Kosmos Energy (NYSE:KOS - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a report issued on Friday.
Several other equities research analysts have also recently commented on the stock. Mizuho initiated coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price target on the stock. Benchmark dropped their target price on shares of 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 target price on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a report on Tuesday, November 5th. Finally, Bank of America decreased their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, September 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $5.75.
Get Our Latest Research Report on KOS
Kosmos Energy Price Performance
Shares of KOS traded down $0.08 during midday trading on Friday, reaching $3.47. The stock had a trading volume of 7,718,594 shares, compared to its average volume of 6,885,605. 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 has a market capitalization of $1.64 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.49 and a beta of 2.41. The firm's 50 day moving average price is $4.00 and its 200-day moving average price is $4.75. Kosmos Energy has a 52 week low of $3.39 and a 52 week high of $7.07.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in Kosmos Energy in the 2nd quarter worth approximately $26,000. CWM LLC boosted its position in shares of Kosmos Energy by 82.2% in 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 during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Kosmos Energy in the third quarter worth $28,000. CTC Alternative Strategies Ltd. purchased a new position in shares of Kosmos Energy during the third quarter valued at $43,000. Finally, Signaturefd LLC raised its position in 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 valued at $43,000 after buying an additional 10,740 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.
Kosmos Energy Company Profile
(
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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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