Sequoia Financial Advisors LLC Grows Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

Sequoia Financial Advisors LLC grew its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 189.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,131 shares of the oil and gas producer’s stock after purchasing an additional 69,473 shares during the period. Sequoia Financial Advisors LLC’s holdings in Kosmos Energy were worth $712,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in KOS. Price T Rowe Associates Inc. MD boosted its position in Kosmos Energy by 207.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,684,099 shares of the oil and gas producer’s stock valued at $146,451,000 after buying an additional 13,284,372 shares during the last quarter. Invesco Ltd. grew its stake in Kosmos Energy by 291.5% during the 1st quarter. Invesco Ltd. now owns 8,048,295 shares of the oil and gas producer’s stock valued at $57,868,000 after purchasing an additional 5,992,660 shares in the last quarter. State Street Corp increased its holdings in Kosmos Energy by 22.6% during the 1st quarter. State Street Corp now owns 25,401,775 shares of the oil and gas producer’s stock worth $182,639,000 after purchasing an additional 4,679,471 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Kosmos Energy by 268.2% in the 1st quarter. JPMorgan Chase & Co. now owns 6,197,882 shares of the oil and gas producer’s stock valued at $46,113,000 after purchasing an additional 4,514,662 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Kosmos Energy by 7.4% during the 3rd quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer’s stock valued at $502,455,000 after buying an additional 4,208,188 shares during the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Trading Down 2.4 %

NYSE KOS opened at $6.05 on Tuesday. The firm has a market capitalization of $2.85 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 0.77 and a beta of 2.37. Kosmos Energy Ltd. has a one year low of $5.23 and a one year high of $8.28. The company has a 50-day simple moving average of $5.85 and a 200-day simple moving average of $6.49. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.49 and a current ratio of 0.76.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. The company had revenue of $507.81 million during the quarter. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. During the same quarter in the previous year, the firm earned $0.23 earnings per share. On average, equities analysts forecast that Kosmos Energy Ltd. will post 0.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on KOS shares. TheStreet lowered shares of Kosmos Energy from a “b” rating to a “c+” rating in a research note on Monday, February 26th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.63.

Insider Buying and Selling

In other Kosmos Energy news, CAO Ronald W. Glass sold 17,525 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $105,675.75. Following the sale, the chief accounting officer now directly owns 290,855 shares in the company, valued at $1,753,855.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Ronald W. Glass sold 17,525 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $105,675.75. Following the sale, the chief accounting officer now owns 290,855 shares of the company’s stock, valued at approximately $1,753,855.65. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew G. Inglis sold 166,524 shares of Kosmos Energy stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total transaction of $1,004,139.72. Following the completion of the sale, the chief executive officer now owns 3,909,135 shares in the company, valued at $23,572,084.05. The disclosure for this sale can be found here. Insiders sold a total of 335,337 shares of company stock worth $2,022,082 in the last three months. 1.79% of the stock is owned by insiders.

Kosmos Energy Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.