Capricorn Fund Managers Ltd Has $184,000 Position in Kosmos Energy Ltd. $KOS

Capricorn Fund Managers Ltd reduced its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 31.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,000 shares of the oil and gas producer’s stock after selling 50,000 shares during the period. Capricorn Fund Managers Ltd’s holdings in Kosmos Energy were worth $184,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC lifted its holdings in Kosmos Energy by 9.0% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 25,527,101 shares of the oil and gas producer’s stock worth $58,202,000 after purchasing an additional 2,110,306 shares during the last quarter. Invesco Ltd. lifted its holdings in Kosmos Energy by 40.2% during the 1st quarter. Invesco Ltd. now owns 10,898,600 shares of the oil and gas producer’s stock worth $24,849,000 after purchasing an additional 3,127,003 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Kosmos Energy by 11.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,784,911 shares of the oil and gas producer’s stock worth $17,750,000 after purchasing an additional 815,582 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Kosmos Energy by 26.8% during the 1st quarter. Russell Investments Group Ltd. now owns 5,319,520 shares of the oil and gas producer’s stock worth $12,129,000 after purchasing an additional 1,125,724 shares during the last quarter. Finally, Corigliano Investment Advisers LLC acquired a new stake in Kosmos Energy during the 1st quarter worth approximately $7,047,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $1.75 on Friday. The stock’s fifty day moving average price is $1.79 and its two-hundred day moving average price is $1.86. Kosmos Energy Ltd. has a one year low of $1.39 and a one year high of $4.69. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.45 and a quick ratio of 0.25. The firm has a market cap of $834.55 million, a PE ratio of -5.29 and a beta of 1.43.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, August 4th. The oil and gas producer reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.13). Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%.The company had revenue of $393.52 million for the quarter, compared to the consensus estimate of $444.26 million. As a group, research analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on KOS shares. Mizuho dropped their price target on Kosmos Energy from $3.00 to $2.00 and set a “neutral” rating for the company in a report on Monday, September 15th. The Goldman Sachs Group reissued a “neutral” rating and set a $2.00 price target (down from $3.00) on shares of Kosmos Energy in a report on Monday, September 22nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Kosmos Energy in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Kosmos Energy currently has a consensus rating of “Hold” and a consensus target price of $4.12.

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.