First Eagle Investment Management LLC Boosts Stake in Kosmos Energy Ltd. (NYSE:KOS)

First Eagle Investment Management LLC grew its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 128.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,237,600 shares of the oil and gas producer's stock after acquiring an additional 695,000 shares during the period. First Eagle Investment Management LLC owned about 0.26% of Kosmos Energy worth $4,233,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in shares of Kosmos Energy by 10.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 45,393 shares of the oil and gas producer's stock worth $155,000 after buying an additional 4,381 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Kosmos Energy by 3.9% in the third quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock worth $531,000 after buying an additional 4,640 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of Kosmos Energy by 3.8% in the fourth quarter. New York State Common Retirement Fund now owns 171,852 shares of the oil and gas producer's stock worth $588,000 after buying an additional 6,300 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Kosmos Energy in the third quarter worth about $28,000. Finally, KBC Group NV lifted its position in shares of Kosmos Energy by 54.7% in the fourth quarter. KBC Group NV now owns 21,037 shares of the oil and gas producer's stock worth $72,000 after buying an additional 7,442 shares in the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity

In related news, CEO Andrew G. Inglis sold 138,689 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $12,352,080. This represents a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Josh R. Marion sold 16,144 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,369.28. Following the completion of the transaction, the senior vice president now directly owns 172,057 shares in the company, valued at approximately $536,817.84. This trade represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by insiders.

Analyst Ratings Changes

KOS has been the topic of a number of research analyst reports. Benchmark downgraded Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Mizuho decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Jefferies Financial Group reissued a "buy" rating and set a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Kosmos Energy presently has an average rating of "Hold" and a consensus target price of $5.52.

Kosmos Energy Trading Up 0.2 %

NYSE KOS traded up $0.01 during trading hours on Thursday, hitting $2.32. 9,008,686 shares of the company were exchanged, compared to its average volume of 7,690,179. The stock has a 50-day moving average price of $3.01 and a 200 day moving average price of $3.57. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a 52 week low of $2.07 and a 52 week high of $6.58. The stock has a market cap of $1.11 billion, a PE ratio of 5.26, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its earnings results 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). The business 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%. Analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal 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.