Graham Capital Wealth Management LLC Acquires Shares of 606,104 Kosmos Energy Ltd. (NYSE:KOS)

Graham Capital Wealth Management LLC bought a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 606,104 shares of the oil and gas producer's stock, valued at approximately $2,443,000. Kosmos Energy accounts for about 2.5% of Graham Capital Wealth Management LLC's investment portfolio, making the stock its 16th biggest holding. Graham Capital Wealth Management LLC owned approximately 0.13% of Kosmos Energy at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. CCG Wealth Management LLC bought a new position in shares of Kosmos Energy in the 1st quarter worth about $386,000. Vaughan Nelson Investment Management L.P. increased its holdings in Kosmos Energy by 23.8% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 25,145,473 shares of the oil and gas producer's stock worth $149,867,000 after purchasing an additional 4,830,005 shares in the last quarter. Woodmont Investment Counsel LLC lifted its stake in Kosmos Energy by 1.3% in the first quarter. Woodmont Investment Counsel LLC now owns 218,818 shares of the oil and gas producer's stock valued at $1,304,000 after buying an additional 2,888 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Kosmos Energy by 15.9% during the 1st quarter. Principal Financial Group Inc. now owns 61,338 shares of the oil and gas producer's stock worth $366,000 after buying an additional 8,431 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Kosmos Energy by 61.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 106,986 shares of the oil and gas producer's stock worth $638,000 after buying an additional 40,722 shares during the period. Institutional investors own 95.33% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on KOS. Benchmark reiterated a "buy" rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Wednesday, October 16th. Bank of America dropped their price objective on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. Sanford C. Bernstein reduced their target price on Kosmos Energy from $7.00 to $5.00 and set a "market perform" rating for the company in a research note on Wednesday, July 17th. Finally, Mizuho assumed coverage on Kosmos Energy in a research report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Kosmos Energy currently has a consensus rating of "Moderate Buy" and an average target price of $7.00.

Kosmos Energy Stock Up 3.7 %

Shares of NYSE KOS traded up $0.15 during mid-day trading on Friday, reaching $4.17. 8,967,244 shares of the company's stock traded hands, compared to its average volume of 6,751,492. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. The business has a 50-day simple moving average of $4.34 and a 200 day simple moving average of $5.17. The stock has a market cap of $1.97 billion, a P/E ratio of 9.07, a PEG ratio of 0.51 and a beta of 2.41. Kosmos Energy Ltd. has a 1-year low of $3.69 and a 1-year high of $7.68.

Kosmos Energy (NYSE:KOS - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.04). The company had revenue of $450.94 million for the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. On average, analysts expect that Kosmos Energy Ltd. will post 0.46 EPS for the current fiscal year.

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.