Trexquant Investment LP Makes New Investment in Kosmos Energy Ltd. (NYSE:KOS)

Trexquant Investment LP bought a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 418,351 shares of the oil and gas producer’s stock, valued at approximately $2,807,000. Trexquant Investment LP owned approximately 0.09% of Kosmos Energy at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. FMR LLC boosted its holdings in Kosmos Energy by 7.4% in the 3rd quarter. FMR LLC now owns 61,424,813 shares of the oil and gas producer’s stock valued at $502,455,000 after purchasing an additional 4,208,188 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in shares of Kosmos Energy by 13.7% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 22,338,054 shares of the oil and gas producer’s stock valued at $182,725,000 after buying an additional 2,690,342 shares during the period. Jennison Associates LLC raised its holdings in Kosmos Energy by 81.7% in the 4th quarter. Jennison Associates LLC now owns 5,736,668 shares of the oil and gas producer’s stock worth $38,493,000 after acquiring an additional 2,580,191 shares during the period. William Blair Investment Management LLC boosted its position in Kosmos Energy by 25.2% in the third quarter. William Blair Investment Management LLC now owns 12,699,004 shares of the oil and gas producer’s stock valued at $103,878,000 after buying an additional 2,559,942 shares in the last quarter. Finally, PointState Capital LP bought a new stake in shares of Kosmos Energy during the third quarter worth approximately $16,123,000. 95.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Kosmos Energy Stock Up 0.7 %

Shares of Kosmos Energy stock traded up $0.04 during trading on Friday, hitting $5.80. The company’s stock had a trading volume of 4,426,588 shares, compared to its average volume of 7,316,864. The company has a fifty day simple moving average of $5.95 and a two-hundred day simple moving average of $6.20. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.64 and a current ratio of 0.91. The company has a market capitalization of $2.73 billion, a PE ratio of 12.61, a P/E/G ratio of 0.46 and a beta of 2.36. Kosmos Energy Ltd. has a 52 week low of $5.23 and a 52 week high of $8.28.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. Kosmos Energy had a net margin of 12.85% and a return on equity of 39.32%. The business had revenue of $507.81 million during the quarter. During the same quarter in the prior year, the firm posted $0.23 earnings per share. Equities research analysts predict that Kosmos Energy Ltd. will post 0.72 earnings per share for the current year.

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.