SG Americas Securities LLC Boosts Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

SG Americas Securities LLC increased its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 95.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,425 shares of the oil and gas producer's stock after buying an additional 121,479 shares during the quarter. SG Americas Securities LLC owned 0.05% of Kosmos Energy worth $566,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Park Avenue Securities LLC acquired a new stake in Kosmos Energy during the 1st quarter valued at $63,000. Sanders Morris Harris LLC raised its position in shares of Kosmos Energy by 41.7% in the 1st quarter. Sanders Morris Harris LLC now owns 34,000 shares of the oil and gas producer's stock valued at $78,000 after acquiring an additional 10,000 shares during the period. Rhumbline Advisers increased its position in shares of Kosmos Energy by 14.7% in the 1st quarter. Rhumbline Advisers now owns 666,204 shares of the oil and gas producer's stock valued at $1,519,000 after buying an additional 85,431 shares in the last quarter. Mackenzie Financial Corp lifted its stake in Kosmos Energy by 215.1% in the fourth quarter. Mackenzie Financial Corp now owns 451,780 shares of the oil and gas producer's stock valued at $1,545,000 after buying an additional 308,409 shares in the last quarter. Finally, GF Fund Management CO. LTD. acquired a new position in shares of Kosmos Energy during the fourth quarter worth about $490,000. Institutional investors and hedge funds own 95.33% of the company's stock.

Insiders Place Their Bets

In other Kosmos Energy news, Director John Douglas Kelso Grant sold 27,923 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $1.81, for a total transaction of $50,540.63. Following the sale, the director now owns 29,921 shares of the company's stock, valued at $54,157.01. The trade was a 48.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.02% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Kosmos Energy to a "sell" rating in a research report on Friday, May 16th. Benchmark reiterated a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. The Goldman Sachs Group cut their target price on shares of Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Finally, Mizuho reduced their target price 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. 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's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $4.93.

Kosmos Energy Trading Down 7.8%

Shares of Kosmos Energy stock traded down $0.17 during midday trading on Monday, reaching $2.00. The company had a trading volume of 13,919,793 shares, compared to its average volume of 9,140,280. The company has a debt-to-equity ratio of 2.59, a current ratio of 0.76 and a quick ratio of 0.40. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $5.97. The stock has a fifty day moving average price of $1.80 and a 200 day moving average price of $2.51. The firm has a market cap of $956.02 million, a PE ratio of -66.64 and a beta of 1.44.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly 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 company had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. Kosmos Energy had a negative return on equity of 0.63% and a negative net margin of 0.80%. On average, equities analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

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.