Kosmos Energy Ltd. $KOS is Equinox Partners Investment Management LLC’s 7th Largest Position

Equinox Partners Investment Management LLC raised its stake in Kosmos Energy Ltd. (NYSE:KOS) by 9.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,469,980 shares of the oil and gas producer’s stock after purchasing an additional 1,689,500 shares during the quarter. Kosmos Energy accounts for about 9.2% of Equinox Partners Investment Management LLC’s portfolio, making the stock its 7th largest position. Equinox Partners Investment Management LLC’s holdings in Kosmos Energy were worth $17,667,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. AQR Capital Management LLC increased its stake in Kosmos Energy by 56.7% in the first quarter. AQR Capital Management LLC now owns 387,739 shares of the oil and gas producer’s stock valued at $884,000 after acquiring an additional 140,261 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Kosmos Energy by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 278,082 shares of the oil and gas producer’s stock worth $634,000 after purchasing an additional 12,045 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Kosmos Energy by 21.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,541,006 shares of the oil and gas producer’s stock worth $5,793,000 after purchasing an additional 443,384 shares in the last quarter. Strs Ohio bought a new position in shares of Kosmos Energy during the 1st quarter valued at about $120,000. Finally, Rhumbline Advisers increased its position in shares of Kosmos Energy by 7.9% during the 2nd quarter. Rhumbline Advisers now owns 718,954 shares of the oil and gas producer’s stock valued at $1,237,000 after purchasing an additional 52,750 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $2.51 on Thursday. The company has a debt-to-equity ratio of 5.56, a quick ratio of 0.36 and a current ratio of 0.60. Kosmos Energy Ltd. has a fifty-two week low of $0.84 and a fifty-two week high of $3.34. The stock has a 50 day moving average price of $2.85 and a two-hundred day moving average price of $2.09. The company has a market capitalization of $1.49 billion, a P/E ratio of -1.49, a PEG ratio of 0.37 and a beta of 0.68.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Wednesday, May 6th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.15). Kosmos Energy had a negative return on equity of 37.60% and a negative net margin of 59.38%.The firm had revenue of $370.73 million during the quarter, compared to the consensus estimate of $405.21 million. Analysts expect that Kosmos Energy Ltd. will post 0.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KOS has been the subject of a number of recent research reports. Weiss Ratings downgraded Kosmos Energy from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, May 6th. Mizuho reissued an “underperform” rating and set a $3.00 price target (up from $2.00) on shares of Kosmos Energy in a research note on Wednesday, May 27th. Johnson Rice upgraded shares of Kosmos Energy from an “accumulate” rating to a “buy” rating and set a $4.25 price objective for the company in a report on Wednesday, March 25th. Wall Street Zen raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, The Goldman Sachs Group cut shares of Kosmos Energy from a “neutral” rating to a “sell” rating and set a $2.25 target price on the stock. in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $2.44.

Insiders Place Their Bets

In other news, Director Steven Sterin sold 38,636 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $2.73, for a total transaction of $105,476.28. Following the completion of the sale, the director directly owned 331,295 shares in the company, valued at approximately $904,435.35. This represents a 10.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Roy A. Franklin sold 43,466 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $2.73, for a total value of $118,662.18. Following the transaction, the director owned 150,722 shares in the company, valued at approximately $411,471.06. This represents a 22.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 125,568 shares of company stock valued at $342,801 in the last quarter. Insiders own 1.90% of the company’s stock.

Kosmos Energy Profile

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.