Teachers Advisors LLC increased its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 16.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,435 shares of the oil and gas producer’s stock after buying an additional 26,292 shares during the period. Teachers Advisors LLC’s holdings in Kosmos Energy were worth $1,279,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of KOS. Comerica Bank bought a new position in Kosmos Energy during the fourth quarter worth $105,000. Teza Capital Management LLC bought a new position in Kosmos Energy during the fourth quarter worth $155,000. Raymond James Financial Services Advisors Inc. bought a new position in Kosmos Energy during the fourth quarter worth $189,000. Trexquant Investment LP increased its position in Kosmos Energy by 28.5% in the fourth quarter. Trexquant Investment LP now owns 27,493 shares of the oil and gas producer’s stock worth $193,000 after buying an additional 6,093 shares during the period. Finally, Ellington Management Group LLC bought a new position in Kosmos Energy during the fourth quarter worth $290,000.
Shares of Kosmos Energy Ltd. (KOS) traded up 1.594% during mid-day trading on Friday, reaching $6.055. The company had a trading volume of 618,357 shares. The stock has a 50 day moving average of $6.47 and a 200-day moving average of $6.27. Kosmos Energy Ltd. has a one year low of $4.39 and a one year high of $7.90. The firm’s market capitalization is $2.35 billion.
Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, May 8th. The oil and gas producer reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01. Kosmos Energy had a negative net margin of 53.37% and a negative return on equity of 11.56%. The firm had revenue of $152 million for the quarter, compared to analyst estimates of $173.10 million. During the same quarter in the prior year, the business earned ($0.04) earnings per share. The business’s quarterly revenue was up 144.8% compared to the same quarter last year. Equities analysts predict that Kosmos Energy Ltd. will post ($0.19) EPS for the current year.
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A number of research analysts have recently weighed in on KOS shares. Royal Bank of Canada reissued a “buy” rating and issued a $10.00 price target (up previously from $9.00) on shares of Kosmos Energy in a research note on Thursday, March 9th. Jefferies Group LLC increased their price target on Kosmos Energy from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Wednesday, May 10th. Citigroup Inc. dropped their price objective on Kosmos Energy from $10.00 to $8.50 and set a “buy” rating on the stock in a research note on Tuesday, May 9th. BMO Capital Markets reaffirmed a “buy” rating and set a $10.00 price objective on shares of Kosmos Energy in a research note on Friday, April 21st. Finally, Zacks Investment Research raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, April 17th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Kosmos Energy presently has a consensus rating of “Buy” and a consensus target price of $8.75.
In other news, major shareholder Iv Gp L.L.C. Bcp sold 30,000,000 shares of the company’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $7.15, for a total transaction of $214,500,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 3.80% of the stock is currently owned by corporate insiders.
About Kosmos Energy
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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