GeoSphere Capital Management LLC raised its position in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 625,000 shares of the oil and gas producer’s stock after acquiring an additional 25,000 shares during the quarter. Kosmos Energy comprises 1.0% of GeoSphere Capital Management LLC’s investment portfolio, making the stock its 21st biggest holding. GeoSphere Capital Management LLC owned about 0.13% of Kosmos Energy worth $2,138,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in KOS. VSM Wealth Advisory LLC acquired a new stake in Kosmos Energy during the fourth quarter worth approximately $34,000. Disciplined Investors L.L.C. acquired a new stake in shares of Kosmos Energy during the 4th quarter worth approximately $36,000. Sapient Capital LLC bought a new stake in shares of Kosmos Energy in the 4th quarter valued at $37,000. Boothbay Fund Management LLC acquired a new position in shares of Kosmos Energy during the 4th quarter valued at $45,000. Finally, Ballentine Partners LLC acquired a new stake in Kosmos Energy in the fourth quarter worth $58,000. 95.33% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group cut their target price on Kosmos Energy from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, April 30th. Finally, Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. One 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 data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.18.
Kosmos Energy Stock Up 3.2 %
KOS opened at $1.80 on Friday. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $6.33. The firm has a market capitalization of $858.03 million, a P/E ratio of 4.08, a PEG ratio of 5.24 and a beta of 1.46. The company’s 50-day moving average is $1.92 and its 200 day moving average is $2.94. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.
Kosmos Energy (NYSE:KOS – Get Free Report) last posted its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.07). The firm had revenue of $290.43 million for the quarter, compared to the consensus estimate of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Research analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share 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.
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