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Vaughan Nelson Investment Management LP increased its stake in Kosmos Energy Ltd (NYSE: KOS) shares by 53.1% in the second quarter, according to the company in its latest filing with the Securities and Exchange Commission.The fund held 16,722,490 shares of the oil and gas producer after the purchase of 5,798,740 additional shares during the period.Sosmos Energy accounts for about 1.6% of Vaughan Nelson Investment Management LP & # 39; Vaughan Nelson Investment Management LP held approximately 4.22% of Kosmos Energy valued at $ 138,295,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added Eqis Capital Management Inc. has increased its position in Kosmos Energy by 133.9% in the second quarter. now owns 256,014 shares of the oil and gas producer worth $ 2,117,000 after purchasing 146,540 additional shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Kosmos Energy by 98.7% in the second quarter. BNP Paribas Arbitrage SA now holds 103,898 shares in oil and gas producers valued at $ 859,000 after purchasing 51,620 additional shares in the last quarter. Unigestion Holding SA acquired a new stake in Kosmos Energy during the second quarter, valued at approximately $ 496,000. Esbad Investment Management Co. LLC bought a new stake in Kosmos Energy during the second quarter valued at approximately $ 3,677,000. Finally, the Alaska State Revenue Department increased its position in Kosmos Energy by 70.8% in the second quarter. The Alaska State Department of Revenue now holds 30,992 shares of oil and gas producers worth $ 256,000 after purchasing 12,842 additional shares in the last quarter. 97.81% of the stock is currently held by institutional investors.
KOS stock opened at $ 7.62 on Friday. The company has a market capitalization of $ 3.02 billion, a capitalization ratio of -23.09 and a beta of 1.56. The company has a ratio of 1.25, a ratio of 1.03 and a debt ratio of 1.50. Kosmos Energy Ltd has a 12-month low of $ 5.15 and a 12-month high of $ 8.94.
Kosmos Energy (NYSE: KOS) released its financial results for the last time on Monday, May 7th. The oil and gas producer reported ($ 0.06) a profit per share (EPS) for the quarter, exceeding the consensus estimate of ($ 0.13) of $ 0.07. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. The company achieved a turnover of $ 127.18 million during the quarter, compared with $ 125.50 million for badysts. During the same period of the previous year, the company posted earnings per share of ($ 0.11). The business activity figure is down 16.3% over the same quarter of last year. Research badysts expect Kosmos Energy Ltd to post earnings per share of 0.05 for the current fiscal year.
Several badysts have recently commented on the stock. ValuEngine downgraded Kosmos Energy's shares from a "buy" rating to a "hold" note in a report on Wednesday. Zacks Investment Research has taken Kosmos Energy's shares from a "hold" rating to a "buy" rating and set a price target of $ 8.75 on the stock in a report on Thursday. Jefferies Financial Group downgraded Kosmos Energy's shares from a "buy" rating to a "hold" note and set a target price of $ 7.00 on the stock. in a report on Tuesday, May 8. Barclays upgraded Kosmos Energy's shares from an "equal weight" rating to an "overweight" rating and set a price target of $ 9.00 on the stock in a report on Thursday, May 17th. Finally, Royal Bank of Canada has upgraded Kosmos Energy shares from a sector performance rating to an "outperformance" rating and has set a target price of $ 10.00 on the stock in a report on Thursday. July the 5th. Three financial badysts gave a rating to the stock and eleven attributed a purchase grade to the company. The company has an average rating of "Buy" and an average price of $ 9.34
About Kosmos Energy
Kosmos Energy Ltd. explores and produces oil and gas in Africa and South America. Its portfolio of badets includes production projects and other development projects off Ghana and Equatorial Guinea; and potential exploration off Mauritania and Senegal, as well as exploration licenses off Côte d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe and Suriname
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