Kosmos Energy (NYSE:KOS) Raised to Hold at StockNews.com

Kosmos Energy (NYSE:KOS) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday.

Several other equities research analysts have also commented on the company. Bank of America decreased their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Mizuho initiated coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. Sanford C. Bernstein lowered their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Finally, Benchmark dropped their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.75.

Kosmos Energy Stock Down 2.9 %

Shares of NYSE KOS opened at $3.84 on Monday. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 0.52 and a beta of 2.42. Kosmos Energy has a 52 week low of $3.49 and a 52 week high of $7.07. The firm has a 50-day moving average price of $4.06 and a 200 day moving average price of $4.86. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Institutional Trading of Kosmos Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in Kosmos Energy during the second quarter worth about $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Kosmos Energy during the third quarter valued at approximately $28,000. CWM LLC grew its stake in Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 2,969 shares during the period. Signaturefd LLC increased its position in shares of Kosmos Energy by 39,777.8% in the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after acquiring an additional 10,740 shares in the last quarter. Finally, CTC Alternative Strategies Ltd. purchased a new position in shares of Kosmos Energy in the 3rd quarter valued at $43,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Company 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.