State of New Jersey Common Pension Fund D Raises Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

State of New Jersey Common Pension Fund D boosted its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 33.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 536,870 shares of the oil and gas producer's stock after buying an additional 133,704 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.11% of Kosmos Energy worth $1,836,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KOS. Bridgewater Associates LP raised its position 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 buying an additional 1,966,437 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in shares of Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock worth $113,828,000 after purchasing an additional 1,933,216 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Kosmos Energy by 8.1% during the 3rd 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 purchasing an additional 1,588,990 shares during the period. M&G PLC grew its stake in shares of Kosmos Energy by 20.0% during the 3rd quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer's stock worth $23,647,000 after purchasing an additional 983,623 shares during the period. Finally, Barclays PLC grew its stake in shares of Kosmos Energy by 46.5% during the 3rd 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 during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,487.84. Following the sale, the chief accounting officer now owns 320,231 shares of the company's stock, valued at $999,120.72. The trade was a 4.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Nealesh D. Shah sold 56,987 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The stock was 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 in the company, valued at approximately $5,340,129.60. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock valued at $1,572,386 in the last 90 days. 2.02% of the stock is owned by insiders.

Kosmos Energy Price Performance

Kosmos Energy stock traded up $0.01 during trading on Friday, reaching $2.80. The company had a trading volume of 8,810,125 shares, compared to its average volume of 8,061,590. The firm's 50-day simple moving average is $3.32 and its 200 day simple moving average is $3.83. Kosmos Energy Ltd. has a 1-year low of $2.58 and a 1-year high of $6.58. The firm has a market capitalization of $1.32 billion, a PE ratio of 6.37, a price-to-earnings-growth ratio of 5.24 and a beta of 2.41. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its earnings results 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). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The business had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. As a group, equities research analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on KOS shares. StockNews.com cut shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating and set a $5.60 price objective on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark dropped their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Sanford C. Bernstein dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research note on Tuesday, November 5th. Finally, Mizuho dropped their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, Kosmos Energy has a consensus rating of "Hold" and a consensus price target of $5.52.

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.