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

StockNews.com upgraded shares of Kosmos Energy (NYSE:KOS) from a sell rating to a hold rating in a research report released on Wednesday.

KOS has been the topic of a number of other research reports. Mizuho started coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target on the stock. Bank of America cut their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Benchmark decreased their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Sanford C. Bernstein dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.60.

Kosmos Energy Stock Performance

Shares of KOS stock opened at $3.89 on Wednesday. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth ratio of 0.27 and a beta of 2.42. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a one year low of $3.49 and a one year high of $7.20. The company’s 50-day moving average is $4.06 and its 200 day moving average is $4.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. ProShare Advisors LLC increased its position in shares of Kosmos Energy by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 82,076 shares of the oil and gas producer’s stock valued at $489,000 after purchasing an additional 6,459 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Kosmos Energy by 28.0% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,331,131 shares of the oil and gas producer’s stock worth $19,853,000 after acquiring an additional 729,148 shares during the period. M&G Plc purchased a new position in shares of Kosmos Energy during the 1st quarter worth $20,800,000. Mizuho Markets Americas LLC boosted its stake 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 worth $1,097,000 after acquiring an additional 35,500 shares during the last quarter. Finally, Vanguard Group Inc. grew 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 acquiring an additional 258,460 shares during the period. 95.33% of the stock is owned by hedge funds and other institutional investors.

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.