SG Americas Securities LLC Buys 48,279 Shares of Kosmos Energy Ltd. (NYSE:KOS)

SG Americas Securities LLC boosted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 61.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,946 shares of the oil and gas producer’s stock after acquiring an additional 48,279 shares during the period. SG Americas Securities LLC’s holdings in Kosmos Energy were worth $434,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Kosmos Energy by 26.6% in the second quarter. Envestnet Asset Management Inc. now owns 341,300 shares of the oil and gas producer’s stock worth $1,891,000 after buying an additional 71,632 shares in the last quarter. Marshall Wace LLP grew its holdings in Kosmos Energy by 97.9% during the 2nd quarter. Marshall Wace LLP now owns 250,735 shares of the oil and gas producer’s stock valued at $1,389,000 after buying an additional 124,058 shares in the last quarter. AQR Capital Management LLC increased its stake in Kosmos Energy by 80.2% in the 2nd quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer’s stock worth $1,693,000 after acquiring an additional 136,029 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Kosmos Energy by 34.9% during the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock worth $12,976,000 after acquiring an additional 606,195 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Kosmos Energy by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 257,887 shares of the oil and gas producer’s stock valued at $1,429,000 after purchasing an additional 8,197 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Down 2.3 %

Shares of NYSE:KOS opened at $3.18 on Monday. The business’s 50 day moving average is $3.49 and its 200 day moving average is $4.10. The stock has a market cap of $1.50 billion, a P/E ratio of 7.22, a price-to-earnings-growth ratio of 4.81 and a beta of 2.43. Kosmos Energy Ltd. has a 52-week low of $2.62 and a 52-week high of $6.58. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Analyst Upgrades and Downgrades

KOS has been the subject of several research reports. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Sanford C. Bernstein decreased their price objective on 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. Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Mizuho lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5.52.

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.