Xponance Inc. Raises Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Xponance Inc. lifted its stake in Kosmos Energy Ltd. (NYSE:KOS) by 21.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,047 shares of the oil and gas producer’s stock after buying an additional 6,460 shares during the quarter. Xponance Inc.’s holdings in Kosmos Energy were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in Kosmos Energy in the 3rd quarter worth $28,000. Sapient Capital LLC purchased a new position in shares of Kosmos Energy in the fourth quarter valued at about $37,000. CTC Alternative Strategies Ltd. bought a new position in shares of Kosmos Energy in the third quarter worth about $43,000. Ballentine Partners LLC purchased a new stake in shares of Kosmos Energy during the fourth quarter worth about $58,000. Finally, KBC Group NV raised its stake in Kosmos Energy by 54.7% during the 4th quarter. KBC Group NV now owns 21,037 shares of the oil and gas producer’s stock valued at $72,000 after purchasing an additional 7,442 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Stock Down 4.1 %

Shares of NYSE KOS opened at $2.22 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a 12-month low of $2.07 and a 12-month high of $6.58. The firm’s 50-day moving average price is $2.81 and its 200-day moving average price is $3.47. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 5.03, a P/E/G ratio of 5.24 and a beta of 2.31.

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

Insider Buying and Selling

In other news, CAO Ronald W. Glass sold 10,354 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the transaction, the chief accounting officer now owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This represents a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $320,427.12. Following the completion of the sale, the chief executive officer now owns 4,236,691 shares in the company, valued at approximately $13,218,475.92. The trade was a 2.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 503,970 shares of company stock worth $1,572,386 over the last three months. 2.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KOS has been the subject of several recent analyst reports. Mizuho dropped their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Benchmark cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. StockNews.com lowered Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $5.27.

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.