Kosmos Energy Ltd. (NYSE:KOS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Kosmos Energy Ltd. (NYSE:KOS) has been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $5.52.

Several analysts have recently commented on the stock. Benchmark reduced their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Mizuho lowered their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Bank of America cut their target price 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 reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $3.71 on Friday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The business has a 50 day simple moving average of $3.60 and a 200-day simple moving average of $4.29. Kosmos Energy has a 12 month low of $2.62 and a 12 month high of $6.58. The stock has a market capitalization of $1.75 billion, a PE ratio of 8.43, a price-to-earnings-growth ratio of 0.39 and a beta of 2.43.

Institutional Investors Weigh In On Kosmos Energy

Several institutional investors have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Kosmos Energy by 11.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,702,339 shares of the oil and gas producer’s stock worth $6,860,000 after purchasing an additional 172,966 shares during the last quarter. Graham Capital Wealth Management LLC acquired a new position in shares of Kosmos Energy during the 3rd quarter worth $2,443,000. Woodmont Investment Counsel LLC boosted its position in shares of Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock worth $1,976,000 after buying an additional 283,624 shares in the last quarter. Barclays PLC grew its stake in Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after acquiring an additional 962,057 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in 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 valued at $12,976,000 after acquiring an additional 606,195 shares in the last quarter. Hedge funds and other 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.