Kosmos Energy Ltd. (NYSE:KOS) Receives Average Recommendation of "Moderate Buy" from Brokerages

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has been given a consensus rating of "Moderate Buy" by the four ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $5.50.

Several brokerages recently weighed in on KOS. Mizuho lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Benchmark dropped their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Sanford C. Bernstein reduced their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research report on Tuesday, November 5th. Finally, Bank of America dropped their target price on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, September 25th.

Kosmos Energy Stock Performance

Shares of KOS stock traded up $0.52 during midday trading on Tuesday, hitting $3.23. The company had a trading volume of 31,437,205 shares, compared to its average volume of 7,274,597. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 7.34, a PEG ratio of 0.48 and a beta of 2.41. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company's 50 day simple moving average is $3.87 and its 200 day simple moving average is $4.61. Kosmos Energy has a 52-week low of $2.62 and a 52-week high of $7.07.

Institutional Trading of Kosmos Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Kosmos Energy by 11.3% in 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 valued at $6,860,000 after buying an additional 172,966 shares in the last quarter. Graham Capital Wealth Management LLC acquired a new stake in shares of Kosmos Energy in the 3rd quarter worth approximately $2,443,000. Woodmont Investment Counsel LLC increased its stake in 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 purchasing an additional 283,624 shares in the last quarter. Millennium Management LLC raised its holdings in Kosmos Energy by 34.9% during the second quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer's stock worth $12,976,000 after purchasing an additional 606,195 shares during the last quarter. Finally, M&G PLC boosted its position in Kosmos Energy by 20.0% during the third quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer's stock worth $23,647,000 after purchasing an additional 983,623 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Company 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.