Marshall Wace North America L.P. Takes $222,000 Position in Kosmos Energy Ltd (NYSE:KOS)

Marshall Wace North America L.P. bought a new stake in shares of Kosmos Energy Ltd (NYSE:KOS) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 35,688 shares of the oil and gas producer’s stock, valued at approximately $222,000.

A number of other institutional investors have also made changes to their positions in KOS. AlphaCrest Capital Management LLC acquired a new position in shares of Kosmos Energy in the 4th quarter worth $55,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Kosmos Energy during the first quarter valued at $141,000. First Mercantile Trust Co. purchased a new position in Kosmos Energy in the first quarter valued at about $124,000. Hsbc Holdings PLC grew its stake in Kosmos Energy by 17.1% in the fourth quarter. Hsbc Holdings PLC now owns 19,955 shares of the oil and gas producer’s stock valued at $81,000 after purchasing an additional 2,911 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Kosmos Energy in the first quarter valued at about $127,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have commented on KOS shares. Zacks Investment Research downgraded ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th. Macquarie assumed coverage on Tullow Oil in a research report on Wednesday, May 1st. They issued a “neutral” rating for the company. ValuEngine cut Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, Barclays set a $226.00 price objective on Constellation Brands and gave the stock a “buy” rating in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $8.74.

KOS traded up $0.03 during mid-day trading on Friday, reaching $5.72. The stock had a trading volume of 2,949,389 shares, compared to its average volume of 4,533,860. The company has a market cap of $2.30 billion, a PE ratio of -12.17 and a beta of 2.03. The company has a quick ratio of 0.96, a current ratio of 1.17 and a debt-to-equity ratio of 2.50. The stock has a fifty day moving average price of $5.97. Kosmos Energy Ltd has a 52 week low of $3.53 and a 52 week high of $9.75.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, May 6th. The oil and gas producer reported ($0.06) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.03. The company had revenue of $296.80 million for the quarter, compared to the consensus estimate of $283.07 million. Kosmos Energy had a negative return on equity of 21.59% and a negative net margin of 9.02%. The firm’s quarterly revenue was up 133.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.06) EPS. On average, equities analysts expect that Kosmos Energy Ltd will post 0.3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 6th were paid a dividend of $0.0452 per share. This represents a $0.18 annualized dividend and a yield of 3.16%. The ex-dividend date was Wednesday, June 5th. Kosmos Energy’s payout ratio is presently -38.30%.

Kosmos Energy Profile

Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. Its primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. The company also maintains an exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins.

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Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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