Tower Research Capital LLC TRC Has $276,000 Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Tower Research Capital LLC TRC grew its stake in Kosmos Energy Ltd. (NYSE:KOS) by 421.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 80,754 shares of the oil and gas producer’s stock after buying an additional 65,256 shares during the period. Tower Research Capital LLC TRC’s holdings in Kosmos Energy were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in KOS. PNC Financial Services Group Inc. raised its position in Kosmos Energy by 10.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer’s stock worth $155,000 after purchasing an additional 4,381 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of 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 purchasing an additional 4,640 shares in the last quarter. New York State Common Retirement Fund grew its holdings in shares of 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 worth $588,000 after purchasing an additional 6,300 shares during the last quarter. Xponance Inc. increased its position in shares of Kosmos Energy by 21.1% during the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer’s stock worth $127,000 after purchasing an additional 6,460 shares in the last quarter. Finally, KBC Group NV lifted its holdings in Kosmos Energy by 54.7% during the 4th quarter. KBC Group NV now owns 21,037 shares of the oil and gas producer’s stock valued at $72,000 after purchasing an additional 7,442 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Insider Activity

In related 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 transaction of $50,369.28. Following the completion of the sale, the senior vice president now directly owns 172,057 shares of the company’s stock, valued at $536,817.84. The trade was a 8.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $320,427.12. Following the completion of the transaction, the chief executive officer now directly owns 4,236,691 shares in the company, valued at $13,218,475.92. The trade was a 2.37 % 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 valued at $1,572,386. 2.02% of the stock is currently owned by insiders.

Kosmos Energy Stock Up 4.6 %

Shares of KOS opened at $1.71 on Friday. The business’s fifty day moving average price is $2.02 and its two-hundred day moving average price is $3.02. The firm has a market capitalization of $815.01 million, a price-to-earnings ratio of 3.88, a PEG ratio of 5.24 and a beta of 1.94. Kosmos Energy Ltd. has a 52 week low of $1.39 and a 52 week high of $6.33. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

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 (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. On average, analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Wall Street Analyst Weigh In

KOS has been the subject of several recent analyst reports. The Goldman Sachs Group dropped their price objective on shares of Kosmos Energy from $4.00 to $3.50 and set a “buy” rating for the company in a report on Wednesday. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $5.18.

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.