Kosmos Energy (NYSE:KOS) Price Target Lowered to $4.00 at Mizuho

Kosmos Energy (NYSE:KOS) had its target price trimmed by Mizuho from $5.00 to $4.00 in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has a neutral rating on the oil and gas producer’s stock.

Several other research analysts also recently issued reports on KOS. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Benchmark reduced their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Bank of America lowered their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Finally, Sanford C. Bernstein decreased their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.50.

Kosmos Energy Trading Down 10.0 %

Shares of KOS opened at $2.71 on Monday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a 52-week low of $2.62 and a 52-week high of $7.07. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 6.16, a PEG ratio of 0.48 and a beta of 2.41. The business’s fifty day moving average is $3.87 and its 200-day moving average is $4.61.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Rothschild Investment LLC bought a new position in Kosmos Energy in the second quarter valued at $26,000. CWM LLC grew its stake 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 worth $36,000 after purchasing an additional 2,969 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Kosmos Energy during the 3rd quarter valued at about $28,000. CTC Alternative Strategies Ltd. purchased a new stake in Kosmos Energy in the 3rd quarter worth approximately $43,000. Finally, Signaturefd LLC grew its position in shares of Kosmos Energy by 39,777.8% in the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after buying an additional 10,740 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

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.