Natixis Advisors LLC Has $19.46 Million Position in Kosmos Energy Ltd. (NYSE:KOS)

Natixis Advisors LLC lessened its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 15.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,689,552 shares of the oil and gas producer’s stock after selling 1,021,304 shares during the period. Natixis Advisors LLC owned 1.21% of Kosmos Energy worth $19,458,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KOS. Equinox Partners Investment Management LLC lifted its position in shares of Kosmos Energy by 39.2% during 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 acquiring an additional 3,218,394 shares during the period. Bridgewater Associates LP raised its holdings in Kosmos Energy by 149.7% during the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock worth $13,220,000 after buying an additional 1,966,437 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Kosmos Energy by 8.1% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after buying an additional 1,588,990 shares during the last quarter. Barclays PLC raised its holdings in Kosmos Energy by 46.5% during the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock worth $12,221,000 after buying an additional 962,057 shares during the last quarter. Finally, Royce & Associates LP acquired a new position in Kosmos Energy during the third quarter worth $3,546,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $2.28 on Wednesday. The firm has a 50-day moving average of $3.03 and a 200-day moving average of $3.58. The company has a market cap of $1.09 billion, a P/E ratio of 5.17, a P/E/G ratio of 5.24 and a beta of 2.31. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. Kosmos Energy Ltd. has a one year low of $2.07 and a one year high of $6.58.

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

Analyst Ratings Changes

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

Insider Activity at Kosmos Energy

In related news, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $32,304.48. Following the completion of the transaction, the chief accounting officer now owns 299,498 shares in the company, valued at approximately $934,433.76. This represents a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew G. Inglis sold 102,701 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $320,427.12. Following the transaction, the chief executive officer now owns 4,236,691 shares of the company’s stock, valued at approximately $13,218,475.92. The trade was a 2.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is owned by company insiders.

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.