Victory Capital Management Inc. Grows Stock Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Victory Capital Management Inc. raised its stake in Kosmos Energy Ltd. (NYSE:KOS) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,209 shares of the oil and gas producer’s stock after purchasing an additional 9,753 shares during the quarter. Victory Capital Management Inc.’s holdings in Kosmos Energy were worth $476,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in shares of Kosmos Energy in the 2nd quarter valued at $26,000. 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. Signaturefd LLC boosted its holdings in shares of 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 during the last quarter. InTrack Investment Management Inc acquired a new position in shares of Kosmos Energy in the 3rd quarter valued at $44,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Kosmos Energy in the 2nd quarter valued at $61,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Stock Performance

NYSE:KOS opened at $3.94 on Friday. Kosmos Energy Ltd. has a 1-year low of $3.49 and a 1-year high of $7.07. The stock has a market cap of $1.86 billion, a P/E ratio of 8.95, a PEG ratio of 0.50 and a beta of 2.42. 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 firm has a 50-day moving average of $4.04 and a two-hundred day moving average of $4.83.

Analysts Set New Price Targets

A number of equities analysts have weighed in on KOS shares. Mizuho started coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 price target on the stock. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Monday, November 25th. Sanford C. Bernstein reduced 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. Bank of America reduced 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. Finally, 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. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.75.

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.