Woodmont Investment Counsel LLC Sells 217,044 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Woodmont Investment Counsel LLC lessened its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 44.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 273,383 shares of the oil and gas producer’s stock after selling 217,044 shares during the period. Woodmont Investment Counsel LLC’s holdings in Kosmos Energy were worth $935,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. William Blair Investment Management LLC increased its position in shares of Kosmos Energy by 28.1% during the 4th quarter. William Blair Investment Management LLC now owns 18,743,734 shares of the oil and gas producer’s stock worth $64,104,000 after purchasing an additional 4,114,499 shares during the last quarter. Equinox Partners Investment Management LLC increased its holdings in Kosmos Energy by 39.2% during the fourth quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after buying an additional 3,218,394 shares during the last quarter. American Century Companies Inc. raised its position in Kosmos Energy by 11.3% during the fourth quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer’s stock worth $101,083,000 after acquiring an additional 2,997,438 shares in the last quarter. Bridgewater Associates LP lifted its stake in Kosmos Energy by 149.7% in the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock valued at $13,220,000 after acquiring an additional 1,966,437 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its position in shares of Kosmos Energy by 8.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock valued at $85,202,000 after acquiring an additional 1,588,990 shares during the period. Institutional investors own 95.33% of the company’s stock.

Insider Buying and Selling at Kosmos Energy

In related news, CEO Andrew G. Inglis sold 138,689 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $432,709.68. Following the completion of the sale, the chief executive officer now directly owns 3,959,000 shares in the company, valued at approximately $12,352,080. The trade was a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Ronald W. Glass sold 10,354 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the sale, the chief accounting officer now directly owns 299,498 shares in the company, valued at $934,433.76. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 503,970 shares of company stock valued at $1,572,386 in the last quarter. Company insiders own 2.02% of the company’s stock.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $2.26 on Tuesday. The business’s 50 day moving average is $2.92 and its 200-day moving average is $3.52. The firm has a market cap of $1.08 billion, a P/E ratio of 5.13, a price-to-earnings-growth ratio of 5.24 and a beta of 2.31. Kosmos Energy Ltd. has a 1-year low of $2.07 and a 1-year high of $6.58. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, February 24th. The oil and gas producer reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $397.66 million for the quarter, compared to the consensus estimate of $387.60 million. Equities research analysts predict that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of research analyst reports. Mizuho dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, StockNews.com cut shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Kosmos Energy currently has an average rating of “Hold” and a consensus target price of $5.52.

About Kosmos Energy

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.