Loomis Sayles & Co. L P Trims Stake in Kosmos Energy Ltd. (NYSE:KOS)

Loomis Sayles & Co. L P trimmed its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 70.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,005,266 shares of the oil and gas producer's stock after selling 2,354,636 shares during the period. Loomis Sayles & Co. L P owned approximately 0.21% of Kosmos Energy worth $4,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rothschild Investment LLC bought a new stake in shares of Kosmos Energy during the 2nd quarter valued at $26,000. CWM LLC boosted its stake in Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock worth $36,000 after purchasing an additional 2,969 shares during the period. Signaturefd LLC grew its holdings in Kosmos Energy by 39,777.8% during the 3rd 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 in the last quarter. InTrack Investment Management Inc purchased a new stake in shares of Kosmos Energy in the third quarter worth about $44,000. Finally, Naviter Wealth LLC purchased a new stake in shares of Kosmos Energy in the third quarter worth about $48,000. Institutional investors own 95.33% of the company's stock.

Kosmos Energy Price Performance

NYSE KOS traded up $0.07 on Thursday, reaching $3.90. 5,332,157 shares of the company's stock traded hands, compared to its average volume of 6,905,488. The stock has a market cap of $1.84 billion, a PE ratio of 8.86, a P/E/G ratio of 0.51 and a beta of 2.42. Kosmos Energy Ltd. has a 12 month low of $3.49 and a 12 month high of $7.07. The stock has a 50-day simple moving average of $4.04 and a 200 day simple moving average of $4.84. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Analyst Ratings Changes

A number of analysts recently weighed in on KOS shares. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a report on Monday. Benchmark lowered their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Mizuho began coverage on Kosmos Energy in a research note on Thursday, September 19th. They set a "neutral" rating and a $5.00 price objective for the company. Bank of America decreased their target price on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a research note on Wednesday, September 25th. Finally, Sanford C. Bernstein cut their price objective 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 investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $5.75.

Kosmos Energy 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.