Axa S.A. Raises Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Axa S.A. grew its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS) by 1,714.3% during the 4th quarter, HoldingsChannel reports. The firm owned 313,826 shares of the oil and gas producer’s stock after buying an additional 296,529 shares during the period. Axa S.A.’s holdings in Kosmos Energy were worth $1,073,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in Kosmos Energy by 103.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,272,525 shares of the oil and gas producer’s stock valued at $4,352,000 after acquiring an additional 647,921 shares in the last quarter. American Century Companies Inc. grew its position in shares of Kosmos Energy by 11.3% in the fourth 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 purchasing an additional 2,997,438 shares in the last quarter. Barclays PLC increased its holdings in shares of Kosmos Energy by 85.0% in the fourth quarter. Barclays PLC now owns 5,611,213 shares of the oil and gas producer’s stock valued at $19,190,000 after purchasing an additional 2,578,431 shares during the last quarter. Equinox Partners Investment Management LLC lifted its position 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 in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in Kosmos Energy by 33.2% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 536,870 shares of the oil and gas producer’s stock worth $1,836,000 after buying an additional 133,704 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on KOS. Benchmark lowered Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. StockNews.com lowered shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group cut their price target on shares of Kosmos Energy from $4.00 to $3.50 and set a “buy” rating for the company in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.18.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $1.80 on Friday. The company’s 50 day simple moving average is $1.92 and its 200-day simple moving average is $2.94. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.33. The company has a market capitalization of $858.03 million, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results 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). Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. The firm had revenue of $290.43 million for the quarter, compared to analyst estimates of $338.23 million. As a group, equities research analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

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.