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

Other hedge funds have also made changes to their positions in the company. Vident Advisory LLC purchased a new stake in shares of Kosmos Energy in the 1st quarter worth $30,000. Stifel Financial Corp lifted its holdings in shares of Kosmos Energy by 24.9% in the 4th quarter. Stifel Financial Corp now owns 19,711 shares of the oil and gas producer's stock worth $67,000 after buying an additional 3,932 shares during the period. Inscription Capital LLC purchased a new stake in shares of Kosmos Energy in the 1st quarter worth $46,000. Sapient Capital LLC lifted its holdings in shares of Kosmos Energy by 125.4% in the 1st quarter. Sapient Capital LLC now owns 24,161 shares of the oil and gas producer's stock worth $55,000 after buying an additional 13,441 shares during the period. Finally, Park Avenue Securities LLC purchased a new stake in shares of Kosmos Energy in the 1st quarter worth $63,000. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on KOS shares. The Goldman Sachs Group reduced their price target 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. Wall Street Zen upgraded Kosmos Energy to a "sell" rating in a research note on Friday, May 16th. Mizuho decreased their price objective 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, Benchmark restated a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $4.93.

Kosmos Energy Trading Up 0.9%

Shares of NYSE:KOS opened at $1.66 on Tuesday. The business's 50-day moving average is $1.92 and its 200 day moving average is $1.95. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $4.69. The firm has a market capitalization of $791.50 million, a P/E ratio of -5.01 and a beta of 1.57. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.45 and a quick ratio of 0.25.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its earnings results on Monday, August 4th. The oil and gas producer reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $393.52 million for the quarter, compared to analyst estimates of $444.26 million. On average, research analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

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.

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