Vident Advisory LLC Buys Shares of 13,155 Kosmos Energy Ltd. $KOS

Vident Advisory LLC acquired a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 13,155 shares of the oil and gas producer’s stock, valued at approximately $30,000.

Several other large investors have also bought and sold shares of the stock. Invesco Ltd. raised its stake in Kosmos Energy by 40.2% during the 1st quarter. Invesco Ltd. now owns 10,898,600 shares of the oil and gas producer’s stock worth $24,849,000 after buying an additional 3,127,003 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Kosmos Energy by 9.0% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 25,527,101 shares of the oil and gas producer’s stock worth $58,202,000 after buying an additional 2,110,306 shares during the last quarter. Nuveen LLC purchased a new position in Kosmos Energy in the first quarter valued at approximately $4,167,000. Jefferies Financial Group Inc. purchased a new position in Kosmos Energy in the first quarter valued at approximately $3,749,000. Finally, Raymond James Financial Inc. lifted its stake in Kosmos Energy by 220.1% in the first quarter. Raymond James Financial Inc. now owns 1,917,488 shares of the oil and gas producer’s stock valued at $4,372,000 after purchasing an additional 1,318,383 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KOS has been the topic of a number of analyst reports. Wall Street Zen raised shares of Kosmos Energy to a “sell” rating in a report on Friday, May 16th. Benchmark reiterated a “hold” rating on shares of Kosmos Energy in a research report on Thursday, June 5th. Finally, The Goldman Sachs Group cut their price target on shares of Kosmos Energy from $3.50 to $3.00 and set a “buy” rating for the company in a research report on Monday, May 19th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $4.93.

Kosmos Energy Trading Down 0.9%

Shares of KOS stock opened at $1.73 on Friday. Kosmos Energy Ltd. has a 12-month low of $1.39 and a 12-month high of $4.69. The company has a current ratio of 0.45, a quick ratio of 0.25 and a debt-to-equity ratio of 2.56. The firm’s 50 day moving average is $1.90 and its 200 day moving average is $1.94. The stock has a market capitalization of $824.99 million, a P/E ratio of -5.23 and a beta of 1.57.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, August 4th. The oil and gas producer reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.13). Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%.The company had revenue of $393.52 million during the quarter, compared to analysts’ expectations of $444.26 million. Research analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

About Kosmos Energy

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.