Seven Eight Capital LP Invests $1.13 Million in Kosmos Energy Ltd. (NYSE:KOS)

Seven Eight Capital LP purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 204,483 shares of the oil and gas producer’s stock, valued at approximately $1,133,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vaughan Nelson Investment Management L.P. raised its position in shares of Kosmos Energy by 4.6% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer’s stock valued at $145,769,000 after buying an additional 1,166,726 shares in the last quarter. American Century Companies Inc. raised its position in Kosmos Energy by 17.2% during the second quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock valued at $137,470,000 after purchasing an additional 3,636,663 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Kosmos Energy by 0.8% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 17,574,855 shares of the oil and gas producer’s stock worth $117,927,000 after purchasing an additional 137,340 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in shares of Kosmos Energy by 13.5% in the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock valued at $75,460,000 after purchasing an additional 1,624,495 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Kosmos Energy by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock valued at $77,328,000 after purchasing an additional 258,460 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on KOS. Sanford C. Bernstein reduced their price objective on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 17th. Mizuho assumed coverage on shares of Kosmos Energy in a report on Thursday. They set a “neutral” rating and a $5.00 price target on the stock. Finally, Benchmark reissued a “buy” rating and issued a $8.00 price objective on shares of Kosmos Energy in a research note on Tuesday, August 6th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $7.97.

Kosmos Energy Stock Down 2.3 %

Shares of NYSE KOS opened at $4.25 on Friday. The company has a 50 day simple moving average of $4.85 and a 200 day simple moving average of $5.46. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. Kosmos Energy Ltd. has a 1 year low of $3.75 and a 1 year high of $8.28. The firm has a market cap of $2.00 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 0.53 and a beta of 2.42.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million for the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. On average, research analysts forecast that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

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.