Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. cut its position in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,315,468 shares of the oil and gas producer's stock after selling 648,848 shares during the period. Kosmos Energy makes up 1.4% of Vaughan Nelson Investment Management L.P.'s holdings, making the stock its 22nd largest position. Vaughan Nelson Investment Management L.P. owned approximately 4.42% of Kosmos Energy worth $136,317,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of KOS. PNC Financial Services Group Inc. increased its holdings in shares of Kosmos Energy by 143.6% in the first quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the oil and gas producer's stock valued at $26,000 after purchasing an additional 2,110 shares during the period. Captrust Financial Advisors grew its holdings in Kosmos Energy by 50.1% during the first quarter. Captrust Financial Advisors now owns 4,394 shares of the oil and gas producer's stock worth $32,000 after acquiring an additional 1,467 shares during the period. Lazard Asset Management LLC acquired a new stake in Kosmos Energy during the first quarter worth about $45,000. Boothbay Fund Management LLC acquired a new stake in Kosmos Energy during the second quarter worth about $60,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Kosmos Energy during the second quarter worth about $65,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kosmos Energy

In other news, CAO Ronald W. Glass sold 17,525 shares of the firm's stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $105,675.75. Following the transaction, the chief accounting officer now owns 290,855 shares in the company, valued at $1,753,855.65. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CEO Andrew G. Inglis sold 166,524 shares of the firm's stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $1,004,139.72. Following the transaction, the chief executive officer now owns 3,909,135 shares in the company, valued at $23,572,084.05. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Ronald W. Glass sold 17,525 shares of Kosmos Energy stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $105,675.75. Following the transaction, the chief accounting officer now owns 290,855 shares in the company, valued at approximately $1,753,855.65. The disclosure for this sale can be found here. Over the last three months, insiders have sold 335,337 shares of company stock valued at $2,022,082. Company insiders own 1.79% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on KOS shares. TheStreet lowered Kosmos Energy from a "b" rating to a "c+" rating in a report on Monday, February 26th. StockNews.com raised Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, March 15th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $9.63.

Kosmos Energy Price Performance

KOS traded down $0.11 during trading on Friday, hitting $5.87. The company's stock had a trading volume of 6,613,141 shares, compared to its average volume of 7,667,211. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 2.32. Kosmos Energy Ltd. has a twelve month low of $5.23 and a twelve month high of $8.28. The business's fifty day simple moving average is $5.83 and its 200 day simple moving average is $6.55. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 0.74 and a beta of 2.37.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, beating the consensus estimate of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. The company had revenue of $507.81 million for the quarter. During the same period in the previous year, the business posted $0.23 earnings per share. On average, equities research analysts forecast that Kosmos Energy Ltd. will post 0.75 EPS for the current fiscal 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.