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 report issued on Wednesday morning.

A number of other analysts also recently weighed in on the company. Mizuho initiated coverage on Kosmos Energy in a research report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price for the company. Benchmark lowered their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Sanford C. Bernstein reduced 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 report on Tuesday, November 5th. Finally, Bank of America lowered their price target 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. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy presently has a consensus rating of “Moderate Buy” and an average price target of $6.60.

Kosmos Energy Price Performance

NYSE:KOS opened at $3.89 on Wednesday. The stock has a fifty day moving average of $4.06 and a 200 day moving average of $4.95. 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 firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 8.84, a P/E/G ratio of 0.27 and a beta of 2.42. Kosmos Energy has a 52-week low of $3.49 and a 52-week high of $7.20.

Institutional Trading of Kosmos Energy

Several large investors have recently modified their holdings of the business. Geode Capital Management LLC grew its position in shares of Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after buying an additional 68,339 shares during the last quarter. Barclays PLC lifted its stake in Kosmos Energy by 46.5% in the third quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock worth $12,221,000 after acquiring an additional 962,057 shares during the period. CTC Alternative Strategies Ltd. bought a new stake in Kosmos Energy in the third quarter valued at $43,000. Orion Portfolio Solutions LLC boosted its holdings in Kosmos Energy by 50.9% in the third quarter. Orion Portfolio Solutions LLC now owns 22,918 shares of the oil and gas producer’s stock valued at $92,000 after acquiring an additional 7,728 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new position in Kosmos Energy during the 3rd quarter valued at $156,000. 95.33% of the stock is owned by institutional investors.

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.