Kosmos Energy Ltd. (NYSE:KOS) Shares Purchased by Prudential Financial Inc.

Prudential Financial Inc. grew its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 144.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 908,500 shares of the oil and gas producer's stock after acquiring an additional 536,900 shares during the quarter. Prudential Financial Inc. owned about 0.19% of Kosmos Energy worth $3,107,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of KOS. Charles Schwab Investment Management Inc. increased its position in Kosmos Energy by 7.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,121,694 shares of the oil and gas producer's stock worth $24,670,000 after purchasing an additional 430,053 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Kosmos Energy by 11.3% during the 3rd 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 during the period. PEAK6 Investments LLC acquired a new position in Kosmos Energy in the third quarter valued at approximately $262,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Kosmos Energy in the third quarter worth approximately $28,000. Finally, Centiva Capital LP acquired a new stake in Kosmos Energy during the third quarter worth $503,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

Insider Buying and Selling at Kosmos Energy

In related news, CAO Ronald W. Glass sold 16,182 shares of the firm'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 sale, the chief accounting officer now owns 320,231 shares of the company's stock, valued at $999,120.72. This trade represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Christopher James Ball sold 84,898 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $264,881.76. Following the transaction, the senior vice president now owns 1,639,925 shares of the company's stock, valued at $5,116,566. This trade represents a 4.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 503,970 shares of company stock valued at $1,572,386 in the last quarter. Corporate insiders own 2.02% of the company's stock.

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Kosmos Energy Stock Up 11.5 %

Shares of NYSE KOS traded up $0.18 during midday trading on Monday, hitting $1.70. The company's stock had a trading volume of 19,029,415 shares, compared to its average volume of 7,954,685. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.58. The business's fifty day simple moving average is $2.63 and its two-hundred day simple moving average is $3.38. The firm has a market capitalization of $810.05 million, a price-to-earnings ratio of 3.85, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The oil and gas producer reported ($0.01) 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 during the quarter, compared to analyst estimates of $387.60 million. On average, equities analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on KOS. StockNews.com lowered Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Benchmark lowered shares of Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "buy" rating on the stock in a research note on Thursday, March 27th. Jefferies Financial Group reaffirmed a "buy" rating and set a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Finally, Mizuho cut 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Kosmos Energy presently has an average rating of "Hold" and a consensus 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.