Kosmos Energy Ltd. (NYSE:KOS) Short Interest Update

Kosmos Energy Ltd. (NYSE:KOS) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 42,360,000 shares, an increase of 9.5% from the August 15th total of 38,670,000 shares. Based on an average daily trading volume, of 5,700,000 shares, the short-interest ratio is currently 7.4 days.

Hedge Funds Weigh In On Kosmos Energy

Large investors have recently made changes to their positions in the business. Victory Capital Management Inc. grew its holdings in shares of Kosmos Energy by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 87,679 shares of the oil and gas producer’s stock valued at $588,000 after acquiring an additional 5,838 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Kosmos Energy by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,968,781 shares of the oil and gas producer’s stock worth $33,341,000 after buying an additional 101,819 shares during the last quarter. Jump Financial LLC acquired a new position in Kosmos Energy in the fourth quarter worth approximately $76,000. Dimensional Fund Advisors LP raised its holdings in shares of Kosmos Energy by 8.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,687,431 shares of the oil and gas producer’s stock valued at $65,005,000 after purchasing an additional 761,657 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Kosmos Energy by 10.7% in the 4th quarter. Principal Financial Group Inc. now owns 52,907 shares of the oil and gas producer’s stock valued at $355,000 after acquiring an additional 5,130 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Trading Down 1.8 %

Shares of Kosmos Energy stock traded down $0.08 during trading on Wednesday, hitting $4.29. The stock had a trading volume of 5,697,342 shares, compared to its average volume of 6,563,153. Kosmos Energy has a 1 year low of $3.75 and a 1 year high of $8.28. The stock has a 50 day simple moving average of $4.93 and a 200 day simple moving average of $5.49. 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 company has a market capitalization of $2.02 billion, a PE ratio of 9.51, a P/E/G ratio of 0.53 and a beta of 2.42.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million during the quarter. Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. On average, research analysts expect that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on KOS. Sanford C. Bernstein cut their price objective on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a report on Wednesday, July 17th. Benchmark reissued a “buy” rating and issued a $8.00 price target on shares of Kosmos Energy in a report on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Kosmos Energy currently has an average rating of “Moderate Buy” and an average target price of $8.56.

About Kosmos Energy

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.