Kosmos Energy Ltd. $KOS Shares Sold by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. decreased its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 76.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 223,139 shares of the oil and gas producer’s stock after selling 709,188 shares during the period. Harbor Capital Advisors Inc.’s holdings in Kosmos Energy were worth $370,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Equinox Partners Investment Management LLC raised its position in shares of Kosmos Energy by 41.6% in the second quarter. Equinox Partners Investment Management LLC now owns 18,671,480 shares of the oil and gas producer’s stock valued at $32,115,000 after buying an additional 5,485,000 shares during the last quarter. Squarepoint Ops LLC grew its stake in Kosmos Energy by 333.0% in the 2nd quarter. Squarepoint Ops LLC now owns 3,221,011 shares of the oil and gas producer’s stock worth $5,540,000 after acquiring an additional 2,477,102 shares during the period. Raiffeisen Bank International AG raised its holdings in Kosmos Energy by 100.0% in the 2nd quarter. Raiffeisen Bank International AG now owns 1,000,000 shares of the oil and gas producer’s stock valued at $1,860,000 after acquiring an additional 500,000 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Kosmos Energy by 220.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,917,488 shares of the oil and gas producer’s stock valued at $4,372,000 after acquiring an additional 1,318,383 shares during the last quarter. Finally, Nantahala Capital Management LLC purchased a new position in shares of Kosmos Energy during the 1st quarter worth $3,914,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

KOS has been the subject of a number of recent analyst reports. Clarkson Capital initiated coverage on Kosmos Energy in a research report on Friday, October 24th. They issued a “buy” rating and a $4.00 price objective for the company. Bank of America restated an “underperform” rating and issued a $1.00 price target (down previously from $3.40) on shares of Kosmos Energy in a report on Friday, December 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kosmos Energy in a report on Monday, December 22nd. Stephens started coverage on shares of Kosmos Energy in a research report on Tuesday, November 11th. They issued an “equal weight” rating and a $1.75 target price on the stock. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $2.00 price target (down previously from $3.00) on shares of Kosmos Energy in a research report on Monday, September 22nd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $2.29.

Kosmos Energy Stock Up 2.1%

Shares of NYSE:KOS opened at $0.89 on Tuesday. The stock has a 50-day simple moving average of $1.23 and a 200-day simple moving average of $1.64. The stock has a market capitalization of $425.24 million, a P/E ratio of -1.31 and a beta of 0.95. Kosmos Energy Ltd. has a 1 year low of $0.84 and a 1 year high of $4.01. The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.29 and a current ratio of 0.52.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Tuesday, November 4th. The oil and gas producer reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.02). Kosmos Energy had a negative net margin of 23.64% and a negative return on equity of 26.28%. The business had revenue of $310.96 million during the quarter, compared to analysts’ expectations of $360.82 million. Equities analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Kosmos Energy Profile

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high?impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.