Vaughan Nelson Investment Management L.P. grew its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,245,415 shares of the oil and gas producer's stock after buying an additional 1,933,216 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 5.99% of Kosmos Energy worth $113,828,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Rothschild Investment LLC bought a new position in Kosmos Energy during the second quarter valued at $26,000. CWM LLC raised its position 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. Covestor Ltd raised its position in Kosmos Energy by 35,360.9% in the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer's stock worth $48,000 after purchasing an additional 8,133 shares during the period. Signaturefd LLC lifted its stake in Kosmos Energy by 39,777.8% in the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer's stock worth $43,000 after purchasing an additional 10,740 shares during the last quarter. Finally, InTrack Investment Management Inc purchased a new position in shares of Kosmos Energy during the third quarter valued at approximately $44,000. Institutional investors own 95.33% of the company's stock.
Wall Street Analyst Weigh In
KOS has been the subject of a number of research analyst reports. Mizuho assumed coverage on Kosmos Energy in a research note on Thursday, September 19th. They set a "neutral" rating and a $5.00 price target for the company. Bank of America lowered their price objective 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. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Wednesday. Sanford C. Bernstein lowered 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, Benchmark cut their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $6.60.
View Our Latest Stock Report on Kosmos Energy
Kosmos Energy Stock Down 5.4 %
KOS traded down $0.22 during trading on Friday, hitting $3.89. The stock had a trading volume of 10,122,262 shares, compared to its average volume of 9,088,307. Kosmos Energy Ltd. has a twelve month low of $3.49 and a twelve month high of $7.20. The stock has a 50 day simple moving average of $4.06 and a two-hundred day simple moving average of $4.95. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a market capitalization of $1.84 billion, a PE ratio of 8.84, a PEG ratio of 0.27 and a beta of 2.42.
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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