Balyasny Asset Management L.P. Has $391,000 Stake in Kosmos Energy Ltd. (NYSE:KOS)

Balyasny Asset Management L.P. trimmed its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 95.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,219 shares of the oil and gas producer’s stock after selling 2,184,491 shares during the period. Balyasny Asset Management L.P.’s holdings in Kosmos Energy were worth $391,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KOS. Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of Kosmos Energy by 22.1% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock worth $111,586,000 after purchasing an additional 5,906,210 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of Kosmos Energy by 28.1% during the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock worth $64,104,000 after purchasing an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC lifted its holdings in Kosmos Energy by 39.2% in 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 buying an additional 3,218,394 shares during the period. American Century Companies Inc. lifted its holdings in Kosmos Energy by 11.3% in the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock valued at $101,083,000 after buying an additional 2,997,438 shares during the period. Finally, Barclays PLC lifted its holdings in Kosmos Energy by 85.0% in the fourth quarter. Barclays PLC now owns 5,611,213 shares of the oil and gas producer’s stock valued at $19,190,000 after buying an additional 2,578,431 shares during the period. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Trading Down 0.3%

KOS opened at $1.75 on Friday. The firm’s fifty day moving average is $1.89 and its two-hundred day moving average is $2.87. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a market cap of $834.13 million, a PE ratio of 3.97, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. Kosmos Energy Ltd. has a twelve month low of $1.39 and a twelve month high of $6.33.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.07). The firm had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Equities research analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KOS shares. Mizuho cut their price objective on shares of Kosmos Energy from $4.00 to $3.00 and set a “neutral” rating on the stock in a report on Tuesday. StockNews.com upgraded shares of Kosmos Energy to a “sell” rating in a report on Friday. Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group cut their price objective on shares of Kosmos Energy from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, April 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Kosmos Energy has an average rating of “Hold” and an average price target of $5.02.

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.