Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by RWC Asset Advisors US LLC

RWC Asset Advisors US LLC reduced its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 13.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,288,254 shares of the oil and gas producer’s stock after selling 512,018 shares during the quarter. Kosmos Energy makes up approximately 2.2% of RWC Asset Advisors US LLC’s holdings, making the stock its 10th largest holding. RWC Asset Advisors US LLC owned about 0.70% of Kosmos Energy worth $11,246,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of KOS. Creative Planning boosted its stake in Kosmos Energy by 1,274.2% in the third quarter. Creative Planning now owns 217,556 shares of the oil and gas producer’s stock worth $877,000 after purchasing an additional 201,725 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Kosmos Energy by 250.4% in the third quarter. Raymond James & Associates now owns 923,914 shares of the oil and gas producer’s stock valued at $3,723,000 after buying an additional 660,261 shares during the last quarter. Signaturefd LLC lifted its position in 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 buying an additional 10,740 shares in the last quarter. Graham Capital Wealth Management LLC bought a new stake in Kosmos Energy during the 3rd quarter worth about $2,443,000. Finally, Harbor Capital Advisors Inc. increased its position in Kosmos Energy by 81.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,291,464 shares of the oil and gas producer’s stock valued at $5,205,000 after acquiring an additional 579,859 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Insider Activity at Kosmos Energy

In related news, SVP Josh R. Marion sold 16,144 shares of Kosmos Energy 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 transaction, the senior vice president now owns 172,057 shares of the company’s stock, valued at $536,817.84. This trade represents a 8.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew G. Inglis sold 138,689 shares of the company’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 completion of 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 503,970 shares of company stock worth $1,572,386. 2.02% of the stock is owned by insiders.

Analyst Ratings Changes

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

Kosmos Energy Stock Performance

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

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.