Rhumbline Advisers Purchases 19,739 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Rhumbline Advisers lifted its position in Kosmos Energy Ltd. (NYSE:KOS) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 672,212 shares of the oil and gas producer’s stock after acquiring an additional 19,739 shares during the quarter. Rhumbline Advisers owned 0.14% of Kosmos Energy worth $3,724,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC bought a new stake in shares of Kosmos Energy in the 2nd quarter worth about $26,000. TFO Wealth Partners LLC lifted its holdings in Kosmos Energy by 7,051.9% during the 4th quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock valued at $39,000 after buying an additional 5,712 shares in the last quarter. CWM LLC lifted its holdings in Kosmos Energy by 82.2% during the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after buying an additional 2,969 shares in the last quarter. Covestor Ltd lifted its holdings in Kosmos Energy by 35,360.9% during the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock valued at $48,000 after buying an additional 8,133 shares in the last quarter. Finally, Moloney Securities Asset Management LLC bought a new stake in Kosmos Energy during the 1st quarter valued at about $60,000. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Up 4.9 %

NYSE:KOS opened at $4.21 on Tuesday. Kosmos Energy Ltd. has a one year low of $3.75 and a one year high of $8.28. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.50 and a current ratio of 0.73. The firm has a market cap of $1.98 billion, a P/E ratio of 9.14, a P/E/G ratio of 0.53 and a beta of 2.42. The firm has a 50-day simple moving average of $4.97 and a 200-day simple moving average of $5.51.

Kosmos Energy (NYSE:KOS) last posted its quarterly 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). 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. Equities analysts anticipate that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on KOS shares. Sanford C. Bernstein decreased their price objective on shares of 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 set a $8.00 price objective on shares of Kosmos Energy in a report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $8.56.

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.