Mark Sheptoff Financial Planning LLC Purchases New Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Mark Sheptoff Financial Planning LLC acquired a new position in Kosmos Energy Ltd. (NYSE:KOS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 46,000 shares of the oil and gas producer’s stock, valued at approximately $255,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hsbc Holdings PLC increased its stake in Kosmos Energy by 3.0% during the 2nd quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock valued at $399,000 after purchasing an additional 2,055 shares in the last quarter. Woodmont Investment Counsel LLC increased its position in shares of Kosmos Energy by 1.3% during the first quarter. Woodmont Investment Counsel LLC now owns 218,818 shares of the oil and gas producer’s stock valued at $1,304,000 after acquiring an additional 2,888 shares in the last quarter. CWM LLC raised its holdings in Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after acquiring an additional 2,969 shares during the last quarter. Comerica Bank raised its holdings in Kosmos Energy by 27.1% in the 1st quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock worth $118,000 after acquiring an additional 4,213 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in Kosmos Energy by 0.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,462,835 shares of the oil and gas producer’s stock valued at $8,104,000 after acquiring an additional 4,395 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 1.9 %

NYSE:KOS opened at $4.29 on Thursday. The company has a 50 day simple moving average of $4.90 and a two-hundred day simple moving average of $5.48. The company has a market cap of $2.02 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.53 and a beta of 2.42. The company has a current ratio of 0.73, a quick ratio of 0.50 and a debt-to-equity ratio of 2.27. Kosmos Energy Ltd. has a 12 month low of $3.75 and a 12 month high of $8.28.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data 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). Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. The firm had revenue of $450.94 million during the quarter. Research analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current year.

Analyst Ratings Changes

KOS has been the subject of a number of research analyst reports. Sanford C. Bernstein reduced their target price 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 reiterated a “buy” rating and issued a $8.00 price objective 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 issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.56.

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.