Encompass Capital Advisors LLC Buys New Shares in Kosmos Energy Ltd. (NYSE:KOS)

Encompass Capital Advisors LLC bought a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,445,208 shares of the oil and gas producer's stock, valued at approximately $35,723,000. Encompass Capital Advisors LLC owned about 2.21% of Kosmos Energy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in shares of Kosmos Energy by 22.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer's stock valued at $111,586,000 after buying an additional 5,906,210 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Kosmos Energy by 11.3% during the 4th 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 in the last quarter. William Blair Investment Management LLC lifted its stake in shares of Kosmos Energy by 28.1% during the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock valued at $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC lifted its stake in shares of Kosmos Energy by 39.2% during the 4th 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 in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Kosmos Energy by 1.2% during the 4th quarter. Invesco Ltd. now owns 7,771,597 shares of the oil and gas producer's stock valued at $26,579,000 after buying an additional 89,356 shares in the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on KOS shares. The Goldman Sachs Group dropped their price target on shares of Kosmos Energy from $4.00 to $3.50 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Benchmark cut shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. One research 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 data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $5.18.

Kosmos Energy Price Performance

NYSE KOS traded up $0.06 on Friday, hitting $1.80. The stock had a trading volume of 9,602,773 shares, compared to its average volume of 8,332,972. Kosmos Energy Ltd. has a 52-week low of $1.39 and a 52-week high of $6.33. 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 company has a market capitalization of $858.03 million, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. The firm has a 50-day moving average of $1.92 and a 200-day moving average of $2.92.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.07). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $290.43 million during the quarter, compared to analysts' expectations of $338.23 million. Equities analysts expect 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.