Woodmont Investment Counsel LLC Buys 283,624 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Woodmont Investment Counsel LLC raised its position in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 137.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 490,427 shares of the oil and gas producer's stock after acquiring an additional 283,624 shares during the period. Woodmont Investment Counsel LLC owned about 0.10% of Kosmos Energy worth $1,976,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of KOS. Hsbc Holdings PLC boosted its holdings in Kosmos Energy by 3.0% during the second quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer's stock valued at $399,000 after purchasing an additional 2,055 shares in the last quarter. Fruth Investment Management boosted its holdings in Kosmos Energy by 10.2% during the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer's stock valued at $108,000 after purchasing an additional 2,500 shares in the last quarter. CWM LLC boosted its holdings in Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock valued at $36,000 after purchasing an additional 2,969 shares in the last quarter. nVerses Capital LLC boosted its holdings in Kosmos Energy by 13.6% during the third quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer's stock valued at $125,000 after purchasing an additional 3,700 shares in the last quarter. Finally, Comerica Bank boosted its holdings in Kosmos Energy by 27.1% during the first quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer's stock valued at $118,000 after purchasing an additional 4,213 shares in the last quarter. Institutional investors own 95.33% of the company's stock.

Kosmos Energy Price Performance

Shares of KOS traded down $0.15 on Thursday, hitting $3.65. The company's stock had a trading volume of 4,557,184 shares, compared to its average volume of 6,823,511. The company has a market capitalization of $1.72 billion, a PE ratio of 8.65, a PEG ratio of 0.45 and a beta of 2.42. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. Kosmos Energy Ltd. has a fifty-two week low of $3.55 and a fifty-two week high of $7.20. The company has a 50 day moving average price of $4.17 and a 200 day moving average price of $5.05.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.04). Kosmos Energy had a return on equity of 31.91% and a net margin of 12.21%. The company had revenue of $450.94 million during the quarter. On average, research analysts anticipate that Kosmos Energy Ltd. will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KOS has been the topic of a number of recent research reports. Bank of America decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. StockNews.com downgraded Kosmos Energy from a "hold" rating to a "sell" rating in a report on Tuesday. Benchmark decreased their price objective on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Tuesday. Sanford C. Bernstein decreased their price objective on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a report on Tuesday. Finally, Mizuho initiated coverage on Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $6.60.

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.