty-two week low of $0.50 and a fifty-two week high of $7.55. The stock has a market capitalization of $652.36 million, a PE ratio of -3.50 and a beta of 3.45.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, May 11th. The oil and gas producer reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.01). Kosmos Energy had a negative return on equity of 7.93% and a negative net margin of 13.35%. The company had revenue of $177.78 million during the quarter, compared to the consensus estimate of $234.50 million. As a group, equities analysts expect that Kosmos Energy Ltd will post -0.63 earnings per share for the current fiscal year.

A number of research analysts have commented on KOS shares. Zacks Investment Research upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, May 13th. ValuEngine upgraded shares of Kosmos Energy from a “hold” rating to a “buy” rating in a research note on Friday, May 1st. Goldman Sachs Group cut shares of Kosmos Energy from a “buy” rating to a “neutral” rating and set a $2.00 target price for the company. in a research note on Thursday, May 14th. Investec cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Barclays reiterated a “hold” rating and issued a $1.50 target price on shares of Kosmos Energy in a research note on Friday, May 15th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $2.48.

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

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