Victory Capital Management Inc. Raises Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Victory Capital Management Inc. raised its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,679 shares of the oil and gas producer’s stock after buying an additional 5,838 shares during the quarter. Victory Capital Management Inc.’s holdings in Kosmos Energy were worth $588,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC raised its stake in Kosmos Energy by 7.4% during the third quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer’s stock valued at $502,455,000 after buying an additional 4,208,188 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its position 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. Vaughan Nelson Investment Management L.P. raised its position in shares of Kosmos Energy by 9.7% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 20,964,316 shares of the oil and gas producer’s stock worth $171,488,000 after purchasing an additional 1,845,273 shares during the period. William Blair Investment Management LLC raised its position 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, Natixis Advisors L.P. raised its position in shares of Kosmos Energy by 18.9% during the 3rd quarter. Natixis Advisors L.P. now owns 6,455,980 shares of the oil and gas producer’s stock worth $52,810,000 after purchasing an additional 1,024,925 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $5.76 on Friday. The stock has a market cap of $2.72 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 0.49 and a beta of 2.36. The business has a fifty day simple moving average of $5.95 and a 200-day simple moving average of $6.21. The company has a quick ratio of 0.64, a current ratio of 0.91 and a debt-to-equity ratio of 2.48. Kosmos Energy Ltd. has a 12 month low of $5.23 and a 12 month high of $8.28.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. The business had revenue of $507.81 million during the quarter. During the same period last year, the business earned $0.23 EPS. On average, sell-side analysts anticipate that Kosmos Energy Ltd. will post 0.72 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. TheStreet cut Kosmos Energy from a “b” rating to a “c+” rating in a research report on Monday, February 26th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy currently has an average rating of “Moderate Buy” and a consensus target price of $9.63.

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.