1,716,593 Shares in Kosmos Energy Ltd. $KOS Bought by Nantahala Capital Management LLC

Key Points

• Nantahala Capital Management LLC acquired 1,716,593 shares of Kosmos Energy, worth approximately $3.9 million, representing 0.36% ownership in the company.
• Kosmos Energy reported a negative earnings per share of ($0.19) for the last quarter, missing analysts' estimates and generating $393.52 million in revenue, below expectations of $444.26 million.
• Institutional investors collectively own 95.33% of Kosmos Energy's stock, indicating significant institutional interest in the company's shares.

Nantahala Capital Management LLC bought a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,716,593 shares of the oil and gas producer's stock, valued at approximately $3,914,000. Nantahala Capital Management LLC owned about 0.36% of Kosmos Energy as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Vident Advisory LLC bought a new position in Kosmos Energy in the first quarter valued at approximately $30,000. Huber Capital Management LLC lifted its holdings in Kosmos Energy by 7.9% during the 1st quarter. Huber Capital Management LLC now owns 231,900 shares of the oil and gas producer's stock worth $529,000 after purchasing an additional 17,000 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Kosmos Energy by 7.0% during the 1st quarter. MetLife Investment Management LLC now owns 271,790 shares of the oil and gas producer's stock worth $620,000 after purchasing an additional 17,885 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Kosmos Energy by 9.0% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 25,527,101 shares of the oil and gas producer's stock valued at $58,202,000 after acquiring an additional 2,110,306 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Kosmos Energy by 220.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,917,488 shares of the oil and gas producer's stock valued at $4,372,000 after acquiring an additional 1,318,383 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Kosmos Energy Stock Down 4.7%

NYSE:KOS traded down $0.08 on Friday, hitting $1.64. The stock had a trading volume of 7,181,219 shares, compared to its average volume of 8,060,327. The business's fifty day moving average is $1.92 and its 200 day moving average is $1.98. The company has a market cap of $784.33 million, a PE ratio of -4.97 and a beta of 1.57. The company has a quick ratio of 0.25, a current ratio of 0.45 and a debt-to-equity ratio of 2.56. Kosmos Energy Ltd. has a 52 week low of $1.39 and a 52 week high of $4.69.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Monday, August 4th. The oil and gas producer reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.13). Kosmos Energy had a negative net margin of 10.74% and a negative return on equity of 14.16%. The company had revenue of $393.52 million during the quarter, compared to the consensus estimate of $444.26 million. On average, equities research analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

KOS has been the subject of a number of research analyst reports. Wall Street Zen raised Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Benchmark reissued a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. Mizuho decreased their target price on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Finally, The Goldman Sachs Group decreased their target price on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $4.93.

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.