Brevan Howard Capital Management LP Makes New Investment in Kosmos Energy Ltd. (NYSE:KOS)

Brevan Howard Capital Management LP acquired a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 69,866 shares of the oil and gas producer’s stock, valued at approximately $239,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Kosmos Energy by 22.1% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock worth $111,586,000 after buying an additional 5,906,210 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Kosmos Energy by 11.3% during the 4th quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock valued at $101,083,000 after acquiring an additional 2,997,438 shares in the last quarter. William Blair Investment Management LLC increased its stake in Kosmos Energy by 28.1% in the fourth quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock valued at $64,104,000 after acquiring an additional 4,114,499 shares during the period. Equinox Partners Investment Management LLC increased its stake in Kosmos Energy by 39.2% in the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock valued at $39,063,000 after acquiring an additional 3,218,394 shares during the period. Finally, Invesco Ltd. raised its position in Kosmos Energy by 1.2% in the fourth quarter. Invesco Ltd. now owns 7,771,597 shares of the oil and gas producer’s stock worth $26,579,000 after purchasing an additional 89,356 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Kosmos Energy Stock Up 3.2%

Shares of KOS opened at $1.80 on Monday. The company has a market capitalization of $858.03 million, a P/E ratio of 4.08, a PEG ratio of 5.24 and a beta of 1.46. Kosmos Energy Ltd. has a one year low of $1.39 and a one year high of $6.33. The business’s 50 day simple moving average is $1.92 and its 200-day simple moving average is $2.92. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.07). The business had revenue of $290.43 million during the quarter, compared to analyst estimates of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. As a group, sell-side analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KOS. The Goldman Sachs Group decreased their price objective on Kosmos Energy from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, April 30th. StockNews.com lowered Kosmos Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th. Finally, Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Kosmos Energy has an average rating of “Hold” and a consensus price target of $5.18.

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.