Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lessened its stake in Kosmos Energy Ltd. (NYSE:KOS) by 5.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,015,102 shares of the oil and gas producer’s stock after selling 266,164 shares during the period. Russell Investments Group Ltd. owned 1.09% of Kosmos Energy worth $33,651,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KOS. Valeo Financial Advisors LLC bought a new position in Kosmos Energy in the 3rd quarter valued at about $104,000. Woodmont Investment Counsel LLC grew its position in Kosmos Energy by 0.8% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 281,434 shares of the oil and gas producer’s stock valued at $2,302,000 after buying an additional 2,325 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Kosmos Energy by 12.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,895 shares of the oil and gas producer’s stock valued at $768,000 after buying an additional 10,023 shares in the last quarter. Mackenzie Financial Corp grew its position in Kosmos Energy by 1,734.4% in the 3rd quarter. Mackenzie Financial Corp now owns 1,066,524 shares of the oil and gas producer’s stock valued at $8,212,000 after buying an additional 1,008,383 shares in the last quarter. Finally, RWC Asset Advisors US LLC grew its position in Kosmos Energy by 11.9% in the 3rd quarter. RWC Asset Advisors US LLC now owns 7,716,527 shares of the oil and gas producer’s stock valued at $63,121,000 after buying an additional 820,331 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

NYSE:KOS opened at $5.67 on Wednesday. Kosmos Energy Ltd. has a twelve month low of $5.23 and a twelve month high of $8.28. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 2.32. The company has a 50-day moving average of $5.89 and a 200-day moving average of $6.38. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of 0.73 and a beta of 2.37.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on KOS shares. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. TheStreet lowered shares of Kosmos Energy from a “b” rating to a “c+” rating in a research report on Monday, February 26th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.63.

Insiders Place Their Bets

In other Kosmos Energy news, 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 directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Kosmos Energy news, 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 directly owns 3,909,135 shares in the company, valued at $23,572,084.05. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Nealesh D. Shah sold 84,672 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 transaction of $510,572.16. Following the completion of the transaction, the chief financial officer now owns 1,502,206 shares of the company’s stock, valued at $9,058,302.18. The disclosure for this sale can be found here. Insiders sold a total of 335,337 shares of company stock worth $2,022,082 over the last ninety days. 1.79% of the stock is currently owned by company insiders.

Kosmos Energy Company 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.