Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Strs Ohio

Strs Ohio trimmed its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 19.4% during the fourth quarter, Holdings Channel reports. The firm owned 50,400 shares of the oil and gas producer’s stock after selling 12,100 shares during the period. Strs Ohio’s holdings in Kosmos Energy were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. FMR LLC increased its position in Kosmos Energy by 7.4% in the third quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer’s stock worth $502,455,000 after buying an additional 4,208,188 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Kosmos Energy by 13.7% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 22,338,054 shares of the oil and gas producer’s stock worth $182,725,000 after acquiring an additional 2,690,342 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Kosmos Energy by 9.7% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 20,964,316 shares of the oil and gas producer’s stock worth $171,488,000 after acquiring an additional 1,845,273 shares during the period. William Blair Investment Management LLC boosted its stake in Kosmos Energy by 25.2% during the 3rd quarter. William Blair Investment Management LLC now owns 12,699,004 shares of the oil and gas producer’s stock valued at $103,878,000 after purchasing an additional 2,559,942 shares during the period. Finally, RWC Asset Advisors US LLC boosted its stake in Kosmos Energy by 11.9% during the 3rd quarter. RWC Asset Advisors US LLC now owns 7,716,527 shares of the oil and gas producer’s stock valued at $63,121,000 after purchasing an additional 820,331 shares during the period. Institutional investors own 95.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on KOS. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, March 15th. TheStreet cut Kosmos Energy from a “b” rating to a “c+” rating in a research report on Monday, February 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Kosmos Energy has a consensus rating of “Moderate Buy” and an average price target of $9.63.

Insider Activity at Kosmos Energy

In other Kosmos Energy news, SVP Jason Doughty sold 66,616 shares of Kosmos Energy stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $401,694.48. Following the transaction, the senior vice president now owns 1,458,018 shares in the company, valued at $8,791,848.54. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, SVP Jason Doughty sold 66,616 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $401,694.48. Following the completion of the transaction, the senior vice president now owns 1,458,018 shares in the company, valued at approximately $8,791,848.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew G. Inglis sold 166,524 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $1,004,139.72. Following the sale, the chief executive officer now owns 3,909,135 shares in the company, valued at approximately $23,572,084.05. The disclosure for this sale can be found here. Insiders sold a total of 335,337 shares of company stock valued at $2,022,082 over the last ninety days. Insiders own 1.79% of the company’s stock.

Kosmos Energy Trading Up 0.5 %

Kosmos Energy stock opened at $5.91 on Tuesday. The stock has a market capitalization of $2.79 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 0.73 and a beta of 2.37. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.76 and a quick ratio of 0.49. Kosmos Energy Ltd. has a 12-month low of $5.23 and a 12-month high of $8.28. The firm has a 50 day simple moving average of $5.89 and a 200-day simple moving average of $6.39.

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

Kosmos Energy Company 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.