Kosmos Energy (NYSE:KOS) Upgraded at StockNews.com

StockNews.com upgraded shares of Kosmos Energy (NYSE:KOS) from a sell rating to a hold rating in a research report sent to investors on Friday morning.

KOS has been the topic of a number of other research reports. Mizuho initiated coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. Benchmark dropped their target price 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 dropped their target price 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, Sanford C. Bernstein dropped their target price 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $5.75.

Kosmos Energy Stock Down 2.3 %

Shares of NYSE KOS opened at $3.46 on Friday. The company has a market capitalization of $1.63 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 0.47 and a beta of 2.41. Kosmos Energy has a 52-week low of $3.39 and a 52-week high of $7.07. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company’s 50 day moving average price is $3.99 and its 200-day moving average price is $4.72.

Institutional Trading of Kosmos Energy

Several institutional investors have recently made changes to their positions in KOS. Rothschild Investment LLC bought a new stake in shares of Kosmos Energy in the 2nd quarter worth $26,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Kosmos Energy in the 3rd quarter worth $28,000. CWM LLC grew its stake in shares of Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after acquiring an additional 2,969 shares in the last quarter. Signaturefd LLC grew its stake in shares of Kosmos Energy by 39,777.8% in the 3rd 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 in the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new position in Kosmos Energy during the third quarter valued at about $43,000. Institutional investors own 95.33% of the company’s stock.

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.