First Trust Advisors LP Has $8.49 Million Stake in Kosmos Energy Ltd. (NYSE:KOS)

First Trust Advisors LP lifted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 61.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,483,642 shares of the oil and gas producer’s stock after purchasing an additional 944,382 shares during the quarter. First Trust Advisors LP owned 0.53% of Kosmos Energy worth $8,494,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Kosmos Energy by 22.1% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock worth $111,586,000 after buying an additional 5,906,210 shares in the last quarter. American Century Companies Inc. grew its holdings in Kosmos Energy by 11.3% during the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock worth $101,083,000 after buying an additional 2,997,438 shares in the last quarter. William Blair Investment Management LLC grew its holdings in Kosmos Energy by 28.1% during the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock worth $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC grew its holdings in Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after buying an additional 3,218,394 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Kosmos Energy by 1.2% during the fourth quarter. Invesco Ltd. now owns 7,771,597 shares of the oil and gas producer’s stock worth $26,579,000 after buying an additional 89,356 shares in the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on KOS. Benchmark downgraded Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. The Goldman Sachs Group reduced their price objective on 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 downgraded 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 issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $5.27.

Kosmos Energy Stock Down 0.6 %

KOS stock opened at $1.71 on Tuesday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a market capitalization of $817.22 million, a price-to-earnings ratio of 3.89, a PEG ratio of 5.24 and a beta of 1.94. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $6.33. The stock has a fifty day moving average of $2.13 and a 200-day moving average of $3.08.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $397.66 million for the quarter, compared to the consensus estimate 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 research analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Insider Transactions at Kosmos Energy

In related news, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the sale, the chief accounting officer now owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This represents a 3.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Josh R. Marion sold 16,144 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 value of $50,369.28. Following the sale, the senior vice president now directly owns 172,057 shares in the company, valued at $536,817.84. This trade represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is 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.