Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. trimmed its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 95.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,219 shares of the oil and gas producer's stock after selling 2,184,491 shares during the quarter. Balyasny Asset Management L.P.'s holdings in Kosmos Energy were worth $391,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in KOS. Barclays PLC lifted its position in Kosmos Energy by 46.5% during the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer's stock worth $12,221,000 after buying an additional 962,057 shares in the last quarter. Franklin Resources Inc. increased its position in Kosmos Energy by 3.9% during the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after purchasing an additional 4,640 shares during the last quarter. JPMorgan Chase & Co. increased its position in Kosmos Energy by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 624,604 shares of the oil and gas producer's stock worth $2,517,000 after purchasing an additional 37,114 shares during the last quarter. Merit Financial Group LLC purchased a new position in Kosmos Energy during the fourth quarter worth about $127,000. Finally, Ballentine Partners LLC acquired a new position in Kosmos Energy in the 4th quarter valued at about $58,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KOS. StockNews.com upgraded shares of Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Mizuho lowered their price objective on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Benchmark downgraded Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, The Goldman Sachs Group decreased their price target on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a research note on Monday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $4.93.

Kosmos Energy Trading Down 3.4%

Shares of NYSE:KOS traded down $0.06 during mid-day trading on Thursday, reaching $1.59. 1,364,207 shares of the company were exchanged, compared to its average volume of 8,444,081. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.22. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm's 50-day simple moving average is $1.86 and its 200 day simple moving average is $2.82. The firm has a market cap of $757.64 million, a price-to-earnings ratio of 3.63, a P/E/G ratio of 5.24 and a beta of 1.46.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.07). The firm had revenue of $290.43 million for the quarter, compared to analysts' expectations of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Equities research analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

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.