Kosmos Energy Ltd. (KOS) Position Raised by Voya Investment Management LLC
Voya Investment Management LLC increased its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 11.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,325 shares of the oil and gas producer’s stock after purchasing an additional 5,379 shares during the period. Voya Investment Management LLC’s holdings in Kosmos Energy were worth $342,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in KOS. Wellington Management Group LLP acquired a new stake in shares of Kosmos Energy during the first quarter valued at about $448,000. Teachers Advisors LLC increased its position in shares of Kosmos Energy by 8.2% during the first quarter. Teachers Advisors LLC now owns 197,447 shares of the oil and gas producer’s stock valued at $1,315,000 after acquiring an additional 15,012 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Kosmos Energy by 17.6% during the first quarter. Vanguard Group Inc. now owns 3,323,207 shares of the oil and gas producer’s stock valued at $22,133,000 after acquiring an additional 497,769 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Kosmos Energy by 18.5% during the first quarter. Geode Capital Management LLC now owns 1,445,635 shares of the oil and gas producer’s stock valued at $9,627,000 after acquiring an additional 225,507 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Kosmos Energy by 25.0% during the first quarter. Dimensional Fund Advisors LP now owns 5,352,902 shares of the oil and gas producer’s stock valued at $35,646,000 after acquiring an additional 1,069,548 shares during the last quarter.
Kosmos Energy Ltd. (NYSE:KOS) opened at $8.37 on Monday. 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 Ltd. has a 12 month low of $4.39 and a 12 month high of $8.62.
Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.03). Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The business had revenue of $151.20 million during the quarter, compared to analysts’ expectations of $149.10 million. During the same period in the previous year, the business posted ($0.09) EPS. The company’s revenue for the quarter was up 126.9% compared to the same quarter last year. equities research analysts forecast that Kosmos Energy Ltd. will post -0.34 EPS for the current fiscal year.
A number of brokerages have weighed in on KOS. TheStreet upgraded shares of Kosmos Energy from a “d+” rating to a “c-” rating in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday. ValuEngine upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Macquarie began coverage on shares of Kosmos Energy in a research report on Monday, August 7th. They set an “outperform” rating and a $10.00 price target for the company. Finally, Bank of America Corporation began coverage on shares of Kosmos Energy in a research report on Friday, September 29th. They set a “neutral” rating and a $9.00 price target for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.50.
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About Kosmos Energy
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.
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