Kosmos Energy Ltd. (NYSE:KOS) Stock Holdings Boosted by Equinox Partners Investment Management LLC

Equinox Partners Investment Management LLC raised its stake in Kosmos Energy Ltd. (NYSE:KOS) by 39.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,421,895 shares of the oil and gas producer’s stock after purchasing an additional 3,218,394 shares during the period. Kosmos Energy accounts for about 26.6% of Equinox Partners Investment Management LLC’s holdings, making the stock its 2nd biggest position. Equinox Partners Investment Management LLC’s holdings in Kosmos Energy were worth $39,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its stake in Kosmos Energy by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock valued at $531,000 after buying an additional 4,640 shares during the period. Avidian Wealth Enterprises LLC increased its stake in Kosmos Energy by 42.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer’s stock valued at $66,000 after buying an additional 4,921 shares during the period. New York State Common Retirement Fund increased its stake in Kosmos Energy by 3.8% in the 4th quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock valued at $588,000 after buying an additional 6,300 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Kosmos Energy during the 3rd quarter worth $28,000. Finally, KBC Group NV boosted its position in shares of Kosmos Energy by 54.7% in the 4th quarter. KBC Group NV now owns 21,037 shares of the oil and gas producer’s stock worth $72,000 after buying an additional 7,442 shares in the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $2.89 on Tuesday. The stock has a market cap of $1.36 billion, a P/E ratio of 6.56, a price-to-earnings-growth ratio of 5.24 and a beta of 2.41. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The stock has a 50 day moving average of $3.35 and a 200-day moving average of $3.86. Kosmos Energy Ltd. has a 52 week low of $2.62 and a 52 week high of $6.58.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. On average, analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew G. Inglis sold 102,701 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $320,427.12. Following the transaction, the chief executive officer now directly owns 4,236,691 shares of the company’s stock, valued at $13,218,475.92. The trade was a 2.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Ronald W. Glass sold 16,182 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,487.84. Following the transaction, the chief accounting officer now directly owns 320,231 shares in the company, valued at approximately $999,120.72. The trade was a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 503,970 shares of company stock valued at $1,572,386 over the last three months. Company insiders own 2.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on KOS shares. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Mizuho decreased their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Benchmark reduced their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Sanford C. Bernstein reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $5.52.

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.