RWC Asset Advisors US LLC Sells 512,018 Shares of Kosmos Energy Ltd. (NYSE:KOS)

RWC Asset Advisors US LLC decreased its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 13.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,288,254 shares of the oil and gas producer's stock after selling 512,018 shares during the quarter. Kosmos Energy comprises approximately 2.2% of RWC Asset Advisors US LLC's portfolio, making the stock its 10th biggest holding. RWC Asset Advisors US LLC owned about 0.70% of Kosmos Energy worth $11,246,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of KOS. Creative Planning lifted its stake in shares of Kosmos Energy by 1,274.2% during the 3rd quarter. Creative Planning now owns 217,556 shares of the oil and gas producer's stock worth $877,000 after purchasing an additional 201,725 shares during the period. Raymond James & Associates raised its holdings in shares of Kosmos Energy by 250.4% in the 3rd quarter. Raymond James & Associates now owns 923,914 shares of the oil and gas producer's stock worth $3,723,000 after purchasing an additional 660,261 shares during the period. Signaturefd LLC raised its holdings in shares of Kosmos Energy by 39,777.8% in the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer's stock worth $43,000 after purchasing an additional 10,740 shares during the period. Graham Capital Wealth Management LLC acquired a new stake in shares of Kosmos Energy in the third quarter valued at about $2,443,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Kosmos Energy by 81.5% in the third quarter. Harbor Capital Advisors Inc. now owns 1,291,464 shares of the oil and gas producer's stock valued at $5,205,000 after buying an additional 579,859 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

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Kosmos Energy Stock Up 5.5 %

Shares of KOS traded up $0.15 during trading hours on Thursday, reaching $2.80. The company's stock had a trading volume of 8,966,710 shares, compared to its average volume of 8,041,854. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 6.35, a P/E/G ratio of 5.24 and a beta of 2.41. Kosmos Energy Ltd. has a 1-year low of $2.58 and a 1-year high of $6.58. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The company has a 50 day moving average of $3.32 and a two-hundred day moving average of $3.83.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $397.66 million during the quarter, compared to analyst estimates of $387.60 million. As a group, research analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insiders Place Their Bets

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 value of $50,487.84. Following the completion of the transaction, the chief accounting officer now directly 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 document filed with the SEC, which is available through this hyperlink. Also, SVP Christopher James Ball sold 84,898 shares of the company'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 $264,881.76. Following the completion of the transaction, the senior vice president now owns 1,639,925 shares of the company's stock, valued at $5,116,566. The trade was a 4.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 over the last 90 days. 2.02% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

KOS has been the subject of a number of recent research reports. Benchmark lowered their target price on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. StockNews.com downgraded Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating and set a $5.60 target price on shares of Kosmos Energy in a report on Wednesday, December 18th. Sanford C. Bernstein reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research note on Tuesday, November 5th. 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 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 given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $5.52.

Kosmos Energy Company 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.