Woodmont Investment Counsel LLC Grows Stock Position in Kosmos Energy Ltd. (NYSE:KOS)

Woodmont Investment Counsel LLC raised its position in Kosmos Energy Ltd. (NYSE:KOS) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,818 shares of the oil and gas producer’s stock after purchasing an additional 2,888 shares during the period. Woodmont Investment Counsel LLC’s holdings in Kosmos Energy were worth $1,304,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KOS. Insigneo Advisory Services LLC lifted its holdings in shares of Kosmos Energy by 13.0% during the 3rd quarter. Insigneo Advisory Services LLC now owns 22,958 shares of the oil and gas producer’s stock worth $188,000 after acquiring an additional 2,637 shares during the period. O Shaughnessy Asset Management LLC increased its position in Kosmos Energy by 25.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 15,888 shares of the oil and gas producer’s stock worth $130,000 after purchasing an additional 3,221 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Kosmos Energy by 2.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 205,527 shares of the oil and gas producer’s stock worth $1,379,000 after purchasing an additional 4,057 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in Kosmos Energy during the 4th quarter worth approximately $27,000. Finally, Principal Financial Group Inc. increased its position in Kosmos Energy by 10.7% during the 4th quarter. Principal Financial Group Inc. now owns 52,907 shares of the oil and gas producer’s stock worth $355,000 after purchasing an additional 5,130 shares in the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock remained flat at $5.57 during trading on Tuesday. The stock had a trading volume of 1,272,724 shares, compared to its average volume of 6,879,216. Kosmos Energy Ltd. has a fifty-two week low of $5.07 and a fifty-two week high of $8.28. The company has a current ratio of 0.91, a quick ratio of 0.64 and a debt-to-equity ratio of 2.48. The business’s fifty day moving average is $5.75 and its two-hundred day moving average is $5.99. The company has a market capitalization of $2.63 billion, a PE ratio of 12.20, a P/E/G ratio of 0.44 and a beta of 2.41.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 EPS for the quarter. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. The company had revenue of $419.14 million for the quarter. On average, equities research analysts expect that Kosmos Energy Ltd. will post 0.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Benchmark reissued a “buy” rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday, June 25th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $9.30.

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.