UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 11.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,702,339 shares of the oil and gas producer's stock after buying an additional 172,966 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.36% of Kosmos Energy worth $6,860,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Graham Capital Wealth Management LLC purchased a new stake in Kosmos Energy during the third quarter worth $2,443,000. Woodmont Investment Counsel LLC boosted its stake in shares of Kosmos Energy by 137.1% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer's stock worth $1,976,000 after acquiring an additional 283,624 shares in the last quarter. Millennium Management LLC grew its position in shares of 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 valued at $12,976,000 after acquiring an additional 606,195 shares during the period. M&G PLC increased its stake in shares of Kosmos Energy by 20.0% in the 3rd quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer's stock valued at $23,647,000 after purchasing an additional 983,623 shares in the last quarter. Finally, Creative Planning increased its stake in shares of Kosmos Energy by 1,274.2% in the 3rd quarter. Creative Planning now owns 217,556 shares of the oil and gas producer's stock valued at $877,000 after purchasing an additional 201,725 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company's stock.
Analyst Ratings Changes
KOS has been the topic of several research analyst reports. Mizuho assumed coverage on Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 price objective on the stock. Sanford C. Bernstein dropped their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research note on Tuesday, November 5th. Benchmark cut their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday. Finally, Bank of America cut their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating for the company in a research note on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $5.75.
Get Our Latest Research Report on Kosmos Energy
Kosmos Energy Price Performance
KOS stock traded up $0.07 during midday trading on Tuesday, reaching $3.70. The stock had a trading volume of 6,643,734 shares, compared to its average volume of 6,896,687. Kosmos Energy Ltd. has a 52-week low of $3.39 and a 52-week high of $7.07. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 0.44 and a beta of 2.41. The company's fifty day simple moving average is $3.97 and its 200 day simple moving average is $4.69. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.
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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