American Century Companies Inc. Raises Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

American Century Companies Inc. lifted its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 11.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 6.26% of Kosmos Energy worth $101,083,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in KOS. Victory Capital Management Inc. grew its position in shares of Kosmos Energy by 9.0% in the 3rd quarter. Victory Capital Management Inc. now owns 118,209 shares of the oil and gas producer's stock valued at $476,000 after buying an additional 9,753 shares during the last quarter. Caprock Group LLC bought a new stake in Kosmos Energy in the third quarter valued at approximately $48,000. Intech Investment Management LLC bought a new stake in Kosmos Energy in the third quarter valued at approximately $544,000. Charles Schwab Investment Management Inc. increased its position in Kosmos Energy by 7.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,121,694 shares of the oil and gas producer's stock valued at $24,670,000 after purchasing an additional 430,053 shares during the period. Finally, Bridgewater Associates LP raised its holdings in Kosmos Energy by 149.7% during the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer's stock worth $13,220,000 after purchasing an additional 1,966,437 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Stock Down 4.1 %

KOS stock traded down $0.10 during trading on Friday, reaching $2.22. 6,369,980 shares of the stock were exchanged, compared to its average volume of 7,804,232. The firm's 50 day moving average is $2.81 and its 200 day moving average is $3.47. The firm has a market cap of $1.06 billion, a P/E ratio of 5.03, a price-to-earnings-growth 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 Ltd. has a twelve month low of $2.07 and a twelve month high of $6.58.

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 (EPS) for the quarter, missing analysts' consensus estimates 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%. As a group, research analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Insider Transactions at Kosmos Energy

In related news, CAO Ronald W. Glass sold 16,182 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,487.84. Following the completion of the sale, the chief accounting officer now owns 320,231 shares in the company, valued at approximately $999,120.72. This represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew G. Inglis sold 138,689 shares of the firm's stock in a transaction on Wednesday, February 5th. The shares were 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. Insiders sold a total of 503,970 shares of company stock valued at $1,572,386 over the last three months. Corporate insiders own 2.02% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KOS shares. StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. Mizuho decreased their price target on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Jefferies Financial Group reissued a "buy" rating and issued a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, The Goldman Sachs Group lowered their target price on Kosmos Energy from $5.00 to $4.00 and set a "buy" rating for the company in a report on Thursday. One equities 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 stock. According to data from MarketBeat, Kosmos Energy presently has a consensus rating of "Hold" and a consensus target price of $5.27.

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.