RWC Asset Management LLP Sells 69,721 Shares of Kosmos Energy Ltd. (NYSE:KOS)

RWC Asset Management LLP lowered its stake in Kosmos Energy Ltd. (NYSE:KOS) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,819,433 shares of the oil and gas producer’s stock after selling 69,721 shares during the quarter. RWC Asset Management LLP owned about 0.61% of Kosmos Energy worth $18,918,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in KOS. Wetzel Investment Advisors Inc. bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $27,000. Procyon Advisors LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $74,000. Westhampton Capital LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $81,000. Valeo Financial Advisors LLC bought a new stake in Kosmos Energy during the 3rd quarter valued at approximately $104,000. Finally, Oak Thistle LLC bought a new stake in Kosmos Energy during the 4th quarter valued at approximately $119,000. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Up 0.9 %

Shares of Kosmos Energy stock traded up $0.05 on Friday, reaching $5.88. The company had a trading volume of 2,100,759 shares, compared to its average volume of 7,153,891. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 0.72 and a beta of 2.37. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.76 and a quick ratio of 0.49. The firm’s 50-day moving average price is $5.89 and its two-hundred day moving average price is $6.40. Kosmos Energy Ltd. has a 1 year low of $5.23 and a 1 year high of $8.28.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. Kosmos Energy had a return on equity of 39.94% and a net margin of 12.55%. The company had revenue of $507.81 million during the quarter. During the same quarter in the previous year, the firm earned $0.23 EPS. As a group, research analysts predict that Kosmos Energy Ltd. will post 0.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. TheStreet downgraded Kosmos Energy from a “b” rating to a “c+” rating in a research note on Monday, February 26th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $9.63.

Insider Activity at Kosmos Energy

In related news, SVP Jason Doughty sold 66,616 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $401,694.48. Following the completion of the transaction, the senior vice president now owns 1,458,018 shares in the company, valued at approximately $8,791,848.54. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Andrew G. Inglis sold 166,524 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total transaction of $1,004,139.72. Following the completion of the sale, the chief executive officer now directly owns 3,909,135 shares in the company, valued at approximately $23,572,084.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jason Doughty sold 66,616 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $6.03, for a total value of $401,694.48. Following the sale, the senior vice president now owns 1,458,018 shares of the company’s stock, valued at $8,791,848.54. The disclosure for this sale can be found here. Insiders sold a total of 335,337 shares of company stock worth $2,022,082 in the last quarter. 1.79% of the stock is owned by company insiders.

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.