Kosmos Energy Ltd. (NYSE:KOS) Short Interest Down 11.6% in November

Kosmos Energy Ltd. (NYSE:KOS) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 38,750,000 shares, a decrease of 11.6% from the October 31st total of 43,820,000 shares. Based on an average trading volume of 7,700,000 shares, the days-to-cover ratio is currently 5.0 days.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. grew its holdings in shares of Kosmos Energy by 17.2% during 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. Bridgewater Associates LP boosted its position in shares of Kosmos Energy by 149.7% during the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock worth $13,220,000 after acquiring an additional 1,966,437 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Kosmos Energy by 7.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after acquiring an additional 1,933,216 shares during the last quarter. Equinox Partners Investment Management LLC raised its position in Kosmos Energy by 29.4% during the third quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock valued at $33,060,000 after purchasing an additional 1,863,966 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its stake in Kosmos Energy by 13.5% during the second 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 during the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on KOS shares. Mizuho assumed coverage on shares of Kosmos Energy in a research note on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Bank of America lowered their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Benchmark dropped their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Sanford C. Bernstein dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a 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 company’s stock. Based on data from MarketBeat.com, Kosmos Energy currently has an average rating of “Hold” and an average price target of $5.75.

Kosmos Energy Stock Performance

Shares of NYSE KOS traded up $0.04 during mid-day trading on Friday, reaching $3.94. 3,627,359 shares of the company were exchanged, compared to its average volume of 8,118,458. The stock has a market capitalization of $1.86 billion, a P/E ratio of 8.95, a P/E/G ratio of 0.51 and a beta of 2.42. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The company’s 50-day simple moving average is $4.03 and its 200-day simple moving average is $4.81. Kosmos Energy has a twelve month low of $3.49 and a twelve month high of $7.07.

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.