Kosmos Energy (NYSE:KOS) Shares Gap Down - Should You Sell?

Shares of Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $4.04, but opened at $3.90. Kosmos Energy shares last traded at $3.92, with a volume of 555,169 shares traded.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Sanford C. Bernstein lowered their target price on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a research note on Tuesday, November 5th. Benchmark reduced their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Wednesday, November 13th. Mizuho began coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price objective on the stock. Finally, Bank of America lowered their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating for the company in a report on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Kosmos Energy has a consensus rating of "Moderate Buy" and a consensus target price of $6.60.

Kosmos Energy Price Performance

The firm's fifty day simple moving average is $4.06 and its 200-day simple moving average is $4.93. The firm has a market capitalization of $1.84 billion, a PE ratio of 9.18, a PEG ratio of 0.27 and a beta of 2.42. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Hedge Funds Weigh In On Kosmos Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. boosted its position in shares of Kosmos Energy by 17.2% during the second quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer's stock valued at $137,470,000 after buying an additional 3,636,663 shares during the last quarter. Webs Creek Capital Management LP bought a new position in Kosmos Energy during the 1st quarter valued at about $17,396,000. Bridgewater Associates LP boosted its holdings in shares of Kosmos Energy by 149.7% during the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer's stock valued at $13,220,000 after acquiring an additional 1,966,437 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock valued at $113,828,000 after acquiring an additional 1,933,216 shares during the last quarter. Finally, Equinox Partners Investment Management LLC grew its stake in shares of Kosmos Energy by 29.4% in the third quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer's stock worth $33,060,000 after acquiring an additional 1,863,966 shares during the period. 95.33% of the stock is owned by institutional investors.

About Kosmos Energy

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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