Intech Investment Management LLC bought a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 135,104 shares of the oil and gas producer's stock, valued at approximately $544,000.
Other large investors also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in Kosmos Energy during the second quarter valued at approximately $26,000. CWM LLC increased 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 valued at $36,000 after buying an additional 2,969 shares in the last quarter. Signaturefd LLC raised its stake in Kosmos Energy by 39,777.8% during the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer's stock worth $43,000 after buying an additional 10,740 shares during the period. InTrack Investment Management Inc bought a new position in Kosmos Energy during the third quarter worth about $44,000. Finally, Sequoia Financial Advisors LLC acquired a new position in Kosmos Energy in the second quarter valued at about $61,000. Institutional investors and hedge funds own 95.33% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on KOS. Bank of America cut their price objective on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. Mizuho started coverage on shares of Kosmos Energy in a research note on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price target on the stock. Benchmark lowered their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Sanford C. Bernstein cut their price objective 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 Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Monday, November 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $5.75.
Check Out Our Latest Analysis on KOS
Kosmos Energy Stock Down 3.6 %
Shares of Kosmos Energy stock traded down $0.14 during trading hours on Monday, reaching $3.80. 5,834,928 shares of the company's stock were exchanged, compared to its average volume of 6,888,442. The stock has a market cap of $1.79 billion, a P/E ratio of 8.64, a P/E/G ratio of 0.51 and a beta of 2.42. The company has a 50 day moving average of $4.03 and a two-hundred day moving average of $4.80. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a fifty-two week low of $3.49 and a fifty-two week high of $7.07.
About Kosmos Energy
(
Free Report)
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.
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