Thrivent Financial for Lutherans Takes Position in Kosmos Energy Ltd. (NYSE:KOS)

Thrivent Financial for Lutherans acquired a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 385,624 shares of the oil and gas producer's stock, valued at approximately $1,319,000. Thrivent Financial for Lutherans owned approximately 0.08% of Kosmos Energy at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of KOS. Intech Investment Management LLC acquired a new stake in Kosmos Energy in the third quarter valued at $544,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Kosmos Energy by 7.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,121,694 shares of the oil and gas producer's stock valued at $24,670,000 after acquiring 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 worth $6,860,000 after acquiring an additional 172,966 shares in the last quarter. PEAK6 Investments LLC purchased a new stake in Kosmos Energy during the third quarter worth approximately $262,000. Finally, Capstone Investment Advisors LLC acquired a new position in Kosmos Energy in the third quarter valued at approximately $97,000. 95.33% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 completion of the sale, the chief accounting officer now owns 320,231 shares in the company, valued at $999,120.72. This trade represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Josh R. Marion sold 16,144 shares of the business's stock in a transaction that occurred 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 in the company, valued at $536,817.84. The trade was a 8.58 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 503,970 shares of company stock valued at $1,572,386. Company insiders own 2.02% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on KOS shares. Jefferies Financial Group reissued a "buy" rating and set a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Mizuho cut 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. The Goldman Sachs Group decreased 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 note on Thursday, March 27th. Benchmark lowered Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, StockNews.com downgraded Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Kosmos Energy presently has an average rating of "Hold" and an average price target of $5.27.

Kosmos Energy Stock Performance

NYSE KOS traded down $0.31 during trading on Friday, reaching $1.50. The company's stock had a trading volume of 22,262,861 shares, compared to its average volume of 7,910,351. The business's fifty day moving average price is $2.66 and its 200-day moving average price is $3.40. Kosmos Energy Ltd. has a twelve month low of $1.39 and a twelve month high of $6.58. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a market cap of $714.47 million, a price-to-earnings ratio of 3.40, a P/E/G ratio of 5.24 and a beta of 2.31.

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

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.