Kosmos Energy Ltd. (NYSE:KOS) Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in Kosmos Energy Ltd. (NYSE:KOS) by 81.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,291,464 shares of the oil and gas producer’s stock after buying an additional 579,859 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Kosmos Energy were worth $5,205,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings in Kosmos Energy by 17.2% during the second quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock worth $137,470,000 after buying an additional 3,636,663 shares in the last quarter. M&G Plc acquired a new stake in shares of Kosmos Energy during the 1st quarter valued at about $20,800,000. Webs Creek Capital Management LP purchased a new position in shares of Kosmos Energy in the 1st quarter valued at about $17,396,000. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 29.4% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock worth $33,060,000 after purchasing an additional 1,863,966 shares during the period. Finally, William Blair Investment Management LLC boosted its position in Kosmos Energy by 13.5% during the second quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after purchasing an additional 1,624,495 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $3.68 on Monday. The firm has a 50-day simple moving average of $4.24 and a 200-day simple moving average of $5.09. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 0.47 and a beta of 2.42. Kosmos Energy Ltd. has a 52 week low of $3.65 and a 52 week high of $7.68.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. The business had revenue of $450.94 million during the quarter. On average, equities analysts predict that Kosmos Energy Ltd. will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

KOS has been the subject of a number of recent analyst reports. Benchmark restated a “buy” rating and issued a $8.00 price objective on shares of Kosmos Energy in a research report on Wednesday, October 16th. Mizuho assumed coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Bank of America dropped their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein reduced their price target on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $7.00.

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.