Kosmos Energy (NYSE:KOS) Upgraded at StockNews.com

StockNews.com upgraded shares of Kosmos Energy (NYSE:KOS) from a sell rating to a hold rating in a research note released on Monday.

Several other equities research analysts have also commented on the stock. Bank of America cut their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Mizuho started coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price for the company. Benchmark dropped their target price 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. Finally, Sanford C. Bernstein dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.75.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $3.90 on Monday. The firm has a market cap of $1.84 billion, a PE ratio of 8.77, a PEG ratio of 0.51 and a beta of 2.42. The firm has a fifty day moving average of $4.05 and a 200 day moving average of $4.84. 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 has a one year low of $3.49 and a one year high of $7.07.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Graham Capital Wealth Management LLC acquired a new position in shares of Kosmos Energy during the 3rd quarter valued at about $2,443,000. Vanguard Group Inc. boosted its position 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 valued at $77,328,000 after acquiring an additional 258,460 shares during the last quarter. Woodmont Investment Counsel LLC boosted its position 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 valued at $1,976,000 after acquiring an additional 283,624 shares during the last quarter. Millennium Management LLC boosted 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 last quarter. Finally, M&G PLC boosted its position in shares of Kosmos Energy by 20.0% during 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 acquiring an additional 983,623 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Company 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.