Graham Capital Wealth Management LLC Invests $2.44 Million in Kosmos Energy Ltd. (NYSE:KOS)

Graham Capital Wealth Management LLC bought a new stake in shares of Kosmos Energy Ltd. (NYSE:KOS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 606,104 shares of the oil and gas producer’s stock, valued at approximately $2,443,000. Kosmos Energy accounts for approximately 2.5% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Graham Capital Wealth Management LLC owned 0.13% of Kosmos Energy at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Vaughan Nelson Investment Management L.P. lifted its position in shares of Kosmos Energy by 4.6% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 26,312,199 shares of the oil and gas producer’s stock valued at $145,769,000 after acquiring an additional 1,166,726 shares during the period. American Century Companies Inc. increased its stake in 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 valued at $137,470,000 after purchasing an additional 3,636,663 shares in the last quarter. William Blair Investment Management LLC increased its stake in Kosmos Energy by 13.5% during the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock valued at $75,460,000 after purchasing an additional 1,624,495 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Kosmos Energy by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock worth $77,328,000 after acquiring an additional 258,460 shares in the last quarter. Finally, Equinox Partners Investment Management LLC grew its stake in shares of Kosmos Energy by 29.4% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock worth $33,060,000 after acquiring an additional 1,863,966 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on KOS. Mizuho began coverage on shares of Kosmos Energy in a research note on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price for the company. Bank of America reduced their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Sanford C. Bernstein reduced their target price on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research note on Wednesday, July 17th. Finally, Benchmark reiterated a “buy” rating and issued a $8.00 target price on shares of Kosmos Energy in a research note on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $7.00.

Kosmos Energy Stock Performance

KOS traded up $0.15 during trading on Friday, hitting $4.17. 8,967,244 shares of the company traded hands, compared to its average volume of 6,751,492. The firm has a market cap of $1.97 billion, a P/E ratio of 7.87, a price-to-earnings-growth ratio of 0.51 and a beta of 2.41. Kosmos Energy Ltd. has a one year low of $3.69 and a one year high of $7.68. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27. The stock’s fifty day moving average is $4.34 and its 200 day moving average is $5.18.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million for the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. As a group, equities analysts predict that Kosmos Energy Ltd. will post 0.46 EPS for the current fiscal year.

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.