Harbor Capital Advisors Inc. Raises Stake in Kosmos Energy Ltd. (NYSE:KOS)

Harbor Capital Advisors Inc. increased its stake in Kosmos Energy Ltd. (NYSE:KOS) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,343,163 shares of the oil and gas producer’s stock after acquiring an additional 51,699 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Kosmos Energy were worth $4,594,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KOS. Point72 Asia Singapore Pte. Ltd. purchased a new position in Kosmos Energy in the third quarter valued at about $28,000. Signaturefd LLC increased its stake in Kosmos Energy by 39,777.8% in 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 in the last quarter. CTC Alternative Strategies Ltd. purchased a new stake in Kosmos Energy during the third quarter worth $43,000. InTrack Investment Management Inc acquired a new stake in Kosmos Energy in the third quarter valued at $44,000. Finally, Naviter Wealth LLC purchased a new position in shares of Kosmos Energy in the third quarter valued at $48,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on KOS shares. Bank of America lowered their price objective on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Mizuho lowered their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Sanford C. Bernstein cut their price objective on 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. Benchmark lowered their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5.52.

Kosmos Energy Stock Down 1.6 %

KOS stock opened at $3.69 on Friday. The company has a 50 day moving average price of $3.61 and a two-hundred day moving average price of $4.35. 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 stock has a market capitalization of $1.74 billion, a P/E ratio of 8.39, a PEG ratio of 0.39 and a beta of 2.43. Kosmos Energy Ltd. has a one year low of $2.62 and a one year high of $6.79.

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.