Kosmos Energy Ltd. (NYSE:KOS) Stock Position Raised by Invesco Ltd.

Invesco Ltd. boosted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 1.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,771,597 shares of the oil and gas producer’s stock after purchasing an additional 89,356 shares during the period. Invesco Ltd. owned 1.65% of Kosmos Energy worth $26,579,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC increased its position in Kosmos Energy by 50.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 22,918 shares of the oil and gas producer’s stock worth $92,000 after purchasing an additional 7,728 shares during the last quarter. Barclays PLC boosted its stake in Kosmos Energy by 46.5% during 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 during the period. Geode Capital Management LLC grew its holdings in Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after buying an additional 68,339 shares during the last quarter. Synovus Financial Corp bought a new position in Kosmos Energy in the 3rd quarter worth approximately $92,000. Finally, Franklin Resources Inc. boosted its position in shares of Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock valued at $531,000 after acquiring an additional 4,640 shares during the period. 95.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on KOS shares. Benchmark cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, March 27th. Finally, StockNews.com lowered Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $5.27.

Insider Activity at Kosmos Energy

In other news, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,369.28. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the transaction, the chief accounting officer now directly owns 320,231 shares of the company’s stock, valued at $999,120.72. This trade represents a 4.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 503,970 shares of company stock worth $1,572,386. Company insiders own 2.02% of the company’s stock.

Kosmos Energy Stock Up 8.6 %

NYSE:KOS opened at $1.80 on Friday. 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 market cap of $861.18 million, a price-to-earnings ratio of 4.10, a PEG ratio of 5.24 and a beta of 1.94. The stock has a 50-day moving average price of $2.31 and a two-hundred day moving average price of $3.21. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.33.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). The business had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. As a group, equities analysts expect 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.