Lazard Asset Management LLC Reduces Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Lazard Asset Management LLC decreased its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 16.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,219,788 shares of the oil and gas producer's stock after selling 243,359 shares during the quarter. Lazard Asset Management LLC owned about 0.26% of Kosmos Energy worth $4,170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in KOS. VSM Wealth Advisory LLC bought a new position in Kosmos Energy in the fourth quarter worth $34,000. Disciplined Investors L.L.C. bought a new position in Kosmos Energy in the fourth quarter worth $36,000. Sapient Capital LLC bought a new position in Kosmos Energy in the fourth quarter worth $37,000. Boothbay Fund Management LLC bought a new position in Kosmos Energy in the fourth quarter worth $45,000. Finally, Ballentine Partners LLC bought a new position in Kosmos Energy in the fourth quarter worth $58,000. Institutional investors own 95.33% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on KOS shares. StockNews.com upgraded Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Benchmark downgraded Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. The Goldman Sachs Group reduced their price target on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a report on Monday. Finally, Mizuho reduced their price target on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $4.93.

Kosmos Energy Stock Performance

NYSE KOS traded up $0.01 during trading hours on Wednesday, hitting $1.69. The company's stock had a trading volume of 2,416,439 shares, compared to its average volume of 8,429,999. Kosmos Energy Ltd. has a 12 month low of $1.39 and a 12 month high of $6.33. The company's 50 day simple moving average is $1.87 and its two-hundred day simple moving average is $2.83. The company has a market cap of $805.45 million, a P/E ratio of 3.83, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $338.23 million. As a group, sell-side analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Kosmos Energy Company 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.