William Blair Investment Management LLC Has $64.10 Million Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

William Blair Investment Management LLC grew its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 28.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,743,734 shares of the oil and gas producer's stock after buying an additional 4,114,499 shares during the period. William Blair Investment Management LLC owned 3.97% of Kosmos Energy worth $64,104,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in KOS. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy during the third quarter worth approximately $28,000. CTC Alternative Strategies Ltd. bought a new position in shares of Kosmos Energy during the third quarter worth approximately $43,000. Sapient Capital LLC acquired a new stake in Kosmos Energy during the 4th quarter worth approximately $37,000. Caprock Group LLC bought a new stake in Kosmos Energy in the 3rd quarter valued at $48,000. Finally, Ballentine Partners LLC bought a new stake in Kosmos Energy in the 4th quarter valued at $58,000. 95.33% of the stock is currently owned by institutional investors.

Kosmos Energy Price Performance

NYSE KOS traded down $0.05 on Friday, hitting $2.27. 13,744,167 shares of the company's stock were exchanged, compared to its average volume of 9,298,700. The stock has a 50-day moving average of $2.98 and a 200-day moving average of $3.56. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 5.15, a P/E/G ratio of 5.24 and a beta of 2.31. Kosmos Energy Ltd. has a 52 week low of $2.07 and a 52 week high of $6.58. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

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Kosmos Energy (NYSE:KOS - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share 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 for the quarter, compared to the consensus estimate of $387.60 million. Analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of recent research reports. StockNews.com lowered shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. Mizuho dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Benchmark downgraded Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Jefferies Financial Group restated a "buy" rating and issued a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $5.52.

Insider Transactions at Kosmos Energy

In related news, SVP Josh R. Marion sold 16,144 shares of the 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 $50,369.28. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew G. Inglis sold 138,689 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $432,709.68. Following the completion of the sale, the chief executive officer now owns 3,959,000 shares in the company, valued at $12,352,080. This represents a 3.38 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by insiders.

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.