Caxton Associates LLP Makes New $1.85 Million Investment in Kosmos Energy Ltd. $KOS

Key Points

• Caxton Associates LLP has made a new investment in Kosmos Energy, purchasing 810,886 shares valued at approximately $1.85 million and owning 0.17% of the company.
• Research analysts have varied ratings on Kosmos Energy, with a consensus rating of "Moderate Buy" and a price target of $4.93, although Goldman Sachs and Mizuho have reduced their price targets to $3.00.
• Kosmos Energy reported a loss of ($0.19) EPS for the last quarter, missing estimates, and logged revenue of $393.52 million, below analyst expectations of $444.26 million.

Caxton Associates LLP purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 810,886 shares of the oil and gas producer's stock, valued at approximately $1,849,000. Caxton Associates LLP owned approximately 0.17% of Kosmos Energy as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Kosmos Energy by 11.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,784,911 shares of the oil and gas producer's stock valued at $17,750,000 after purchasing an additional 815,582 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Kosmos Energy by 26.8% in the 1st quarter. Russell Investments Group Ltd. now owns 5,319,520 shares of the oil and gas producer's stock valued at $12,129,000 after purchasing an additional 1,125,724 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Kosmos Energy by 23.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,097,622 shares of the oil and gas producer's stock valued at $7,174,000 after purchasing an additional 395,283 shares during the period. Millennium Management LLC grew its stake in shares of Kosmos Energy by 78.2% in the 4th quarter. Millennium Management LLC now owns 2,665,589 shares of the oil and gas producer's stock valued at $9,116,000 after purchasing an additional 1,170,074 shares during the period. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Kosmos Energy in the 1st quarter valued at approximately $3,749,000. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Price Performance

NYSE KOS traded down $0.07 during trading hours on Friday, reaching $1.67. 7,171,249 shares of the company's stock were exchanged, compared to its average volume of 7,502,539. The stock has a market cap of $796.29 million, a PE ratio of -5.05 and a beta of 1.57. Kosmos Energy Ltd. has a one year low of $1.39 and a one year high of $4.69. The firm has a fifty day moving average of $1.90 and a 200-day moving average of $1.92. The company has a current ratio of 0.45, a quick ratio of 0.25 and a debt-to-equity ratio of 2.56.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Benchmark reiterated a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. The Goldman Sachs Group lowered their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $4.93.

Kosmos Energy 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.