Northern Trust Corp grew its position in shares of Kosmos Energy Ltd (NYSE:KOS) by 18.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,364,025 shares of the oil and gas producer’s stock after buying an additional 212,668 shares during the quarter. Northern Trust Corp’s holdings in Kosmos Energy were worth $11,281,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Trexquant Investment LP bought a new stake in shares of Kosmos Energy during the second quarter valued at approximately $139,000. Cubist Systematic Strategies LLC grew its stake in shares of Kosmos Energy by 47.4% during the second quarter. Cubist Systematic Strategies LLC now owns 26,260 shares of the oil and gas producer’s stock valued at $217,000 after purchasing an additional 8,441 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Kosmos Energy during the second quarter valued at approximately $250,000. State of Alaska Department of Revenue grew its stake in shares of Kosmos Energy by 70.8% during the second quarter. State of Alaska Department of Revenue now owns 30,992 shares of the oil and gas producer’s stock valued at $256,000 after purchasing an additional 12,842 shares during the last quarter. Finally, Unigestion Holding SA bought a new stake in shares of Kosmos Energy during the second quarter valued at approximately $496,000. 93.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of KOS stock opened at $6.04 on Friday. Kosmos Energy Ltd has a 52-week low of $5.15 and a 52-week high of $9.75. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.02 and a quick ratio of 0.79.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, November 5th. The oil and gas producer reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.09). Kosmos Energy had a negative net margin of 51.49% and a negative return on equity of 21.93%. The business had revenue of $250.20 million during the quarter, compared to the consensus estimate of $239.20 million. During the same period in the previous year, the business posted ($0.09) earnings per share. Kosmos Energy’s revenue was up 65.5% compared to the same quarter last year. Analysts predict that Kosmos Energy Ltd will post -0.39 earnings per share for the current fiscal year.

Several analysts have recently commented on KOS shares. Barclays set a $11.00 price target on shares of Kosmos Energy and gave the company a “buy” rating in a research note on Wednesday, August 29th. Zacks Investment Research cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Thursday, September 20th. Goldman Sachs Group started coverage on shares of Kosmos Energy in a research note on Tuesday, October 2nd. They set a “neutral” rating on the stock. ValuEngine cut shares of Kosmos Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th. Finally, Raymond James cut shares of Kosmos Energy from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, September 26th. They noted that the move was a valuation call. One research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. Kosmos Energy presently has a consensus rating of “Buy” and an average target price of $10.02.

In other Kosmos Energy news, major shareholder Iv Gp L.L.C. Bcp sold 3,295,571 shares of the firm’s stock in a transaction that occurred on Wednesday, September 19th. The shares were sold at an average price of $8.94, for a total value of $29,462,404.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David Benjamin Krieger sold 5,684,429 shares of the firm’s stock in a transaction that occurred on Wednesday, September 19th. The shares were sold at an average price of $8.94, for a total transaction of $50,818,795.26. The disclosure for this sale can be found here. 3.76% of the stock is currently owned by company insiders.

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Kosmos Energy Profile

Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.

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Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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