XTX Topco Ltd Purchases 62,832 Shares of Kosmos Energy Ltd. (NYSE:KOS)

XTX Topco Ltd lifted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 82.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 139,234 shares of the oil and gas producer’s stock after acquiring an additional 62,832 shares during the quarter. XTX Topco Ltd’s holdings in Kosmos Energy were worth $771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KOS. Jump Financial LLC bought a new position in shares of Kosmos Energy during the 4th quarter worth $76,000. Dimensional Fund Advisors LP boosted its stake in Kosmos Energy by 8.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 9,687,431 shares of the oil and gas producer’s stock worth $65,005,000 after purchasing an additional 761,657 shares during the period. Principal Financial Group Inc. boosted its stake in 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 worth $355,000 after purchasing an additional 5,130 shares during the period. US Bancorp DE boosted its stake in Kosmos Energy by 14,053.0% in the 4th quarter. US Bancorp DE now owns 472,287 shares of the oil and gas producer’s stock worth $3,169,000 after purchasing an additional 468,950 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in Kosmos Energy by 70.5% in the 4th quarter. Orion Portfolio Solutions LLC now owns 74,600 shares of the oil and gas producer’s stock worth $505,000 after purchasing an additional 30,835 shares during the period. Institutional investors own 95.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on KOS. Mizuho began coverage on Kosmos Energy in a research note on Thursday. They issued a “neutral” rating and a $5.00 target price for the company. Sanford C. Bernstein cut their target price on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research note on Wednesday, July 17th. Finally, Benchmark restated a “buy” rating and issued a $8.00 target price on shares of Kosmos Energy in a research note on Tuesday, August 6th. Three 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $7.97.

Kosmos Energy Stock Performance

NYSE:KOS opened at $4.26 on Monday. The business’s 50-day moving average price is $4.85 and its two-hundred day moving average price is $5.46. Kosmos Energy Ltd. has a twelve month low of $3.75 and a twelve month high of $8.28. The stock has a market cap of $2.01 billion, a P/E ratio of 9.26, a PEG ratio of 0.53 and a beta of 2.42. 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 (NYSE:KOS) last released 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). The business had revenue of $450.94 million during the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. As a group, equities analysts predict that Kosmos Energy Ltd. will post 0.42 EPS for the current fiscal year.

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.