Grantham Mayo Van Otterloo & Co. LLC Boosts Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Grantham Mayo Van Otterloo & Co. LLC grew its position in Kosmos Energy Ltd. (NYSE:KOS) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,627,567 shares of the oil and gas producer’s stock after purchasing an additional 5,906,210 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned about 6.91% of Kosmos Energy worth $111,586,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in KOS. American Century Companies Inc. increased its stake in Kosmos Energy by 11.3% in the 4th 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 buying an additional 2,997,438 shares during the last quarter. William Blair Investment Management LLC lifted its holdings in 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 worth $64,104,000 after acquiring an additional 4,114,499 shares during the period. Equinox Partners Investment Management LLC boosted its position in Kosmos Energy by 39.2% in the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after purchasing an additional 3,218,394 shares during the last quarter. Geode Capital Management LLC grew its stake in Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after purchasing an additional 68,339 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Kosmos Energy by 13.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after purchasing an additional 847,635 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

Insider Transactions at Kosmos Energy

In other Kosmos Energy news, CEO Andrew G. Inglis sold 102,701 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 $320,427.12. Following the sale, the chief executive officer now directly owns 4,236,691 shares in the company, valued at $13,218,475.92. This represents a 2.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Ronald W. Glass sold 16,182 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction 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 approximately $999,120.72. The trade was a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KOS. Benchmark lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, March 27th. Mizuho lowered their price target 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. StockNews.com downgraded Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $5.60 price target on shares of Kosmos Energy in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Kosmos Energy presently has an average rating of “Hold” and an average target price of $5.27.

Kosmos Energy Trading Down 16.9 %

NYSE:KOS opened at $1.50 on Friday. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.58. The stock’s fifty day moving average price is $2.66 and its two-hundred day moving average price is $3.41. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company has a market cap of $714.47 million, a P/E ratio of 3.40, a P/E/G ratio of 5.24 and a beta of 2.31.

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

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.