Kosmos Energy (NYSE:KOS) Upgraded to “Hold” at StockNews.com

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

Several other research firms also recently commented on KOS. Mizuho initiated coverage on Kosmos Energy in a research note on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Bank of America cut their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Benchmark lowered their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Sanford C. Bernstein dropped 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 research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $5.75.

Kosmos Energy Trading Up 1.8 %

NYSE KOS opened at $3.90 on Monday. The firm’s fifty day moving average is $4.04 and its two-hundred day moving average is $4.84. Kosmos Energy has a one year low of $3.49 and a one year high of $7.07. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a market cap of $1.84 billion, a PE ratio of 8.86, a P/E/G ratio of 0.51 and a beta of 2.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Graham Capital Wealth Management LLC purchased a new stake in shares of Kosmos Energy during the 3rd quarter worth $2,443,000. Vanguard Group Inc. boosted its holdings in Kosmos Energy by 2.0% during the first 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. Woodmont Investment Counsel LLC grew its position in Kosmos Energy by 137.1% during the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock worth $1,976,000 after buying an additional 283,624 shares during the period. Millennium Management LLC increased its holdings in Kosmos Energy by 34.9% in the second quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock valued at $12,976,000 after buying an additional 606,195 shares in the last quarter. Finally, M&G PLC lifted 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 period. 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.