JPMorgan Chase & Co. Has $4.35 Million Position in Kosmos Energy Ltd. (NYSE:KOS)

JPMorgan Chase & Co. increased its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 103.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,272,525 shares of the oil and gas producer's stock after purchasing an additional 647,921 shares during the quarter. JPMorgan Chase & Co. owned about 0.27% of Kosmos Energy worth $4,352,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. William Blair Investment Management LLC raised its position in shares of Kosmos Energy by 28.1% during the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock worth $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Equinox Partners Investment Management LLC boosted its stake in 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 purchasing an additional 3,218,394 shares in the last quarter. American Century Companies Inc. increased its position in shares of Kosmos Energy by 11.3% during 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. Barclays PLC raised its stake in shares of Kosmos Energy by 46.5% in the 3rd 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 in the last quarter. Finally, Royce & Associates LP lifted its holdings in shares of Kosmos Energy by 101.6% in the fourth quarter. Royce & Associates LP now owns 1,773,690 shares of the oil and gas producer's stock valued at $6,066,000 after buying an additional 893,690 shares during the period. Institutional investors own 95.33% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KOS. The Goldman Sachs Group reduced 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 report on Thursday, March 27th. StockNews.com cut Kosmos Energy from a "hold" rating to a "sell" rating in a report 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 analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Kosmos Energy has an average rating of "Hold" and a consensus target price of $5.27.

Kosmos Energy Stock Down 0.3 %

NYSE:KOS traded down $0.01 during trading hours on Thursday, hitting $1.74. 987,065 shares of the stock traded hands, compared to its average volume of 8,098,951. The firm has a 50 day moving average price of $2.23 and a 200 day moving average price of $3.15. The firm has a market cap of $829.17 million, a price-to-earnings ratio of 3.94, a PEG ratio of 5.24 and a beta of 1.94. Kosmos Energy Ltd. has a fifty-two week low of $1.39 and a fifty-two week high of $6.33. 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 - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $397.66 million during the quarter, compared to analysts' expectations of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Equities research analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Insider Activity at Kosmos Energy

In related news, CEO Andrew G. Inglis sold 102,701 shares of the business's stock in a transaction on 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,487.84. Following the completion of the transaction, the chief accounting officer now directly owns 320,231 shares of the company's stock, valued at approximately $999,120.72. This trade represents a 4.81 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by corporate insiders.

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.