Adage Capital Partners GP L.L.C. Buys 1,200,000 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Adage Capital Partners GP L.L.C. grew its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 86.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,590,000 shares of the oil and gas producer's stock after acquiring an additional 1,200,000 shares during the quarter. Adage Capital Partners GP L.L.C. owned about 0.55% of Kosmos Energy worth $8,858,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in KOS. VSM Wealth Advisory LLC purchased a new stake in Kosmos Energy in the fourth quarter valued at approximately $34,000. Disciplined Investors L.L.C. bought a new stake in Kosmos Energy in the fourth quarter worth $36,000. Sapient Capital LLC purchased a new stake in Kosmos Energy during the fourth quarter valued at about $37,000. Ballentine Partners LLC purchased a new position in shares of Kosmos Energy in the fourth quarter worth about $58,000. Finally, RPO LLC bought a new position in Kosmos Energy during the 4th quarter worth approximately $59,000. Institutional investors own 95.33% of the company's stock.

Insider Buying and Selling at Kosmos Energy

In other Kosmos Energy news, CEO Andrew G. Inglis sold 138,689 shares of the company's stock in a transaction dated 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 owns 3,959,000 shares in the company, valued at approximately $12,352,080. This represents a 3.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now directly owns 172,057 shares of the company's stock, valued at $536,817.84. The trade was a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is owned by corporate insiders.

Kosmos Energy Stock Up 5.5 %

NYSE:KOS traded up $0.09 during mid-day trading on Thursday, hitting $1.63. 19,667,420 shares of the company's stock were exchanged, compared to its average volume of 8,261,543. The business has a fifty day moving average price of $2.04 and a 200 day moving average price of $3.04. Kosmos Energy Ltd. has a one year low of $1.39 and a one year high of $6.33. The company has a market cap of $776.76 million, a PE ratio of 3.69, a P/E/G ratio of 5.24 and a beta of 1.94. 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 (NYSE:KOS - Get Free Report) last released its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The company had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. Equities analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KOS. The Goldman Sachs Group decreased their price objective on shares of Kosmos Energy from $4.00 to $3.50 and set a "buy" rating on the stock in a research report on Wednesday. Benchmark lowered Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, StockNews.com downgraded shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $5.18.

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.