Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Bellevue Group AG

Bellevue Group AG cut its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 9.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 256,500 shares of the oil and gas producer’s stock after selling 27,500 shares during the quarter. Bellevue Group AG owned about 0.06% of Kosmos Energy worth $1,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in KOS. FMR LLC grew its stake in shares of Kosmos Energy by 7.4% during the 3rd quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer’s stock worth $502,455,000 after purchasing an additional 4,208,188 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Kosmos Energy by 13.7% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 22,338,054 shares of the oil and gas producer’s stock worth $182,725,000 after purchasing an additional 2,690,342 shares during the period. Jennison Associates LLC grew its stake in shares of Kosmos Energy by 81.7% during the 4th quarter. Jennison Associates LLC now owns 5,736,668 shares of the oil and gas producer’s stock worth $38,493,000 after purchasing an additional 2,580,191 shares during the period. William Blair Investment Management LLC grew its stake in shares of Kosmos Energy by 25.2% during the 3rd quarter. William Blair Investment Management LLC now owns 12,699,004 shares of the oil and gas producer’s stock worth $103,878,000 after purchasing an additional 2,559,942 shares during the period. Finally, Weiss Asset Management LP acquired a new position in shares of Kosmos Energy during the 4th quarter worth $14,762,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Kosmos Energy Trading Down 1.8 %

Shares of KOS stock opened at $5.59 on Tuesday. The firm has a market cap of $2.64 billion, a P/E ratio of 12.37, a PEG ratio of 0.44 and a beta of 2.39. Kosmos Energy Ltd. has a 1-year low of $5.23 and a 1-year high of $8.28. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.91 and a quick ratio of 0.64. The firm’s 50-day simple moving average is $5.94 and its 200-day simple moving average is $6.11.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $419.14 million during the quarter. Kosmos Energy had a net margin of 12.85% and a return on equity of 39.32%. As a group, equities analysts forecast that Kosmos Energy Ltd. will post 0.72 EPS 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.