CCG Wealth Management LLC Takes $386,000 Position in Kosmos Energy Ltd. (NYSE:KOS)

CCG Wealth Management LLC acquired a new position in Kosmos Energy Ltd. (NYSE:KOS) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 64,819 shares of the oil and gas producer’s stock, valued at approximately $386,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KOS. Insigneo Advisory Services LLC lifted its position in Kosmos Energy by 13.0% in the third quarter. Insigneo Advisory Services LLC now owns 22,958 shares of the oil and gas producer’s stock worth $188,000 after purchasing an additional 2,637 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Kosmos Energy by 25.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 15,888 shares of the oil and gas producer’s stock worth $130,000 after purchasing an additional 3,221 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Kosmos Energy by 2.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 205,527 shares of the oil and gas producer’s stock worth $1,379,000 after purchasing an additional 4,057 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in Kosmos Energy in the fourth quarter worth approximately $27,000. Finally, Principal Financial Group Inc. lifted its position in Kosmos Energy by 10.7% in the fourth quarter. Principal Financial Group Inc. now owns 52,907 shares of the oil and gas producer’s stock worth $355,000 after purchasing an additional 5,130 shares during the period. 95.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Benchmark reiterated a “buy” rating and set a $8.00 price objective on shares of Kosmos Energy in a research report on Tuesday, June 25th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Kosmos Energy currently has an average rating of “Moderate Buy” and a consensus price target of $9.30.

Kosmos Energy Stock Up 0.5 %

Shares of NYSE KOS traded up $0.03 during mid-day trading on Monday, reaching $5.57. The company had a trading volume of 3,760,610 shares, compared to its average volume of 6,924,059. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.64 and a current ratio of 0.91. The stock has a market capitalization of $2.63 billion, a PE ratio of 12.02, a price-to-earnings-growth ratio of 0.44 and a beta of 2.41. Kosmos Energy Ltd. has a twelve month low of $5.07 and a twelve month high of $8.28. The stock’s 50 day moving average is $5.76 and its 200-day moving average is $6.00.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Tuesday, May 7th. The oil and gas producer reported $0.19 EPS for the quarter. The firm had revenue of $419.14 million for the quarter. Kosmos Energy had a net margin of 12.85% and a return on equity of 39.32%. As a group, equities analysts anticipate that Kosmos Energy Ltd. will post 0.73 earnings per share for the current fiscal year.

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.