20,359 Shares in Kosmos Energy Ltd. (NYSE:KOS) Purchased by Parametrica Management Ltd

Parametrica Management Ltd acquired a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 20,359 shares of the oil and gas producer’s stock, valued at approximately $70,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KOS. Prudential Financial Inc. raised its stake in shares of Kosmos Energy by 144.5% in the 4th quarter. Prudential Financial Inc. now owns 908,500 shares of the oil and gas producer’s stock valued at $3,107,000 after acquiring an additional 536,900 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Kosmos Energy during the 4th quarter valued at about $361,000. Sei Investments Co. boosted its holdings in Kosmos Energy by 14.0% during the fourth quarter. Sei Investments Co. now owns 145,158 shares of the oil and gas producer’s stock worth $496,000 after buying an additional 17,808 shares during the last quarter. American Century Companies Inc. grew its position in shares of Kosmos Energy by 11.3% in the 4th quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock valued at $101,083,000 after purchasing an additional 2,997,438 shares during the period. Finally, VSM Wealth Advisory LLC bought a new stake in shares of Kosmos Energy in the fourth quarter worth $34,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kosmos Energy

In other news, CAO Ronald W. Glass sold 10,354 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total value of $32,304.48. Following the sale, the chief accounting officer now directly owns 299,498 shares in the company, valued at approximately $934,433.76. This trade represents a 3.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew G. Inglis sold 138,689 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $432,709.68. Following the transaction, the chief executive officer now owns 3,959,000 shares in the company, valued at approximately $12,352,080. This trade represents a 3.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 503,970 shares of company stock worth $1,572,386. Insiders own 2.02% of the company’s stock.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $2.27 on Wednesday. Kosmos Energy Ltd. has a 1-year low of $2.07 and a 1-year high of $6.58. The firm has a 50-day moving average of $2.89 and a 200-day moving average of $3.50. The firm has a market cap of $1.08 billion, a P/E ratio of 5.16, a P/E/G ratio of 5.24 and a beta of 2.31. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $397.66 million during the quarter, compared to the consensus estimate of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Sell-side analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on KOS shares. Mizuho decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Finally, Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.52.

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.