Kosmos Energy Ltd. (NYSE:KOS) Stake Raised by XTX Topco Ltd

XTX Topco Ltd grew its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 285.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 196,961 shares of the oil and gas producer's stock after acquiring an additional 145,797 shares during the quarter. XTX Topco Ltd's holdings in Kosmos Energy were worth $674,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grantham Mayo Van Otterloo & Co. LLC increased its stake in Kosmos Energy by 22.1% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer's stock worth $111,586,000 after acquiring an additional 5,906,210 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Kosmos Energy by 11.3% during the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer's stock valued at $101,083,000 after purchasing an additional 2,997,438 shares during the period. William Blair Investment Management LLC raised its stake in shares of Kosmos Energy by 28.1% during the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer's stock valued at $64,104,000 after purchasing an additional 4,114,499 shares during the period. Equinox Partners Investment Management LLC raised its stake in shares of Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock valued at $39,063,000 after purchasing an additional 3,218,394 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of 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 worth $42,650,000 after buying an additional 68,339 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kosmos Energy

In related news, CEO Andrew G. Inglis sold 138,689 shares of Kosmos Energy stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $432,709.68. Following the sale, the chief executive officer now directly owns 3,959,000 shares in the company, valued at $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Ronald W. Glass sold 10,354 shares of Kosmos Energy stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $32,304.48. Following the sale, the chief accounting officer now owns 299,498 shares in the company, valued at approximately $934,433.76. This represents a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last ninety days. 2.02% of the stock is currently owned by corporate insiders.

Kosmos Energy Stock Performance

Shares of KOS traded down $0.06 during midday trading on Wednesday, hitting $1.72. 3,191,285 shares of the stock traded hands, compared to its average volume of 9,867,500. Kosmos Energy Ltd. has a 1-year low of $1.39 and a 1-year high of $6.33. The firm has a market capitalization of $819.61 million, a PE ratio of 3.90, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. 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 business's 50 day moving average price is $2.26 and its two-hundred day moving average price is $3.16.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced 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 firm had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Equities research analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Analysts Set New Price Targets

KOS has been the subject of a number of research analyst reports. StockNews.com lowered shares of Kosmos Energy from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Benchmark downgraded shares of Kosmos Energy from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, 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 report on Thursday, March 27th. One equities research 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, the stock has an average rating of "Hold" and an average price target of $5.27.

Kosmos Energy 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.