Boston Partners cut its holdings in Kosmos Energy Ltd (NYSE:KOS) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 8,397,955 shares of the oil and gas producer’s stock after selling 155,529 shares during the period. Boston Partners’ holdings in Kosmos Energy were worth $47,844,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in KOS. Metropolitan Life Insurance Co NY purchased a new stake in shares of Kosmos Energy during the 1st quarter valued at $54,000. Morgan Stanley lifted its holdings in shares of Kosmos Energy by 574.5% during the 2nd quarter. Morgan Stanley now owns 212,852 shares of the oil and gas producer’s stock valued at $1,335,000 after purchasing an additional 181,295 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Kosmos Energy by 9.8% during the 2nd quarter. Royal Bank of Canada now owns 18,740 shares of the oil and gas producer’s stock valued at $118,000 after purchasing an additional 1,674 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Kosmos Energy during the 3rd quarter valued at $107,000. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of Kosmos Energy by 21.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 24,500 shares of the oil and gas producer’s stock valued at $153,000 after purchasing an additional 4,400 shares during the last quarter. Institutional investors and hedge funds own 96.28% of the company’s stock.
A number of brokerages recently issued reports on KOS. Zacks Investment Research upgraded Kosmos Energy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 29th. ValuEngine upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, January 29th. Finally, Berenberg Bank restated a “buy” rating and issued a $11.00 target price on shares of Kosmos Energy in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Kosmos Energy presently has an average rating of “Buy” and a consensus price target of $7.99.
Shares of KOS stock opened at $5.39 on Friday. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 14.18 and a beta of 2.06. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.16 and a quick ratio of 0.87. The business has a fifty day moving average of $5.84 and a 200 day moving average of $6.06. Kosmos Energy Ltd has a 1 year low of $4.43 and a 1 year high of $7.55.
Kosmos Energy Profile
Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. Its primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. The company also maintains an exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins.
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