Kosmos Energy Ltd. (NYSE:KOS) Stock Position Raised by Equinox Partners Investment Management LLC

Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 29.4% during the third quarter, Holdings Channel.com reports. The firm owned 8,203,501 shares of the oil and gas producer’s stock after purchasing an additional 1,863,966 shares during the quarter. Kosmos Energy makes up 22.7% of Equinox Partners Investment Management LLC’s investment portfolio, making the stock its 2nd largest position. Equinox Partners Investment Management LLC’s holdings in Kosmos Energy were worth $33,060,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in shares of Kosmos Energy during the 2nd quarter valued at approximately $26,000. CWM LLC lifted its position in shares of Kosmos Energy by 82.2% during the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after acquiring an additional 2,969 shares during the period. Covestor Ltd lifted its position in shares of Kosmos Energy by 35,360.9% during the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock valued at $48,000 after acquiring an additional 8,133 shares during the period. Moloney Securities Asset Management LLC acquired a new stake in shares of Kosmos Energy during the 1st quarter valued at approximately $60,000. Finally, InTrack Investment Management Inc acquired a new stake in shares of Kosmos Energy during the 3rd quarter valued at approximately $44,000. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Up 0.6 %

Shares of Kosmos Energy stock opened at $4.24 on Friday. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. Kosmos Energy Ltd. has a 1 year low of $3.69 and a 1 year high of $7.68. The company has a market capitalization of $2.00 billion, a P/E ratio of 9.24, a P/E/G ratio of 0.54 and a beta of 2.41. The business has a 50 day moving average price of $4.43 and a 200 day moving average price of $5.26.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million during the quarter. Kosmos Energy had a net margin of 13.56% and a return on equity of 40.16%. Sell-side analysts anticipate that Kosmos Energy Ltd. will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

KOS has been the subject of a number of research reports. Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company. Bank of America cut their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. Sanford C. Bernstein cut their price objective on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Finally, Benchmark restated a “buy” rating and set a $8.00 price objective on shares of Kosmos Energy in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.00.

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.