Kosmos Energy Ltd. (NYSE:KOS) is RWC Asset Advisors US LLC’s 9th Largest Position

RWC Asset Advisors US LLC cut its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 1.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,599,325 shares of the oil and gas producer’s stock after selling 117,202 shares during the quarter. Kosmos Energy makes up 4.0% of RWC Asset Advisors US LLC’s holdings, making the stock its 9th biggest holding. RWC Asset Advisors US LLC’s holdings in Kosmos Energy were worth $50,991,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Wetzel Investment Advisors Inc. purchased a new stake in shares of Kosmos Energy during the 4th quarter valued at $27,000. Procyon Advisors LLC acquired a new position in shares of Kosmos Energy during the 4th quarter valued at $74,000. Westhampton Capital LLC acquired a new position in shares of Kosmos Energy during the 4th quarter valued at $81,000. Valeo Financial Advisors LLC acquired a new position in shares of Kosmos Energy during the 3rd quarter valued at $104,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of Kosmos Energy by 25.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 15,888 shares of the oil and gas producer’s stock valued at $130,000 after acquiring an additional 3,221 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Stock Up 0.9 %

KOS stock traded up $0.05 during trading on Friday, reaching $5.88. The stock had a trading volume of 2,100,759 shares, compared to its average volume of 7,153,891. Kosmos Energy Ltd. has a 1-year low of $5.23 and a 1-year high of $8.28. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 2.32. The company has a market capitalization of $2.77 billion, a P/E ratio of 13.36, a PEG ratio of 0.72 and a beta of 2.37. The firm has a fifty day moving average price of $5.89 and a 200 day moving average price of $6.40.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. Kosmos Energy had a net margin of 12.55% and a return on equity of 39.94%. The firm had revenue of $507.81 million for the quarter. During the same quarter in the prior year, the firm earned $0.23 EPS. On average, equities analysts anticipate that Kosmos Energy Ltd. will post 0.75 earnings per share for the current year.

Insider Activity

In other news, CFO Nealesh D. Shah sold 84,672 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $510,572.16. Following the sale, the chief financial officer now owns 1,502,206 shares in the company, valued at approximately $9,058,302.18. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CFO Nealesh D. Shah sold 84,672 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total value of $510,572.16. Following the sale, the chief financial officer now owns 1,502,206 shares in the company, valued at approximately $9,058,302.18. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Ronald W. Glass sold 17,525 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $6.03, for a total transaction of $105,675.75. Following the completion of the sale, the chief accounting officer now owns 290,855 shares in the company, valued at approximately $1,753,855.65. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 335,337 shares of company stock worth $2,022,082. 1.79% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

KOS has been the topic of several recent research reports. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, March 15th. TheStreet lowered shares of Kosmos Energy from a “b” rating to a “c+” rating in a report on Monday, February 26th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Kosmos Energy presently has an average rating of “Moderate Buy” and an average price target of $9.63.

Kosmos Energy 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.