Rhumbline Advisers Has $1.99 Million Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Rhumbline Advisers lowered its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 580,773 shares of the oil and gas producer’s stock after selling 24,695 shares during the quarter. Rhumbline Advisers owned about 0.12% of Kosmos Energy worth $1,986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vaughan Nelson Investment Management L.P. boosted its holdings in Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock worth $113,828,000 after acquiring an additional 1,933,216 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Kosmos Energy by 8.1% during the third 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. Geode Capital Management LLC grew its holdings in shares of Kosmos Energy by 0.7% in 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 acquiring an additional 68,339 shares in the last quarter. Jennison Associates LLC increased its position in shares of Kosmos Energy by 3.0% during the third quarter. Jennison Associates LLC now owns 6,868,689 shares of the oil and gas producer’s stock valued at $27,681,000 after acquiring an additional 199,317 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Kosmos Energy by 7.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,121,694 shares of the oil and gas producer’s stock worth $24,670,000 after acquiring an additional 430,053 shares during the period. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 11.4 %

Shares of KOS stock opened at $2.49 on Tuesday. The business has a 50-day moving average of $3.32 and a 200 day moving average of $3.80. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. Kosmos Energy Ltd. has a 1-year low of $2.45 and a 1-year high of $6.58. The stock has a market capitalization of $1.19 billion, a PE ratio of 5.66, a P/E/G ratio of 5.24 and a beta of 2.41.

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

Insider Buying and Selling at Kosmos Energy

In related news, CAO Ronald W. Glass sold 16,182 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,487.84. Following the sale, the chief accounting officer now directly owns 320,231 shares of the company’s stock, valued at $999,120.72. This trade represents a 4.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew G. Inglis sold 138,689 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $432,709.68. Following the transaction, the chief executive officer now directly owns 3,959,000 shares of the company’s stock, valued at $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Mizuho decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Sanford C. Bernstein decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a report on Tuesday, November 5th. Jefferies Financial Group restated a “buy” rating and set a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy currently has a consensus rating of “Hold” and a consensus price target of $5.52.

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.