Citigroup Inc. Has $5.16 Million Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

Citigroup Inc. boosted its stake in shares of Kosmos Energy Ltd. (NYSE:KOSGet Rating) by 21.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 717,470 shares of the oil and gas producer’s stock after buying an additional 126,013 shares during the period. Citigroup Inc. owned approximately 0.16% of Kosmos Energy worth $5,159,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in Kosmos Energy during the 1st quarter worth approximately $41,000. Cumberland Partners Ltd acquired a new stake in shares of Kosmos Energy in the first quarter valued at approximately $79,000. PEAK6 Investments LLC acquired a new stake in shares of Kosmos Energy in the fourth quarter valued at approximately $106,000. Scotia Capital Inc. acquired a new stake in shares of Kosmos Energy in the first quarter valued at approximately $139,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Kosmos Energy in the first quarter valued at approximately $159,000. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Price Performance

NYSE:KOS opened at $6.20 on Thursday. Kosmos Energy Ltd. has a 1-year low of $2.21 and a 1-year high of $8.48. The company has a current ratio of 0.80, a quick ratio of 0.62 and a debt-to-equity ratio of 3.44. The firm has a fifty day simple moving average of $6.14 and a 200 day simple moving average of $6.58. The stock has a market capitalization of $2.83 billion, a PE ratio of 15.50, a P/E/G ratio of 0.69 and a beta of 2.81.

Kosmos Energy (NYSE:KOSGet Rating) last released its earnings results on Sunday, August 7th. The oil and gas producer reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. Kosmos Energy had a net margin of 9.19% and a return on equity of 58.18%. During the same period in the previous year, the firm earned ($0.03) earnings per share. On average, research analysts expect that Kosmos Energy Ltd. will post 1.1 EPS for the current fiscal year.

Insider Activity at Kosmos Energy

In related news, Director Roy A. Franklin sold 20,732 shares of the firm’s stock in a transaction on Monday, June 13th. The shares were sold at an average price of $7.10, for a total value of $147,197.20. Following the completion of the transaction, the director now directly owns 52,009 shares of the company’s stock, valued at $369,263.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on KOS. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Thursday, May 12th. Berenberg Bank upgraded shares of Kosmos Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $8.30 to $8.50 in a report on Thursday, August 25th. Finally, Barclays lifted their price objective on shares of Kosmos Energy from $10.40 to $11.60 and gave the company an “overweight” rating in a report on Wednesday, August 24th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $9.87.

Kosmos Energy Profile

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Kosmos Energy Ltd., a deep-water independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company's primary assets include production offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal.

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

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