Kosmos Energy Ltd. (NYSE:KOS) is RWC Asset Advisors US LLC’s 9th Largest Position

RWC Asset Advisors US LLC lowered its stake in Kosmos Energy Ltd. (NYSE:KOS) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,599,325 shares of the oil and gas producer’s stock after selling 117,202 shares during the period. Kosmos Energy makes up approximately 4.0% of RWC Asset Advisors US LLC’s investment portfolio, making the stock its 9th biggest position. RWC Asset Advisors US LLC owned 1.65% of Kosmos Energy worth $50,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D grew its position in Kosmos Energy by 8.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 369,647 shares of the oil and gas producer’s stock worth $2,480,000 after acquiring an additional 28,803 shares in the last quarter. Jennison Associates LLC grew its position in Kosmos Energy by 81.7% in the fourth quarter. Jennison Associates LLC now owns 5,736,668 shares of the oil and gas producer’s stock worth $38,493,000 after acquiring an additional 2,580,191 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of Kosmos Energy during the fourth quarter valued at approximately $27,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Kosmos Energy by 12.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 105,702 shares of the oil and gas producer’s stock valued at $709,000 after buying an additional 11,807 shares during the period. Finally, Oslo Asset Management AS boosted its position in shares of Kosmos Energy by 54.5% during the fourth quarter. Oslo Asset Management AS now owns 1,700,000 shares of the oil and gas producer’s stock valued at $11,407,000 after buying an additional 600,000 shares during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. TheStreet lowered Kosmos Energy from a “b” rating to a “c+” rating in a research report on Monday, February 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned 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 target price of $9.63.

Insiders Place Their Bets

In other Kosmos Energy news, CEO Andrew G. Inglis sold 166,524 shares of Kosmos Energy stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $1,004,139.72. Following the completion of the sale, the chief executive officer now owns 3,909,135 shares of the company’s stock, valued at approximately $23,572,084.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Andrew G. Inglis sold 166,524 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was 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 owns 3,909,135 shares of the company’s stock, valued at approximately $23,572,084.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Ronald W. Glass sold 17,525 shares of the business’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 $105,675.75. Following the completion of the transaction, the chief accounting officer now directly owns 290,855 shares of the company’s stock, valued at approximately $1,753,855.65. The disclosure for this sale can be found here. In the last 90 days, insiders sold 335,337 shares of company stock valued at $2,022,082. 1.79% of the stock is owned by company insiders.

Kosmos Energy Stock Up 0.9 %

KOS stock traded up $0.05 on Friday, hitting $5.88. 2,100,759 shares of the company’s stock were exchanged, compared to its average volume of 7,153,891. Kosmos Energy Ltd. has a 12-month low of $5.23 and a 12-month high of $8.28. The firm has a 50 day moving average price of $5.89 and a two-hundred day moving average price of $6.40. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.49 and a current ratio of 0.76. The stock has a market cap of $2.77 billion, a P/E ratio of 13.36, a price-to-earnings-growth ratio of 0.72 and a beta of 2.37.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. The firm had revenue of $507.81 million for the quarter. During the same quarter last year, the firm earned $0.23 earnings per share. As a group, equities research analysts expect that Kosmos Energy Ltd. will post 0.75 EPS for the current fiscal year.

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.