Kosmos Energy Ltd. (NYSE:KOS) Shares Purchased by Creative Planning

Creative Planning lifted its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 1,274.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,556 shares of the oil and gas producer’s stock after purchasing an additional 201,725 shares during the quarter. Creative Planning’s holdings in Kosmos Energy were worth $877,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KOS. Vaughan Nelson Investment Management L.P. lifted its position in Kosmos Energy by 4.6% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer’s stock worth $145,769,000 after acquiring an additional 1,166,726 shares during the period. American Century Companies Inc. lifted its position in Kosmos Energy by 17.2% during the 2nd quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock worth $137,470,000 after acquiring an additional 3,636,663 shares during the period. William Blair Investment Management LLC lifted its position in Kosmos Energy by 13.5% during the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after acquiring an additional 1,624,495 shares during the period. Vanguard Group Inc. lifted its position in Kosmos Energy by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock worth $77,328,000 after acquiring an additional 258,460 shares during the period. Finally, Natixis Advisors LLC lifted its position in Kosmos Energy by 1.8% during the 2nd quarter. Natixis Advisors LLC now owns 6,954,364 shares of the oil and gas producer’s stock worth $38,527,000 after acquiring an additional 123,162 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Price Performance

Shares of Kosmos Energy stock opened at $3.67 on Friday. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27. Kosmos Energy Ltd. has a twelve month low of $3.65 and a twelve month high of $7.68. The business has a 50-day moving average price of $4.26 and a 200 day moving average price of $5.12. The firm has a market cap of $1.73 billion, a PE ratio of 6.96, a P/E/G ratio of 0.47 and a beta of 2.41.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.04). Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. The business had revenue of $450.94 million during the quarter. Sell-side analysts predict that Kosmos Energy Ltd. will post 0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on KOS shares. Mizuho started coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company. Sanford C. Bernstein lowered their price target on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Benchmark reissued a “buy” rating and issued a $8.00 price objective on shares of Kosmos Energy in a report on Wednesday, October 16th. Finally, Bank of America decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kosmos Energy has an average rating of “Moderate Buy” and an average target price of $7.00.

Kosmos Energy 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.