Ameriprise Financial Inc. reduced its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 74.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 65,879 shares of the oil and gas producer’s stock after selling 189,330 shares during the quarter. Ameriprise Financial Inc.’s holdings in Kosmos Energy were worth $421,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. TIAA CREF Investment Management LLC lifted its position in shares of Kosmos Energy by 112.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 615,052 shares of the oil and gas producer’s stock worth $3,942,000 after buying an additional 325,281 shares during the last quarter. Teachers Advisors LLC lifted its position in shares of Kosmos Energy by 12.3% in the 2nd quarter. Teachers Advisors LLC now owns 221,786 shares of the oil and gas producer’s stock worth $1,422,000 after buying an additional 24,339 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of Kosmos Energy by 7.4% in the 2nd quarter. Alliancebernstein L.P. now owns 100,555 shares of the oil and gas producer’s stock worth $645,000 after buying an additional 6,900 shares during the last quarter. Swiss National Bank lifted its position in shares of Kosmos Energy by 22.7% in the 2nd quarter. Swiss National Bank now owns 387,400 shares of the oil and gas producer’s stock worth $2,483,000 after buying an additional 71,700 shares during the last quarter. Finally, Utah Retirement Systems lifted its position in shares of Kosmos Energy by 22.1% in the 2nd quarter. Utah Retirement Systems now owns 34,845 shares of the oil and gas producer’s stock worth $224,000 after buying an additional 6,300 shares during the last quarter.

Shares of Kosmos Energy Ltd. (NYSE:KOS) opened at $8.26 on Tuesday. Kosmos Energy Ltd. has a 52-week low of $4.57 and a 52-week high of $8.62. The company has a current ratio of 1.66, a quick ratio of 1.39 and a debt-to-equity ratio of 1.07.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Kosmos Energy had a negative return on equity of 8.88% and a negative net margin of 23.83%. The company had revenue of $151.20 million for the quarter, compared to the consensus estimate of $149.10 million. During the same quarter last year, the firm posted ($0.09) earnings per share. The firm’s quarterly revenue was up 126.9% compared to the same quarter last year. equities research analysts forecast that Kosmos Energy Ltd. will post -0.34 earnings per share for the current year.

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In other Kosmos Energy news, Director Yves-Louis Darricarrere sold 14,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $8.57, for a total transaction of $119,980.00. Following the sale, the director now directly owns 65,191 shares in the company, valued at approximately $558,686.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by insiders.

Several analysts recently weighed in on KOS shares. Bank of America Corporation started coverage on shares of Kosmos Energy in a research report on Friday, September 29th. They issued a “neutral” rating and a $9.00 price objective on the stock. Zacks Investment Research downgraded shares of Kosmos Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 11th. Citigroup Inc. cut their price objective on shares of Kosmos Energy from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Macquarie started coverage on shares of Kosmos Energy in a research report on Monday, August 7th. They issued an “outperform” rating and a $10.00 price objective on the stock. Finally, ValuEngine downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.50.

Kosmos Energy Company Profile

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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