Sapient Capital LLC Makes New Investment in Kosmos Energy Ltd. (NYSE:KOS)

Sapient Capital LLC bought a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,720 shares of the oil and gas producer’s stock, valued at approximately $37,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bridgewater Associates LP increased its position in Kosmos Energy by 149.7% in the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock worth $13,220,000 after purchasing an additional 1,966,437 shares during the period. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Kosmos Energy by 7.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after purchasing an additional 1,933,216 shares during the last quarter. Equinox Partners Investment Management LLC grew its position in shares of Kosmos Energy by 29.4% during the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock worth $33,060,000 after buying an additional 1,863,966 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Kosmos Energy by 8.1% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after buying an additional 1,588,990 shares during the last quarter. Finally, M&G PLC lifted its holdings in Kosmos Energy by 20.0% in the third quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer’s stock valued at $23,647,000 after buying an additional 983,623 shares during the period. Institutional investors own 95.33% of the company’s stock.

Insider Transactions at Kosmos Energy

In other news, CAO Ronald W. Glass sold 10,354 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total transaction of $32,304.48. Following the completion of the transaction, the chief accounting officer now directly owns 299,498 shares of the company’s stock, valued at $934,433.76. This represents a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew G. Inglis sold 102,701 shares of Kosmos Energy 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 $320,427.12. Following the completion of the sale, the chief executive officer now directly owns 4,236,691 shares in the company, valued at approximately $13,218,475.92. This represents a 2.37 % decrease in their position. 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 quarter. Corporate insiders own 2.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on KOS. Sanford C. Bernstein dropped 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 report on Tuesday, November 5th. Benchmark decreased their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Mizuho cut their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $5.52.

Kosmos Energy Price Performance

NYSE KOS opened at $3.14 on Thursday. 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 stock has a market cap of $1.48 billion, a price-to-earnings ratio of 7.14, a PEG ratio of 4.69 and a beta of 2.41. The business has a 50 day simple moving average of $3.37 and a 200 day simple moving average of $3.97. Kosmos Energy Ltd. has a 52-week low of $2.62 and a 52-week high of $6.58.

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.