21,180 Shares in Kosmos Energy Ltd. (NYSE:KOS) Purchased by Banco Santander S.A.

Banco Santander S.A. purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 21,180 shares of the oil and gas producer’s stock, valued at approximately $72,000.

A number of other hedge funds have also recently bought and sold shares of KOS. Sheets Smith Wealth Management grew its stake in Kosmos Energy by 64.1% in the third quarter. Sheets Smith Wealth Management now owns 64,735 shares of the oil and gas producer’s stock valued at $261,000 after purchasing an additional 25,290 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in Kosmos Energy by 23.2% in the third quarter. State of New Jersey Common Pension Fund D now owns 403,166 shares of the oil and gas producer’s stock valued at $1,625,000 after purchasing an additional 75,834 shares in the last quarter. Versor Investments LP bought a new position in Kosmos Energy in the third quarter valued at approximately $516,000. Victory Capital Management Inc. grew its stake in Kosmos Energy by 9.0% in the third quarter. Victory Capital Management Inc. now owns 118,209 shares of the oil and gas producer’s stock valued at $476,000 after purchasing an additional 9,753 shares in the last quarter. Finally, Royce & Associates LP bought a new position in Kosmos Energy in the third quarter valued at approximately $3,546,000. 95.33% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KOS. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Mizuho reduced their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Finally, Benchmark downgraded Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kosmos Energy presently has a consensus rating of “Hold” and an average price target of $5.52.

Kosmos Energy Stock Performance

NYSE:KOS opened at $2.12 on Tuesday. The stock has a market cap of $1.01 billion, a P/E ratio of 4.81, a PEG ratio of 5.24 and a beta of 2.31. The stock has a 50 day simple moving average of $3.23 and a 200 day simple moving average of $3.71. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a 1-year low of $2.07 and a 1-year high of $6.58.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results 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). The firm had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. Research analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Insider Buying and Selling

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of Kosmos Energy stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total value of $50,487.84. Following the completion of the transaction, the chief accounting officer now directly owns 320,231 shares of the company’s stock, valued at $999,120.72. The trade was a 4.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew G. Inglis sold 102,701 shares of Kosmos Energy stock in a transaction 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 transaction, the chief executive officer now directly owns 4,236,691 shares of the company’s stock, valued at $13,218,475.92. This represents a 2.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 503,970 shares of company stock valued at $1,572,386. Insiders own 2.02% of the company’s stock.

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.