BNP Paribas Financial Markets Lowers Holdings in Kosmos Energy Ltd. (NYSE:KOS)

BNP Paribas Financial Markets reduced its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 88.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,332 shares of the oil and gas producer's stock after selling 1,208,119 shares during the quarter. BNP Paribas Financial Markets' holdings in Kosmos Energy were worth $528,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in KOS. Barclays PLC lifted its position in shares of 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 valued at $12,221,000 after buying an additional 962,057 shares during the last quarter. Merit Financial Group LLC purchased a new stake in Kosmos Energy during the fourth quarter valued at approximately $127,000. Ballentine Partners LLC acquired a new stake in Kosmos Energy in the fourth quarter valued at approximately $58,000. SG Americas Securities LLC grew its holdings in Kosmos Energy by 61.4% in the fourth quarter. SG Americas Securities LLC now owns 126,946 shares of the oil and gas producer's stock worth $434,000 after purchasing an additional 48,279 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in Kosmos Energy in the fourth quarter worth $321,000. Institutional investors own 95.33% of the company's stock.

Kosmos Energy Stock Performance

Kosmos Energy stock traded up $0.08 during trading hours on Tuesday, hitting $1.71. 14,052,908 shares of the stock traded hands, compared to its average volume of 8,533,736. The firm's 50 day moving average price is $1.82 and its 200-day moving average price is $2.77. 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 stock has a market capitalization of $817.40 million, a price-to-earnings ratio of 3.89, a P/E/G ratio of 5.24 and a beta of 1.46. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.22.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on KOS shares. The Goldman Sachs Group lowered their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Mizuho lowered their price target on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Wall Street Zen upgraded shares of Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Finally, Benchmark lowered shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $4.93.

About Kosmos Energy

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.