Nuveen Asset Management LLC lifted its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 18.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,508,556 shares of the oil and gas producer's stock after purchasing an additional 235,949 shares during the quarter. Nuveen Asset Management LLC owned 0.32% of Kosmos Energy worth $5,159,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Millennium Management LLC increased its stake in shares of Kosmos Energy by 78.2% during the 4th quarter. Millennium Management LLC now owns 2,665,589 shares of the oil and gas producer's stock worth $9,116,000 after purchasing an additional 1,170,074 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Kosmos Energy by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 266,037 shares of the oil and gas producer's stock worth $910,000 after buying an additional 9,928 shares in the last quarter. Interval Partners LP purchased a new stake in Kosmos Energy during the fourth quarter valued at about $218,000. GeoSphere Capital Management LLC lifted its position in Kosmos Energy by 4.2% in the 4th quarter. GeoSphere Capital Management LLC now owns 625,000 shares of the oil and gas producer's stock worth $2,138,000 after buying an additional 25,000 shares during the last quarter. Finally, Encompass Capital Advisors LLC purchased a new stake in shares of Kosmos Energy in the 4th quarter valued at $35,723,000. 95.33% of the stock is owned by institutional investors.
Kosmos Energy Price Performance
NYSE KOS traded up $0.05 on Wednesday, reaching $1.87. The company had a trading volume of 2,688,853 shares, compared to its average volume of 8,642,005. The firm's 50 day moving average price is $1.75 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. The stock has a market capitalization of $891.49 million, a PE ratio of 4.28, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.
Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). The firm had revenue of $290.43 million during the quarter, compared to analysts' expectations 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 predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on KOS. Wall Street Zen upgraded shares of Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. The Goldman Sachs Group dropped their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a research report on Monday, May 19th. Mizuho decreased their price objective on shares of Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a 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 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $4.93.
Read Our Latest Report on Kosmos Energy
About Kosmos Energy
(
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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