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

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

Several other analysts have also recently issued reports on KOS. Bank of America cut their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Sanford C. Bernstein cut their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Mizuho began coverage on Kosmos Energy in a research note on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. Finally, Benchmark dropped their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $6.60.

Kosmos Energy Trading Down 5.4 %

Shares of KOS opened at $3.89 on Wednesday. The stock has a market capitalization of $1.84 billion, a P/E ratio of 8.84, a PEG ratio of 0.27 and a beta of 2.42. Kosmos Energy has a twelve month low of $3.49 and a twelve month high of $7.20. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The firm has a fifty day simple moving average of $4.06 and a two-hundred day simple moving average of $4.95.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in shares of Kosmos Energy by 0.7% during the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after purchasing an additional 68,339 shares in the last quarter. Barclays PLC lifted its position in Kosmos Energy by 46.5% during the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after buying an additional 962,057 shares during the period. CTC Alternative Strategies Ltd. bought a new stake in shares of Kosmos Energy during the 3rd quarter valued at $43,000. Orion Portfolio Solutions LLC grew its position in shares of Kosmos Energy by 50.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 22,918 shares of the oil and gas producer’s stock worth $92,000 after buying an additional 7,728 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in shares of Kosmos Energy in the 3rd quarter worth about $156,000. Institutional investors 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.