Vaughan Nelson Investment Management L.P. Has $69.75 Million Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

Vaughan Nelson Investment Management L.P. lessened its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 27.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,395,199 shares of the oil and gas producer's stock after selling 7,850,216 shares during the period. Vaughan Nelson Investment Management L.P. owned about 4.32% of Kosmos Energy worth $69,752,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Fruth Investment Management lifted its stake in shares of Kosmos Energy by 10.2% in the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer's stock valued at $108,000 after buying an additional 2,500 shares in the last quarter. nVerses Capital LLC increased its holdings in Kosmos Energy by 13.6% in the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer's stock worth $125,000 after acquiring an additional 3,700 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer's stock valued at $531,000 after purchasing an additional 4,640 shares during the period. Avidian Wealth Enterprises LLC lifted its stake in Kosmos Energy by 42.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer's stock worth $66,000 after purchasing an additional 4,921 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Kosmos Energy in the 3rd quarter valued at about $28,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of the business's 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 directly owns 320,231 shares in the company, valued at approximately $999,120.72. The trade was a 4.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now owns 172,057 shares of the company's stock, valued at approximately $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 quarter, insiders sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on KOS shares. 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. StockNews.com raised Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. 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 report on Tuesday, November 5th. Jefferies Financial Group restated a "buy" rating and issued a $5.60 price objective on shares of Kosmos Energy in a research report on Wednesday, December 18th. Finally, Benchmark decreased their target price on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $5.52.

Kosmos Energy Trading Down 2.8 %

Shares of Kosmos Energy stock traded down $0.09 during trading hours on Wednesday, hitting $3.14. The company's stock had a trading volume of 5,601,405 shares, compared to its average volume of 7,416,649. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 7.14, a P/E/G ratio of 4.69 and a beta of 2.41. Kosmos Energy Ltd. has a twelve month low of $2.62 and a twelve month high of $6.58. The firm has a fifty day moving average of $3.37 and a 200-day moving average of $3.97. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

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.