Natixis Advisors LLC lessened its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 3.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,710,856 shares of the oil and gas producer's stock after selling 243,508 shares during the quarter. Natixis Advisors LLC owned about 1.42% of Kosmos Energy worth $27,045,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its holdings in Kosmos Energy by 4.6% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer's stock valued at $145,769,000 after acquiring an additional 1,166,726 shares in the last quarter. American Century Companies Inc. increased its holdings in Kosmos Energy by 17.2% in 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. William Blair Investment Management LLC increased its holdings in Kosmos Energy by 13.5% in the second quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer's stock valued at $75,460,000 after buying an additional 1,624,495 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Kosmos Energy by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer's stock worth $77,328,000 after buying an additional 258,460 shares during the last quarter. Finally, Equinox Partners Investment Management LLC boosted its position in shares of Kosmos Energy by 29.4% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.
Kosmos Energy Price Performance
Shares of NYSE:KOS traded down $0.16 on Tuesday, reaching $3.88. 3,679,945 shares of the company were exchanged, compared to its average volume of 6,964,268. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a 1-year low of $3.49 and a 1-year high of $7.20. The company has a 50-day moving average of $4.06 and a 200-day moving average of $4.93. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 9.18, a price-to-earnings-growth ratio of 0.27 and a beta of 2.42.
Analysts Set New Price Targets
Several brokerages have recently weighed in on KOS. Bank of America cut their target price on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, September 25th. Mizuho began coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a "neutral" rating and a $5.00 price objective for the company. 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 research report on Tuesday, November 5th. Sanford C. Bernstein reduced their price target 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. Finally, StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Kosmos Energy has a consensus rating of "Moderate Buy" and an average price target of $6.60.
Check Out Our Latest Report on KOS
About Kosmos Energy
(
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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