Northern Trust Corp Boosts Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Northern Trust Corp raised its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 4.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,546,557 shares of the oil and gas producer's stock after acquiring an additional 203,637 shares during the period. Northern Trust Corp owned approximately 0.96% of Kosmos Energy worth $15,549,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of Kosmos Energy by 22.1% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer's stock worth $111,586,000 after purchasing an additional 5,906,210 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Kosmos Energy by 11.3% in the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer's stock worth $101,083,000 after acquiring an additional 2,997,438 shares during the period. William Blair Investment Management LLC raised its position in shares of Kosmos Energy by 28.1% in the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock worth $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC raised its position in Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock valued at $39,063,000 after purchasing an additional 3,218,394 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Kosmos Energy by 1.2% during the fourth quarter. Invesco Ltd. now owns 7,771,597 shares of the oil and gas producer's stock valued at $26,579,000 after buying an additional 89,356 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock traded down $0.04 during trading on Tuesday, hitting $1.70. 748,028 shares of the company's stock were exchanged, compared to its average volume of 8,436,622. Kosmos Energy Ltd. has a 52-week low of $1.39 and a 52-week high of $6.33. 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 business has a 50-day simple moving average of $1.88 and a 200-day simple moving average of $2.84. The stock has a market capitalization of $810.23 million, a price-to-earnings ratio of 3.85, a PEG ratio of 5.24 and a beta of 1.46.

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) earnings per share for the quarter, missing analysts' consensus estimates 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%. On average, research analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. The Goldman Sachs Group cut 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. Mizuho dropped their target price 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. Benchmark downgraded shares of Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, StockNews.com upgraded shares of Kosmos Energy to a "sell" rating in a research report on Friday. One investment 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 MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $4.93.

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.