Brevan Howard Capital Management LP Takes Position in Kosmos Energy Ltd. (NYSE:KOS)

Brevan Howard Capital Management LP purchased a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS) during the 4th quarter, Holdings Channel reports. The fund purchased 69,866 shares of the oil and gas producer’s stock, valued at approximately $239,000.

Several other hedge funds have also added to or reduced their stakes in the company. Grantham Mayo Van Otterloo & Co. LLC lifted its position in Kosmos Energy by 22.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 32,627,567 shares of the oil and gas producer’s stock valued at $111,586,000 after purchasing an additional 5,906,210 shares during the period. William Blair Investment Management LLC lifted its holdings 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 buying an additional 4,114,499 shares during the period. Equinox Partners Investment Management LLC lifted its holdings 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 buying an additional 3,218,394 shares during the period. American Century Companies Inc. boosted its stake in 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 acquiring an additional 2,997,438 shares during the last quarter. Finally, Barclays PLC grew its holdings in Kosmos Energy by 85.0% during the 4th quarter. Barclays PLC now owns 5,611,213 shares of the oil and gas producer’s stock worth $19,190,000 after acquiring an additional 2,578,431 shares during the period. Institutional investors own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Kosmos Energy Stock Performance

Shares of KOS stock opened at $1.80 on Monday. 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 52 week low of $1.39 and a 52 week high of $6.33. The company’s 50 day moving average price is $1.92 and its two-hundred day moving average price is $2.92. The company has a market capitalization of $858.03 million, a P/E ratio of 4.08, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46.

Kosmos Energy (NYSE:KOS) last issued 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 company had revenue of $290.43 million for 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%. On average, analysts expect that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal 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.