Kosmos Energy (NYSE:KOS) Upgraded by StockNews.com to “Hold” Rating

Kosmos Energy (NYSE:KOSGet Free Report) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday.

A number of other analysts also recently weighed in on KOS. Sanford C. Bernstein cut their price target on shares of 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 cut 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. Bank of America cut their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Finally, Mizuho initiated coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 price target on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Get Our Latest Stock Report on Kosmos Energy

Kosmos Energy Trading Down 1.7 %

Kosmos Energy stock traded down $0.07 during trading hours on Monday, reaching $3.95. 4,475,846 shares of the company’s stock traded hands, compared to its average volume of 6,926,560. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a fifty-two week low of $3.49 and a fifty-two week high of $7.07. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 0.52 and a beta of 2.42. The firm’s 50 day moving average is $4.07 and its 200-day moving average is $4.88.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of KOS. Rothschild Investment LLC acquired a new stake in shares of Kosmos Energy in the second quarter valued at approximately $26,000. CWM LLC raised its holdings in shares of Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Kosmos Energy in the third quarter valued at approximately $28,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of Kosmos Energy in the third quarter valued at approximately $43,000. Finally, Signaturefd LLC raised its holdings in shares of Kosmos Energy by 39,777.8% in the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock valued at $43,000 after purchasing an additional 10,740 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

About Kosmos Energy

(Get Free Report)

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.

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