Caprock Group LLC Takes $48,000 Position in Kosmos Energy Ltd. (NYSE:KOS)

Caprock Group LLC purchased a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,979 shares of the oil and gas producer’s stock, valued at approximately $48,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Kosmos Energy by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock worth $77,328,000 after buying an additional 258,460 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in Kosmos Energy by 765.7% in the first quarter. Jacobs Levy Equity Management Inc. now owns 878,039 shares of the oil and gas producer’s stock worth $5,233,000 after acquiring an additional 776,608 shares in the last quarter. Comerica Bank lifted its holdings in Kosmos Energy by 27.1% in the first quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock valued at $118,000 after acquiring an additional 4,213 shares during the period. Webs Creek Capital Management LP purchased a new stake in shares of Kosmos Energy during the 1st quarter worth $17,396,000. Finally, Boston Partners grew its stake in shares of Kosmos Energy by 31.9% during the 1st quarter. Boston Partners now owns 5,811,018 shares of the oil and gas producer’s stock worth $34,589,000 after purchasing an additional 1,405,359 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Price Performance

KOS stock opened at $3.95 on Tuesday. The stock’s 50 day moving average price is $4.07 and its 200 day moving average price is $4.88. The firm has a market cap of $1.86 billion, a P/E ratio of 8.98, a PEG ratio of 0.52 and a beta of 2.42. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy Ltd. has a 1 year low of $3.49 and a 1 year high of $7.07.

Analyst Ratings Changes

KOS has been the subject of several recent analyst reports. Sanford C. Bernstein reduced their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday. Mizuho started coverage on Kosmos Energy in a research note on Thursday, September 19th. They issued a “neutral” rating and a $5.00 price objective for the company. Bank of America reduced their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Finally, Benchmark lowered their target price on 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 two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $5.75.

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.