Victory Capital Management Inc. Buys 20,235 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Victory Capital Management Inc. grew its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 17.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,444 shares of the oil and gas producer’s stock after purchasing an additional 20,235 shares during the period. Victory Capital Management Inc.’s holdings in Kosmos Energy were worth $473,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock valued at $85,202,000 after purchasing an additional 1,588,990 shares in the last quarter. Equinox Partners Investment Management LLC increased its stake in shares of Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after purchasing an additional 3,218,394 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kosmos Energy by 0.7% during the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after purchasing an additional 68,339 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Kosmos Energy by 13.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after purchasing an additional 847,635 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Kosmos Energy by 9.6% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,585,787 shares of the oil and gas producer’s stock valued at $14,451,000 after purchasing an additional 314,293 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on KOS. Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Finally, Mizuho lowered their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $5.52.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $2.27 on Friday. Kosmos Energy Ltd. has a twelve month low of $2.07 and a twelve month high of $6.58. The firm has a market cap of $1.08 billion, a P/E ratio of 5.15, a PEG ratio of 5.24 and a beta of 2.31. The company has a 50 day moving average of $2.95 and a 200 day moving average of $3.54. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $397.66 million during the quarter, compared to analysts’ expectations of $387.60 million. As a group, research analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In other Kosmos Energy news, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the completion of the sale, the senior vice president now directly owns 172,057 shares in the company, valued at approximately $536,817.84. The trade was a 8.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the sale, the chief accounting officer now owns 320,231 shares of the company’s stock, valued at approximately $999,120.72. This represents a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 503,970 shares of company stock worth $1,572,386. Insiders own 2.02% of the company’s stock.

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.