VSM Wealth Advisory LLC Makes New Investment in Kosmos Energy Ltd. (NYSE:KOS)

VSM Wealth Advisory LLC acquired a new position in Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $34,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Xponance Inc. raised its position in shares of Kosmos Energy by 21.1% in the 4th quarter. Xponance Inc. now owns 37,047 shares of the oil and gas producer’s stock valued at $127,000 after buying an additional 6,460 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of Kosmos Energy in the 4th quarter valued at approximately $1,319,000. William Blair Investment Management LLC raised its position in shares of Kosmos Energy by 28.1% in the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock valued at $64,104,000 after buying an additional 4,114,499 shares in the last quarter. Cibc World Markets Corp acquired a new position in shares of Kosmos Energy in the 4th quarter valued at approximately $150,000. Finally, Royce & Associates LP raised its position in shares of Kosmos Energy by 101.6% in the 4th quarter. Royce & Associates LP now owns 1,773,690 shares of the oil and gas producer’s stock valued at $6,066,000 after buying an additional 893,690 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Price Performance

KOS stock opened at $2.32 on Friday. The company has a 50 day simple moving average of $2.98 and a 200 day simple moving average of $3.56. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 5.26, a P/E/G ratio of 5.24 and a beta of 2.31. Kosmos Energy Ltd. has a 1 year low of $2.07 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 posted its earnings results 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 business had revenue of $397.66 million for the quarter, compared to the consensus estimate of $387.60 million. Research analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kosmos Energy news, CEO Andrew G. Inglis sold 138,689 shares of the business’s 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 $432,709.68. Following the sale, the chief executive officer now directly owns 3,959,000 shares of the company’s stock, valued at $12,352,080. The trade was a 3.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,369.28. Following the sale, the senior vice president now directly owns 172,057 shares in the company, valued at $536,817.84. The trade was a 8.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 503,970 shares of company stock valued at $1,572,386 in the last ninety days. 2.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Jefferies Financial Group restated a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. Benchmark cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Mizuho lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $5.52.

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.