Kosmos Energy (NYSE:KOS) Raised to Hold at StockNews.com

Kosmos Energy (NYSE:KOS - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Wednesday.

Other research analysts have also recently issued research reports about the company. Mizuho assumed coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a "neutral" rating and a $5.00 price objective on the stock. Benchmark reduced their price objective 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. Bank of America cut their price target 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. Finally, Sanford C. Bernstein lowered 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. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Kosmos Energy has a consensus rating of "Moderate Buy" and an average target price of $6.60.

Kosmos Energy Stock Performance

Shares of NYSE:KOS traded up $0.03 on Wednesday, hitting $3.89. The company had a trading volume of 15,730,873 shares, compared to its average volume of 6,940,897. The stock has a 50 day moving average price of $4.08 and a 200 day moving average price of $4.98. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 8.80, a P/E/G ratio of 0.26 and a beta of 2.42. Kosmos Energy has a 1-year low of $3.49 and a 1-year high of $7.20.

Institutional Trading of Kosmos Energy

A number of hedge funds have recently made changes to their positions in KOS. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in Kosmos Energy by 28.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,331,131 shares of the oil and gas producer's stock valued at $19,853,000 after acquiring an additional 729,148 shares during the period. Graham Capital Wealth Management LLC acquired a new position in Kosmos Energy during the 3rd quarter worth about $2,443,000. Vanguard Group Inc. raised its position in shares of Kosmos Energy by 2.0% during the first quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer's stock worth $77,328,000 after acquiring an additional 258,460 shares during the last quarter. Woodmont Investment Counsel LLC boosted its holdings in Kosmos Energy by 137.1% in the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer's stock valued at $1,976,000 after acquiring an additional 283,624 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in Kosmos Energy by 34.9% during the 2nd 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. 95.33% of the stock is owned by institutional investors and hedge funds.

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.