Barclays PLC Buys 962,057 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Barclays PLC lifted its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 46.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,032,782 shares of the oil and gas producer's stock after buying an additional 962,057 shares during the quarter. Barclays PLC owned about 0.64% of Kosmos Energy worth $12,221,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KOS. Comerica Bank boosted its stake in shares of Kosmos Energy by 27.1% in the 1st quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer's stock valued at $118,000 after purchasing an additional 4,213 shares during the last quarter. CWM LLC boosted its position in shares of Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock worth $36,000 after purchasing an additional 2,969 shares during the last quarter. SG Americas Securities LLC increased its holdings in Kosmos Energy by 46.2% in the second quarter. SG Americas Securities LLC now owns 59,416 shares of the oil and gas producer's stock valued at $329,000 after purchasing an additional 18,768 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Kosmos Energy during the 2nd quarter worth about $61,000. Finally, Raymond James & Associates bought a new stake in shares of Kosmos Energy in the 2nd quarter valued at about $1,461,000. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Stock Down 10.0 %

Shares of KOS stock traded down $0.30 on Monday, hitting $2.71. 36,995,844 shares of the stock were exchanged, compared to its average volume of 7,174,681. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The firm has a market capitalization of $1.28 billion, a P/E ratio of 6.05, a price-to-earnings-growth ratio of 0.48 and a beta of 2.41. Kosmos Energy Ltd. has a fifty-two week low of $2.62 and a fifty-two week high of $7.07. The business has a 50-day moving average of $3.91 and a 200 day moving average of $4.63.

Analysts Set New Price Targets

KOS has been the topic of several analyst reports. Bank of America cut their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. Sanford C. Bernstein lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a report on Tuesday, November 5th. Mizuho dropped their price target on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $5.50.

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.