Kosmos Energy Ltd. (NYSE:KOS) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company cut its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS) by 2.1% in the 3rd quarter, Holdings Channel reports. The firm owned 252,406 shares of the oil and gas producer’s stock after selling 5,481 shares during the period. The Manufacturers Life Insurance Company’s holdings in Kosmos Energy were worth $1,017,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Vaughan Nelson Investment Management L.P. lifted its position in shares of Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after acquiring an additional 1,933,216 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Kosmos Energy by 17.2% in the 2nd quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock valued at $137,470,000 after purchasing an additional 3,636,663 shares during the period. William Blair Investment Management LLC increased its stake in Kosmos Energy by 13.5% in the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after purchasing an additional 1,624,495 shares in the last quarter. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 29.4% during the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock worth $33,060,000 after buying an additional 1,863,966 shares during the period. Finally, Natixis Advisors LLC lifted its stake in Kosmos Energy by 1.8% during the second quarter. Natixis Advisors LLC now owns 6,954,364 shares of the oil and gas producer’s stock valued at $38,527,000 after buying an additional 123,162 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Benchmark reduced their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Sanford C. Bernstein decreased their target price 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. Bank of America dropped their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Finally, Mizuho assumed 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Kosmos Energy currently has a consensus rating of “Hold” and a consensus target price of $5.75.

Kosmos Energy Price Performance

Shares of NYSE:KOS opened at $3.14 on Friday. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 7.13, a P/E/G ratio of 0.44 and a beta of 2.41. Kosmos Energy Ltd. has a 1 year low of $3.13 and a 1 year high of $7.07. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The business has a fifty day simple moving average of $3.94 and a 200 day simple moving average of $4.67.

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.