First Trust Direct Indexing L.P. Purchases Shares of 10,097 Kosmos Energy Ltd. (NYSE:KOS)

First Trust Direct Indexing L.P. acquired a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,097 shares of the oil and gas producer’s stock, valued at approximately $68,000.

A number of other institutional investors have also modified their holdings of the stock. Victory Capital Management Inc. grew its holdings in Kosmos Energy by 7.1% during the fourth quarter. Victory Capital Management Inc. now owns 87,679 shares of the oil and gas producer’s stock worth $588,000 after acquiring an additional 5,838 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of Kosmos Energy by 8.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 369,647 shares of the oil and gas producer’s stock worth $2,480,000 after purchasing an additional 28,803 shares during the period. Jennison Associates LLC increased its holdings in shares of Kosmos Energy by 81.7% during the 4th quarter. Jennison Associates LLC now owns 5,736,668 shares of the oil and gas producer’s stock valued at $38,493,000 after purchasing an additional 2,580,191 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Kosmos Energy in the 4th quarter valued at $27,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Kosmos Energy by 12.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 105,702 shares of the oil and gas producer’s stock worth $709,000 after buying an additional 11,807 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Up 0.3 %

Shares of NYSE KOS opened at $6.01 on Thursday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 13.66, a price-to-earnings-growth ratio of 0.72 and a beta of 2.36. The company’s 50-day simple moving average is $5.88 and its 200-day simple moving average is $6.30. The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 2.32. Kosmos Energy Ltd. has a 52-week low of $5.23 and a 52-week high of $8.28.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. The company had revenue of $507.81 million for the quarter. During the same quarter in the previous year, the firm posted $0.23 earnings per share. Equities analysts predict that Kosmos Energy Ltd. will post 0.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.