Harbor Capital Advisors Inc. Has $5.21 Million Stake in Kosmos Energy Ltd. (NYSE:KOS)

Harbor Capital Advisors Inc. increased its stake in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 81.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,291,464 shares of the oil and gas producer's stock after purchasing an additional 579,859 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.27% of Kosmos Energy worth $5,205,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KOS. Vaughan Nelson Investment Management L.P. lifted its position in shares of Kosmos Energy by 4.6% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer's stock worth $145,769,000 after purchasing an additional 1,166,726 shares during the last quarter. American Century Companies Inc. lifted its holdings 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 worth $137,470,000 after buying an additional 3,636,663 shares during the last quarter. William Blair Investment Management LLC boosted its position in shares of 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 acquiring an additional 1,624,495 shares during the period. Vanguard Group Inc. grew its stake in shares of Kosmos Energy by 2.0% in 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. Finally, Equinox Partners Investment Management LLC increased its position in Kosmos Energy by 29.4% during 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. Institutional investors own 95.33% of the company's stock.

Kosmos Energy Price Performance

KOS traded down $0.06 during midday trading on Monday, reaching $3.62. 12,593,936 shares of the company's stock were exchanged, compared to its average volume of 6,799,081. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27. The business has a 50-day simple moving average of $4.24 and a two-hundred day simple moving average of $5.09. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of 0.47 and a beta of 2.42. Kosmos Energy Ltd. has a one year low of $3.55 and a one year high of $7.55.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. The company had revenue of $450.94 million for the quarter. As a group, research analysts predict that Kosmos Energy Ltd. will post 0.46 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Mizuho assumed coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price target for the company. Benchmark reiterated a "buy" rating and issued a $8.00 target price on shares of Kosmos Energy in a research note on Wednesday, October 16th. Bank of America lowered their price target 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 reduced their price objective on Kosmos Energy from $7.00 to $5.00 and set a "market perform" rating for the company in a research report on Wednesday, July 17th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Kosmos Energy presently has an average rating of "Moderate Buy" and an average price target of $7.00.

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.