Kosmos Energy Ltd. (NYSE:KOS) Holdings Increased by nVerses Capital LLC

nVerses Capital LLC grew its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 13.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,000 shares of the oil and gas producer’s stock after buying an additional 3,700 shares during the quarter. nVerses Capital LLC’s holdings in Kosmos Energy were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KOS. Vaughan Nelson Investment Management L.P. raised its position in shares of Kosmos Energy by 23.8% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 25,145,473 shares of the oil and gas producer’s stock worth $149,867,000 after buying an additional 4,830,005 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Kosmos Energy by 17.2% in 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 purchasing an additional 3,636,663 shares in the last quarter. M&G Plc bought a new stake in shares of Kosmos Energy in the 1st quarter worth approximately $20,800,000. Webs Creek Capital Management LP bought a new stake in shares of Kosmos Energy in the 1st quarter worth approximately $17,396,000. Finally, William Blair Investment Management LLC raised its holdings in shares of Kosmos Energy by 13.5% in 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 purchasing an additional 1,624,495 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Sanford C. Bernstein dropped their target price on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a report on Wednesday, July 17th. Mizuho assumed coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price on the stock. Bank of America dropped their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a report on Wednesday, September 25th. Finally, Benchmark restated a “buy” rating and set a $8.00 price target on shares of Kosmos Energy in a report on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.00.

Kosmos Energy Stock Up 0.2 %

KOS stock opened at $4.22 on Monday. The firm has a market capitalization of $1.99 billion, a P/E ratio of 9.17, a P/E/G ratio of 0.54 and a beta of 2.41. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. The company’s 50 day simple moving average is $4.42 and its 200-day simple moving average is $5.24. Kosmos Energy Ltd. has a 52-week low of $3.69 and a 52-week high of $7.68.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data 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 company 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 research analysts anticipate that Kosmos Energy Ltd. will post 0.46 EPS for the current year.

About Kosmos Energy

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.