Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by Corsair Capital Management L.P.

Corsair Capital Management L.P. lowered its stake in Kosmos Energy Ltd. (NYSE:KOS) by 33.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,813 shares of the oil and gas producer’s stock after selling 20,000 shares during the period. Corsair Capital Management L.P.’s holdings in Kosmos Energy were worth $160,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in shares of Kosmos Energy during the 2nd quarter worth $26,000. CWM LLC increased its position in Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 2,969 shares in the last quarter. 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 worth $43,000 after acquiring an additional 10,740 shares during the last quarter. InTrack Investment Management Inc purchased a new stake in shares of Kosmos Energy during the third quarter worth about $44,000. Finally, Naviter Wealth LLC purchased a new position in shares of Kosmos Energy during the 3rd quarter worth $48,000. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Benchmark cut their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Monday. Mizuho assumed coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. Sanford C. Bernstein lowered 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. Finally, Bank of America lowered 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. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Kosmos Energy Trading Up 0.8 %

Shares of KOS opened at $3.86 on Wednesday. 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 Ltd. has a one year low of $3.49 and a one year high of $7.07. The stock has a 50-day moving average price of $4.05 and a 200 day moving average price of $4.84. The company has a market capitalization of $1.82 billion, a P/E ratio of 8.72, a P/E/G ratio of 0.51 and a beta of 2.42.

Kosmos Energy 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.