SG Americas Securities LLC grew its holdings in Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 61.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,946 shares of the oil and gas producer’s stock after purchasing an additional 48,279 shares during the period. SG Americas Securities LLC’s holdings in Kosmos Energy were worth $434,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of KOS. Envestnet Asset Management Inc. lifted its position in Kosmos Energy by 26.6% in the second quarter. Envestnet Asset Management Inc. now owns 341,300 shares of the oil and gas producer’s stock valued at $1,891,000 after buying an additional 71,632 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Kosmos Energy by 97.9% in the 2nd quarter. Marshall Wace LLP now owns 250,735 shares of the oil and gas producer’s stock valued at $1,389,000 after acquiring an additional 124,058 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Kosmos Energy by 80.2% in the 2nd quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer’s stock worth $1,693,000 after acquiring an additional 136,029 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 worth $12,976,000 after purchasing an additional 606,195 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Kosmos Energy by 3.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 257,887 shares of the oil and gas producer’s stock valued at $1,429,000 after purchasing an additional 8,197 shares during the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on KOS shares. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Mizuho reduced their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock 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, December 6th. Finally, Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.
Kosmos Energy Price Performance
KOS opened at $3.18 on Monday. 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 $2.62 and a 1 year high of $6.58. The company’s 50 day simple moving average is $3.49 and its 200 day simple moving average is $4.10. The stock has a market capitalization of $1.50 billion, a PE ratio of 7.22, a P/E/G ratio of 4.81 and a beta of 2.43.
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.
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