Jefferies Financial Group Inc. Invests $3.75 Million in Kosmos Energy Ltd. (NYSE:KOS)

Key Points

• Jefferies Financial Group Inc. invested $3.75 million in Kosmos Energy by acquiring 1,644,133 shares, representing approximately 0.34% of the company at the end of the last quarter.
• Kosmos Energy's stock price is currently down 9.3%, with a one-year range between $1.38 and $5.23, and the company reported a loss of ($0.22) earnings per share in its latest quarterly results.
• Institutional investors control about 95.33% of Kosmos Energy's stock, indicating significant interest from hedge funds and other investment firms.

Jefferies Financial Group Inc. acquired a new position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 1,644,133 shares of the oil and gas producer's stock, valued at approximately $3,749,000. Jefferies Financial Group Inc. owned about 0.34% of Kosmos Energy at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of KOS. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Kosmos Energy by 30.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 153,575 shares of the oil and gas producer's stock valued at $350,000 after acquiring an additional 36,215 shares during the last quarter. Royce & Associates LP lifted its position in Kosmos Energy by 11.1% in the first quarter. Royce & Associates LP now owns 1,970,260 shares of the oil and gas producer's stock valued at $4,492,000 after acquiring an additional 196,570 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Kosmos Energy in the first quarter valued at $221,000. Signaturefd LLC lifted its position in Kosmos Energy by 200.6% in the first quarter. Signaturefd LLC now owns 27,581 shares of the oil and gas producer's stock valued at $63,000 after acquiring an additional 18,405 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Kosmos Energy by 17.0% in the first quarter. Cerity Partners LLC now owns 45,840 shares of the oil and gas producer's stock valued at $105,000 after acquiring an additional 6,649 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Trading Down 9.3%

NYSE KOS opened at $1.95 on Friday. Kosmos Energy Ltd. has a one year low of $1.38 and a one year high of $5.23. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.40 and a current ratio of 0.76. The firm's fifty day moving average is $2.00 and its two-hundred day moving average is $2.23. The firm has a market cap of $932.12 million, a PE ratio of -64.98 and a beta of 1.49.

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 negative return on equity of 0.63% and a negative net margin of 0.80%. The firm had revenue of $290.43 million for the quarter, compared to analyst estimates of $338.23 million. Analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Insider Activity

In other news, Director John Douglas Kelso Grant sold 27,923 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $1.81, for a total transaction of $50,540.63. Following the transaction, the director directly owned 29,921 shares in the company, valued at $54,157.01. The trade was a 48.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.99% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group reduced their price target on shares of 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 raised shares of Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. Mizuho reduced their price target on shares of Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Finally, Benchmark restated a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. 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 stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of "Hold" and an average 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.

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