Capital International Investors Has $2.30 Million Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Capital International Investors trimmed its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 88.8% during the fourth quarter, HoldingsChannel reports. The fund owned 672,133 shares of the oil and gas producer’s stock after selling 5,304,464 shares during the period. Capital International Investors’ holdings in Kosmos Energy were worth $2,299,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Kosmos Energy by 22.1% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock valued at $111,586,000 after purchasing an additional 5,906,210 shares in the last quarter. William Blair Investment Management LLC boosted its position in Kosmos Energy by 28.1% during the 4th 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 acquiring an additional 4,114,499 shares during the last quarter. Equinox Partners Investment Management LLC grew its stake in shares of Kosmos Energy by 39.2% during the 4th 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 acquiring an additional 3,218,394 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Kosmos Energy by 11.3% in 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 purchasing an additional 2,997,438 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Kosmos Energy by 85.0% during the fourth quarter. Barclays PLC now owns 5,611,213 shares of the oil and gas producer’s stock worth $19,190,000 after purchasing an additional 2,578,431 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Ronald W. Glass sold 10,354 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the completion of the sale, the chief accounting officer now directly owns 299,498 shares in the company, valued at $934,433.76. The trade was a 3.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Nealesh D. Shah sold 56,987 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $177,799.44. Following the transaction, the chief financial officer now owns 1,711,580 shares in the company, valued at $5,340,129.60. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock worth $1,572,386 over the last three months. Insiders own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

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

Kosmos Energy Stock Performance

KOS opened at $1.80 on Monday. The company has a quick ratio of 0.47, a current ratio of 0.75 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. Kosmos Energy Ltd. has a 12-month low of $1.39 and a 12-month high of $6.33. The business has a 50 day moving average of $2.31 and a 200-day moving average of $3.19.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data 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 company had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. On average, equities research 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.