Kosmos Energy (NYSE:KOS) Stock Rating Upgraded by StockNews.com

Kosmos Energy (NYSE:KOS) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

Other analysts also recently issued reports about the company. Bank of America cut their target price 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 assumed coverage on Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company. Sanford C. Bernstein lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Finally, Benchmark lowered their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $6.60.

Kosmos Energy Stock Performance

KOS opened at $4.11 on Wednesday. The business has a fifty day simple moving average of $4.07 and a 200 day simple moving average of $4.97. The company has a market capitalization of $1.94 billion, a PE ratio of 9.33, a price-to-earnings-growth ratio of 0.26 and a beta of 2.42. Kosmos Energy has a 1 year low of $3.49 and a 1 year high of $7.20. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Hedge Funds Weigh In On Kosmos Energy

A number of institutional investors and hedge funds have recently bought and sold shares of KOS. ProShare Advisors LLC increased its holdings in Kosmos Energy by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 82,076 shares of the oil and gas producer’s stock worth $489,000 after purchasing an additional 6,459 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Kosmos Energy by 28.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,331,131 shares of the oil and gas producer’s stock valued at $19,853,000 after buying an additional 729,148 shares during the last quarter. M&G Plc bought a new stake in shares of Kosmos Energy in the 1st quarter valued at about $20,800,000. Mizuho Markets Americas LLC boosted its position in shares of Kosmos Energy by 23.9% during the 1st quarter. Mizuho Markets Americas LLC now owns 184,138 shares of the oil and gas producer’s stock valued at $1,097,000 after purchasing an additional 35,500 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Kosmos Energy by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock valued at $77,328,000 after purchasing an additional 258,460 shares in the last quarter. Institutional investors and hedge funds 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.