Boston Partners trimmed its position in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 40.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,405,659 shares of the oil and gas producer’s stock after selling 3,041,396 shares during the period. Boston Partners owned 0.96% of Kosmos Energy worth $29,315,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of KOS. Wetzel Investment Advisors Inc. purchased a new stake in shares of Kosmos Energy during the 4th quarter worth approximately $27,000. First Trust Direct Indexing L.P. bought a new position in Kosmos Energy during the fourth quarter valued at $68,000. Procyon Advisors LLC bought a new stake in shares of Kosmos Energy in the 4th quarter worth about $74,000. Jump Financial LLC purchased a new position in shares of Kosmos Energy during the 4th quarter worth about $76,000. Finally, Westhampton Capital LLC purchased a new stake in Kosmos Energy in the 4th quarter worth about $81,000. Institutional investors own 95.33% of the company’s stock.
Kosmos Energy Stock Performance
Shares of KOS stock traded down $0.08 during mid-day trading on Wednesday, reaching $6.02. The stock had a trading volume of 7,446,448 shares, compared to its average volume of 7,344,772. The company has a current ratio of 0.91, a quick ratio of 0.64 and a debt-to-equity ratio of 2.48. Kosmos Energy Ltd. has a 1-year low of $5.23 and a 1-year high of $8.28. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 13.09, a PEG ratio of 0.70 and a beta of 2.36. The business’s fifty day moving average is $5.90 and its 200-day moving average is $6.26.
Kosmos Energy (NYSE:KOS – Get Free Report) last released its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.31 EPS for the quarter, beating the consensus estimate of $0.23 by $0.08. The business had revenue of $507.81 million for the quarter. Kosmos Energy had a net margin of 12.85% and a return on equity of 39.32%. During the same period last year, the company earned $0.23 earnings per share. On average, research analysts forecast that Kosmos Energy Ltd. will post 0.79 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have commented on the company. TheStreet downgraded Kosmos Energy from a “b” rating to a “c+” rating in a research report on Monday, February 26th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $9.63.
Source:marketbeat.com