BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 9.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,585,787 shares of the oil and gas producer's stock after buying an additional 314,293 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.76% of Kosmos Energy worth $14,451,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. Rothschild Investment LLC acquired a new position in shares of Kosmos Energy during the second quarter worth $26,000. CWM LLC increased its holdings in shares of Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock worth $36,000 after buying an additional 2,969 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Kosmos Energy by 39,777.8% during the third 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 in the last quarter. InTrack Investment Management Inc acquired a new position in shares of Kosmos Energy during the third quarter worth $44,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Kosmos Energy during the second quarter worth $61,000. 95.33% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of analysts recently weighed in on the company. Mizuho assumed coverage on Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price objective for the company. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a report on Wednesday, November 13th. Bank of America decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating for the company in a report on Wednesday, September 25th. Finally, Sanford C. Bernstein decreased 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Kosmos Energy presently has an average rating of "Hold" and an average price target of $5.75.
Read Our Latest Analysis on Kosmos Energy
Kosmos Energy Trading Up 0.5 %
Kosmos Energy stock traded up $0.02 during trading hours on Friday, reaching $4.02. 3,577,532 shares of the company's stock were exchanged, compared to its average volume of 9,127,974. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The firm's 50 day simple moving average is $4.07 and its 200 day simple moving average is $4.88. Kosmos Energy Ltd. has a twelve month low of $3.49 and a twelve month high of $7.07. The firm has a market capitalization of $1.90 billion, a PE ratio of 9.14, a PEG ratio of 0.51 and a beta of 2.42.
Kosmos Energy Company Profile
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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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