RWC Asset Management LLP Cuts Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

RWC Asset Management LLP trimmed its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,316,049 shares of the oil and gas producer’s stock after selling 50,752 shares during the period. RWC Asset Management LLP owned 0.28% of Kosmos Energy worth $4,501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in Kosmos Energy in the 3rd quarter worth $28,000. CTC Alternative Strategies Ltd. acquired a new stake in Kosmos Energy during the third quarter worth about $43,000. Sapient Capital LLC bought a new position in shares of Kosmos Energy during the fourth quarter valued at approximately $37,000. Signaturefd LLC raised its position in shares of Kosmos Energy by 39,777.8% during the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 10,740 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Kosmos Energy in the 3rd quarter worth approximately $48,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Stock Down 4.3 %

Kosmos Energy stock opened at $3.21 on Monday. The company’s 50-day moving average price is $3.35 and its two-hundred day moving average price is $3.87. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 7.28, a PEG ratio of 5.24 and a beta of 2.41. Kosmos Energy Ltd. has a 52 week low of $2.62 and a 52 week high of $6.58. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KOS shares. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Benchmark lowered their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Mizuho reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Jefferies Financial Group restated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, Sanford C. Bernstein reduced their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Kosmos Energy presently has an average rating of “Moderate Buy” and an average price target of $5.52.

Insider Buying and Selling

In other Kosmos Energy news, CAO Ronald W. Glass sold 16,182 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.12, for a total transaction of $50,487.84. Following the sale, the chief accounting officer now owns 320,231 shares in the company, valued at approximately $999,120.72. The trade was a 4.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $50,369.28. Following the sale, the senior vice president now owns 172,057 shares in the company, valued at $536,817.84. This represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 503,970 shares of company stock worth $1,572,386. Corporate insiders own 2.02% of the company’s stock.

Kosmos Energy 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.