Grantham Mayo Van Otterloo & Co. LLC Buys 5,906,210 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Grantham Mayo Van Otterloo & Co. LLC lifted its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 22.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 32,627,567 shares of the oil and gas producer’s stock after acquiring an additional 5,906,210 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.07% of Kosmos Energy worth $111,586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. William Blair Investment Management LLC raised its holdings in shares of Kosmos Energy by 28.1% during the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock valued at $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC raised its stake in shares of 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 worth $39,063,000 after acquiring an additional 3,218,394 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Kosmos Energy by 11.3% in the 4th 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 last quarter. Barclays PLC boosted its stake in shares of Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after purchasing an additional 962,057 shares in the last quarter. Finally, Royce & Associates LP grew its holdings in shares of Kosmos Energy by 101.6% during the 4th quarter. Royce & Associates LP now owns 1,773,690 shares of the oil and gas producer’s stock valued at $6,066,000 after purchasing an additional 893,690 shares during the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Kosmos Energy

In related news, CEO Andrew G. Inglis sold 102,701 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, the chief executive officer now directly owns 4,236,691 shares of the company’s stock, valued at $13,218,475.92. This represents a 2.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the sale, the senior vice president now owns 172,057 shares in the company, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 503,970 shares of company stock worth $1,572,386 over the last 90 days. 2.02% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on KOS shares. The Goldman Sachs Group cut their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, March 27th. Mizuho reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Jefferies Financial Group restated a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Finally, Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.27.

Kosmos Energy Price Performance

Shares of KOS stock opened at $1.50 on Friday. 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 firm has a market cap of $714.47 million, a P/E ratio of 3.40, a P/E/G ratio of 5.24 and a beta of 2.31. The business’s 50 day moving average price is $2.66 and its 200-day moving average price is $3.41. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $6.58.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The company had revenue of $397.66 million for the quarter, compared to analysts’ expectations of $387.60 million. On average, equities research 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.