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Deutsche Bank AG Buys 179,618 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Kosmos Energy logo with Energy background

Deutsche Bank AG grew its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 28.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 814,366 shares of the oil and gas producer's stock after acquiring an additional 179,618 shares during the period. Deutsche Bank AG owned about 0.17% of Kosmos Energy worth $2,785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp grew its holdings in shares of Kosmos Energy by 24.9% during the 4th quarter. Stifel Financial Corp now owns 19,711 shares of the oil and gas producer's stock worth $67,000 after acquiring an additional 3,932 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Kosmos Energy by 10.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer's stock worth $155,000 after buying an additional 4,381 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Kosmos Energy by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after buying an additional 4,640 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of Kosmos Energy by 3.8% in the 4th quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer's stock worth $588,000 after buying an additional 6,300 shares during the last quarter. Finally, Xponance Inc. grew its stake in shares of Kosmos Energy by 21.1% in the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer's stock worth $127,000 after buying an additional 6,460 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.

Kosmos Energy Stock Performance

Kosmos Energy stock traded up $0.06 during trading on Friday, reaching $1.64. The company had a trading volume of 9,437,630 shares, compared to its average volume of 8,511,565. Kosmos Energy Ltd. has a 52 week low of $1.39 and a 52 week high of $6.22. The firm's 50-day simple moving average is $1.83 and its 200 day simple moving average is $2.79. The firm has a market capitalization of $781.54 million, a price-to-earnings ratio of 3.72, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued 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 during the quarter, compared to analysts' expectations of $338.23 million. Sell-side analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. The Goldman Sachs Group cut their price target 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. Wall Street Zen raised Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. Mizuho lowered their price objective on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Finally, Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $4.93.

Check Out Our Latest Stock Report on Kosmos Energy

Kosmos Energy Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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