Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. reduced its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 59.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,757 shares of the oil and gas producer's stock after selling 180,789 shares during the period. Assenagon Asset Management S.A.'s holdings in Kosmos Energy were worth $837,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. increased its stake in Kosmos Energy by 9.7% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 20,964,316 shares of the oil and gas producer's stock worth $171,488,000 after purchasing an additional 1,845,273 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its position in Kosmos Energy by 31.0% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 3,800,000 shares of the oil and gas producer's stock worth $31,084,000 after acquiring an additional 900,000 shares during the period. Jennison Associates LLC acquired a new stake in Kosmos Energy during the 3rd quarter worth about $25,820,000. PNC Financial Services Group Inc. boosted its position in Kosmos Energy by 93.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 57,566 shares of the oil and gas producer's stock worth $471,000 after acquiring an additional 27,759 shares during the period. Finally, Mizuho Markets Americas LLC acquired a new stake in Kosmos Energy during the 3rd quarter worth about $942,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on KOS. TheStreet lowered Kosmos Energy from a "b" rating to a "c+" rating in a research report on Monday, February 26th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, March 15th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $9.63.

Insider Activity at Kosmos Energy

In other Kosmos Energy news, CEO Andrew G. Inglis sold 166,524 shares of the company's stock in a transaction 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 sale, the chief executive officer now directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Jason Doughty sold 66,616 shares of the firm's stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $401,694.48. Following the transaction, the senior vice president now owns 1,458,018 shares in the company, valued at $8,791,848.54. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Andrew G. Inglis sold 166,524 shares of the firm's stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $1,004,139.72. Following the completion of the transaction, the chief executive officer now owns 3,909,135 shares in the company, valued at approximately $23,572,084.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 335,337 shares of company stock worth $2,022,082. 1.79% of the stock is owned by corporate insiders.

Kosmos Energy Stock Performance

KOS traded down $0.11 on Friday, hitting $5.87. The company had a trading volume of 6,613,141 shares, compared to its average volume of 7,667,211. The company's fifty day moving average price is $5.83 and its 200 day moving average price is $6.55. Kosmos Energy Ltd. has a 1-year low of $5.23 and a 1-year high of $8.28. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.76 and a quick ratio of 0.49. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 0.73 and a beta of 2.37.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share for the quarter, topping 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 firm had revenue of $507.81 million during the quarter. During the same quarter last year, the firm posted $0.23 earnings per share. Equities analysts predict that Kosmos Energy Ltd. will post 0.75 earnings per share 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.