Kosmos Energy Ltd. (NYSE:KOS) Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp raised its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 215.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 451,780 shares of the oil and gas producer's stock after purchasing an additional 308,409 shares during the period. Mackenzie Financial Corp owned about 0.10% of Kosmos Energy worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GF Fund Management CO. LTD. purchased a new stake in shares of Kosmos Energy during the fourth quarter worth approximately $490,000. GTS Securities LLC grew its holdings in Kosmos Energy by 548.4% during the 4th quarter. GTS Securities LLC now owns 151,432 shares of the oil and gas producer's stock worth $518,000 after acquiring an additional 128,076 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Kosmos Energy by 23.2% during 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 worth $7,174,000 after acquiring an additional 395,283 shares in the last quarter. Wexford Capital LP acquired a new stake in shares of Kosmos Energy in the 4th quarter valued at $109,000. Finally, Rafferty Asset Management LLC raised its holdings in shares of Kosmos Energy by 28.4% in the 4th quarter. Rafferty Asset Management LLC now owns 875,225 shares of the oil and gas producer's stock valued at $2,993,000 after purchasing an additional 193,558 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on KOS shares. Mizuho dropped their target price on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. The Goldman Sachs Group cut their price objective on shares of Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a report on Monday, May 19th. Benchmark downgraded shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Wall Street Zen raised shares of Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $4.93.

Kosmos Energy Stock Performance

NYSE KOS traded down $0.02 on Wednesday, reaching $1.81. The stock had a trading volume of 13,848,748 shares, compared to its average volume of 8,687,911. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The stock has a market cap of $862.81 million, a P/E ratio of 4.10, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. The business's 50-day moving average price is $1.74 and its 200 day moving average price is $2.68. Kosmos Energy Ltd. has a 12-month low of $1.39 and a 12-month high of $5.97.

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