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

Kosmos Energy (NYSE:KOS) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Several other equities research analysts have also issued reports on KOS. Benchmark lowered their price target 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. Bank of America lowered their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a report on Wednesday, September 25th. Sanford C. Bernstein lowered 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, Mizuho began coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.75.

Kosmos Energy Stock Performance

Kosmos Energy stock traded down $0.07 on Monday, hitting $3.95. The company’s stock had a trading volume of 4,475,846 shares, compared to its average volume of 6,926,560. The firm has a market cap of $1.86 billion, a P/E ratio of 8.98, a price-to-earnings-growth ratio of 0.52 and a beta of 2.42. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The company has a fifty day moving average price of $4.07 and a 200-day moving average price of $4.88. Kosmos Energy has a one year low of $3.49 and a one year high of $7.07.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds have recently added to or reduced their stakes in the stock. Rothschild Investment LLC bought a new stake in Kosmos Energy during the 2nd quarter worth about $26,000. CWM LLC grew its holdings in Kosmos Energy by 82.2% during 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 during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Kosmos Energy during the 3rd quarter worth about $28,000. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy during the 3rd quarter valued at about $43,000. Finally, Signaturefd LLC lifted its position in Kosmos Energy by 39,777.8% during the 3rd 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 period. Institutional investors own 95.33% of the company’s stock.

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.