MQS Management LLC Sells 25,294 Shares of Kosmos Energy Ltd. (NYSE:KOS)

MQS Management LLC reduced its position in Kosmos Energy Ltd. (NYSE:KOS) by 67.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,263 shares of the oil and gas producer’s stock after selling 25,294 shares during the period. MQS Management LLC’s holdings in Kosmos Energy were worth $68,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC boosted its stake in Kosmos Energy by 3.0% in the second quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock valued at $399,000 after acquiring an additional 2,055 shares in the last quarter. Woodmont Investment Counsel LLC lifted its holdings in shares of Kosmos Energy by 1.3% during the 1st quarter. Woodmont Investment Counsel LLC now owns 218,818 shares of the oil and gas producer’s stock valued at $1,304,000 after purchasing an additional 2,888 shares during the last quarter. CWM LLC lifted its holdings in shares of Kosmos Energy by 82.2% during the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the last quarter. Comerica Bank grew its stake in Kosmos Energy by 27.1% during the 1st quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock worth $118,000 after buying an additional 4,213 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Kosmos Energy by 0.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,462,835 shares of the oil and gas producer’s stock valued at $8,104,000 after buying an additional 4,395 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 2.1 %

Kosmos Energy stock opened at $4.26 on Friday. The stock has a 50-day moving average price of $4.85 and a 200 day moving average price of $5.46. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 9.26, a price-to-earnings-growth ratio of 0.53 and a beta of 2.42. Kosmos Energy Ltd. has a 52 week low of $3.75 and a 52 week high of $8.28. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million for the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. Sell-side analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Benchmark reissued a “buy” rating and issued a $8.00 price target on shares of Kosmos Energy in a report on Tuesday, August 6th. Mizuho began coverage on shares of Kosmos Energy in a research note on Thursday. They issued a “neutral” rating and a $5.00 target price for the company. Finally, Sanford C. Bernstein cut their price target on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 17th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Kosmos Energy has a consensus rating of “Moderate Buy” and a consensus target price of $7.97.

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.