American Century Companies Inc. increased its position in Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 11.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 29,556,382 shares of the oil and gas producer’s stock after purchasing an additional 2,997,438 shares during the period. American Century Companies Inc. owned about 0.06% of Kosmos Energy worth $101,083,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Kosmos Energy by 8.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock valued at $85,202,000 after purchasing an additional 1,588,990 shares during the period. William Blair Investment Management LLC grew its position in Kosmos Energy by 28.1% during the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock valued at $64,104,000 after purchasing an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC increased its stake in Kosmos Energy by 39.2% in the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after buying an additional 3,218,394 shares during the period. Geode Capital Management LLC lifted its position in Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after buying an additional 68,339 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Kosmos Energy by 13.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after buying an additional 847,635 shares during the period. 95.33% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Kosmos Energy
In related news, SVP Josh R. Marion sold 16,144 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the completion of the sale, the senior vice president now directly owns 172,057 shares of the company’s stock, valued at approximately $536,817.84. This represents a 8.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Nealesh D. Shah sold 56,987 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $177,799.44. Following the completion of the transaction, the chief financial officer now owns 1,711,580 shares in the company, valued at $5,340,129.60. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last 90 days. Insiders own 2.02% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Kosmos Energy
Kosmos Energy Trading Down 0.2 %
Kosmos Energy stock opened at $2.26 on Tuesday. Kosmos Energy Ltd. has a one year low of $2.07 and a one year high of $6.58. The company’s fifty day moving average price is $2.92 and its two-hundred day moving average price is $3.52. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 5.13, a PEG ratio of 5.24 and a beta of 2.31.
Kosmos Energy (NYSE:KOS – Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. The company had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. On average, analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.
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.
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