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 note issued to investors on Monday.

Several other equities analysts also recently weighed in on KOS. Bank of America dropped their price target 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. Mizuho began coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Benchmark reduced their target price 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. Finally, Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $5.75.

Kosmos Energy Stock Up 1.8 %

KOS stock opened at $3.90 on Monday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company’s 50 day simple moving average is $4.04 and its 200-day simple moving average is $4.84. Kosmos Energy has a 12 month low of $3.49 and a 12 month high of $7.07. The firm has a market capitalization of $1.84 billion, a PE ratio of 8.86, a P/E/G ratio of 0.51 and a beta of 2.42.

Institutional Trading of Kosmos Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC boosted its position in shares of Kosmos Energy by 3.0% in the second quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock worth $399,000 after acquiring an additional 2,055 shares during the last quarter. Fruth Investment Management raised its stake in Kosmos Energy by 10.2% during the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock worth $108,000 after purchasing an additional 2,500 shares during the period. CWM LLC boosted its holdings 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 valued at $36,000 after purchasing an additional 2,969 shares during the last quarter. nVerses Capital LLC grew its stake in shares of Kosmos Energy by 13.6% during the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock valued at $125,000 after buying an additional 3,700 shares during the period. Finally, Comerica Bank increased its holdings in shares of Kosmos Energy by 27.1% during the 1st quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock worth $118,000 after buying an additional 4,213 shares during the last quarter. Hedge funds and other 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.