Huber Capital Management LLC Takes Position in Kosmos Energy Ltd. (NYSE:KOS)

Huber Capital Management LLC purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 214,900 shares of the oil and gas producer's stock, valued at approximately $735,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Kosmos Energy by 11.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer's stock valued at $6,860,000 after buying an additional 172,966 shares in the last quarter. American Century Companies Inc. increased its stake in 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 in the last quarter. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock worth $39,063,000 after purchasing an additional 3,218,394 shares during the last quarter. State of New Jersey Common Pension Fund D raised its holdings in Kosmos Energy by 33.2% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 536,870 shares of the oil and gas producer's stock worth $1,836,000 after purchasing an additional 133,704 shares during the last quarter. Finally, Barclays PLC boosted its position 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 purchasing an additional 962,057 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Trading Down 8.5 %

Shares of NYSE:KOS traded down $0.15 during trading on Tuesday, reaching $1.57. The stock had a trading volume of 9,342,228 shares, compared to its average volume of 9,616,859. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $6.58. The stock has a market cap of $747.92 million, a P/E ratio of 3.53, a PEG ratio of 5.24 and a beta of 1.94. The business has a fifty day moving average price of $2.63 and a 200-day moving average price of $3.38. 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 (NYSE:KOS - Get Free Report) last issued its earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share 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 firm had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. As a group, analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Kosmos Energy

In other news, CAO Ronald W. Glass sold 10,354 shares of Kosmos Energy 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 $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 trade represents a 3.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Nealesh D. Shah sold 56,987 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $177,799.44. Following the sale, the chief financial officer now directly owns 1,711,580 shares of the company's stock, valued at approximately $5,340,129.60. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 over the last 90 days. 2.02% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on KOS. Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Jefferies Financial Group restated a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. StockNews.com downgraded shares of Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. The Goldman Sachs Group dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Thursday, March 27th. Finally, Mizuho cut their price objective on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Kosmos Energy currently has a consensus rating of "Hold" and an average price target of $5.27.

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.