Kosmos Energy Ltd. (NYSE:KOS) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. boosted its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 11.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,556,382 shares of the oil and gas producer’s stock after purchasing an additional 2,997,438 shares during the quarter. American Century Companies Inc. owned approximately 6.26% of Kosmos Energy worth $101,083,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. PNC Financial Services Group Inc. raised its position in shares of Kosmos Energy by 10.7% during the 4th 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 during the period. Franklin Resources Inc. grew its stake in Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock worth $531,000 after buying an additional 4,640 shares during the last quarter. New York State Common Retirement Fund increased its position in Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer’s stock worth $588,000 after buying an additional 6,300 shares during the period. Xponance Inc. lifted its stake in Kosmos Energy by 21.1% in the fourth quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer’s stock valued at $127,000 after buying an additional 6,460 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy during the third quarter valued at $28,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Trading Down 0.2 %

Kosmos Energy stock opened at $2.26 on Tuesday. Kosmos Energy Ltd. has a 12-month low of $2.07 and a 12-month high of $6.58. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The stock has a market capitalization of $1.08 billion, a PE ratio of 5.13, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31. The firm has a 50 day simple moving average of $2.92 and a 200-day simple moving average of $3.52.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 12.21% and a return on equity of 31.08%. As a group, equities research 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 the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $320,427.12. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Josh R. Marion sold 16,144 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president now 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Mizuho reduced their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $5.52.

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.