Intech Investment Management LLC Takes $544,000 Position in Kosmos Energy Ltd. (NYSE:KOS)

Intech Investment Management LLC purchased a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 135,104 shares of the oil and gas producer’s stock, valued at approximately $544,000.

Several other institutional investors also recently modified their holdings of KOS. Vanguard Group Inc. raised its stake 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. Comerica Bank boosted its position in shares of Kosmos Energy by 27.1% during the first quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock valued at $118,000 after buying an additional 4,213 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Kosmos Energy by 74.1% during the second quarter. Harbor Capital Advisors Inc. now owns 711,605 shares of the oil and gas producer’s stock valued at $3,942,000 after purchasing an additional 302,820 shares during the period. CWM LLC boosted its holdings in shares of Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of Kosmos Energy by 46.2% in the second quarter. SG Americas Securities LLC now owns 59,416 shares of the oil and gas producer’s stock valued at $329,000 after acquiring an additional 18,768 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Stock Up 1.0 %

Shares of NYSE KOS opened at $3.94 on Monday. The stock has a market cap of $1.86 billion, a P/E ratio of 8.95, a PEG ratio of 0.51 and a beta of 2.42. The business’s fifty day simple moving average is $4.03 and its 200-day simple moving average is $4.81. Kosmos Energy Ltd. has a 12-month low of $3.49 and a 12-month high of $7.07. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

Wall Street Analyst Weigh In

KOS has been the subject of several analyst reports. Bank of America decreased their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. Mizuho began coverage on shares of Kosmos Energy in a research note on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Sanford C. Bernstein cut their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. Finally, Benchmark lowered their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.75.

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.