Exchange Traded Concepts LLC Makes New $321,000 Investment in Kosmos Energy Ltd. (NYSE:KOS)

Exchange Traded Concepts LLC acquired a new stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 93,765 shares of the oil and gas producer's stock, valued at approximately $321,000.

A number of other institutional investors have also bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Kosmos Energy by 11.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer's stock worth $6,860,000 after buying an additional 172,966 shares during the last quarter. Graham Capital Wealth Management LLC purchased a new position in Kosmos Energy during the third quarter worth about $2,443,000. Woodmont Investment Counsel LLC grew its stake in shares of Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer's stock valued at $1,976,000 after buying an additional 283,624 shares during the period. Barclays PLC increased its holdings in shares of Kosmos Energy by 46.5% during the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer's stock worth $12,221,000 after buying an additional 962,057 shares during the last quarter. Finally, Millennium Management LLC raised its position in shares of Kosmos Energy by 34.9% during the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer's stock valued at $12,976,000 after buying an additional 606,195 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

KOS has been the subject of a number of research analyst reports. Mizuho lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Jefferies Financial Group restated a "buy" rating and set a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Benchmark cut their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Sanford C. Bernstein reduced their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research report on Tuesday, November 5th. Finally, StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $5.52.

Kosmos Energy Stock Down 2.0 %

Shares of NYSE:KOS traded down $0.07 during trading hours on Monday, reaching $3.12. The stock had a trading volume of 5,984,024 shares, compared to its average volume of 7,280,112. Kosmos Energy Ltd. has a 1 year low of $2.62 and a 1 year high of $6.58. The firm's 50 day moving average is $3.49 and its 200-day moving average is $4.10. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 4.67 and a beta of 2.41. 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 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.