Foundry Partners LLC Takes Position in Kosmos Energy Ltd. (NYSE:KOS)

Foundry Partners LLC bought a new position in Kosmos Energy Ltd. (NYSE:KOS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,875 shares of the oil and gas producer’s stock, valued at approximately $92,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KOS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Kosmos Energy by 11.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock worth $6,860,000 after purchasing an additional 172,966 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy during the third quarter valued at $28,000. Centiva Capital LP acquired a new stake in Kosmos Energy during the third quarter valued at $503,000. Point72 Asset Management L.P. purchased a new position in Kosmos Energy in the third quarter valued at $258,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Kosmos Energy in the third quarter worth about $156,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Kosmos Energy news, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the transaction, the senior vice president now directly owns 172,057 shares of the company’s stock, valued at $536,817.84. The trade was a 8.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Ronald W. Glass sold 10,354 shares of the 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 $32,304.48. Following the completion of the sale, the chief accounting officer now directly owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This trade represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by insiders.

Kosmos Energy Trading Down 16.9 %

KOS opened at $1.50 on Friday. The firm has a market capitalization of $714.47 million, a price-to-earnings ratio of 3.40, a price-to-earnings-growth ratio of 5.24 and a beta of 1.94. The company’s 50 day simple moving average is $2.66 and its two-hundred day simple moving average is $3.40. Kosmos Energy Ltd. has a 1-year low of $1.39 and a 1-year high of $6.58. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The company had revenue of $397.66 million for the quarter, compared to analyst estimates of $387.60 million. Analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on KOS shares. Mizuho cut their price target 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. 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. Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. 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 on the stock in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Kosmos Energy has an average rating of “Hold” and a consensus target price of $5.27.

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.