Boston Partners Reduces Position in Kosmos Energy Ltd. (NYSE:KOS)

Boston Partners trimmed its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 86.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 661,121 shares of the oil and gas producer's stock after selling 4,362,832 shares during the period. Boston Partners owned about 0.14% of Kosmos Energy worth $2,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Hotchkis & Wiley Capital Management LLC raised its position in Kosmos Energy by 8.1% in the third 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 acquiring an additional 1,588,990 shares during the period. William Blair Investment Management LLC increased its stake 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 purchasing an additional 4,114,499 shares during the last quarter. Equinox Partners Investment Management LLC raised its holdings in shares of Kosmos Energy by 39.2% in the 4th 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 period. Geode Capital Management LLC lifted its stake in Kosmos Energy by 0.7% in the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer's stock valued at $42,650,000 after purchasing an additional 68,339 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Kosmos Energy by 13.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer's stock valued at $23,835,000 after purchasing an additional 847,635 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at Kosmos Energy

In related news, SVP Josh R. Marion sold 16,144 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,369.28. Following the transaction, the senior vice president now owns 172,057 shares of the company's stock, valued at $536,817.84. This represents a 8.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Ronald W. Glass sold 16,182 shares of the firm's stock in a transaction dated 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 in the company, valued at $999,120.72. The trade was a 4.81 % 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 over the last three months. 2.02% of the stock is owned by corporate insiders.

Kosmos Energy Price Performance

NYSE KOS traded up $0.08 during trading hours on Wednesday, hitting $2.35. The company had a trading volume of 5,971,825 shares, compared to its average volume of 9,195,829. The firm has a 50 day simple moving average of $2.89 and a 200 day simple moving average of $3.50. Kosmos Energy Ltd. has a 52 week low of $2.07 and a 52 week high of $6.58. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 5.33, a PEG ratio of 5.24 and a beta of 2.31. 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 issued its quarterly earnings data 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). The firm had revenue of $397.66 million for the quarter, compared to analysts' expectations of $387.60 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. Equities research analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KOS has been the topic of several research reports. StockNews.com lowered Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Benchmark cut Kosmos Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Jefferies Financial Group reiterated a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. Finally, Mizuho reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Kosmos Energy currently has a consensus rating of "Hold" and a consensus target price 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.