Mizuho Markets Americas LLC Purchases 35,500 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Mizuho Markets Americas LLC grew its position in Kosmos Energy Ltd. (NYSE:KOS) by 23.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 184,138 shares of the oil and gas producer’s stock after acquiring an additional 35,500 shares during the quarter. Mizuho Markets Americas LLC’s holdings in Kosmos Energy were worth $1,097,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. boosted its stake in Kosmos Energy by 23.8% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 25,145,473 shares of the oil and gas producer’s stock valued at $149,867,000 after buying an additional 4,830,005 shares in the last quarter. M&G Plc acquired a new stake in Kosmos Energy in the 1st quarter valued at $20,800,000. Jennison Associates LLC boosted its stake in Kosmos Energy by 81.7% in the 4th quarter. Jennison Associates LLC now owns 5,736,668 shares of the oil and gas producer’s stock valued at $38,493,000 after buying an additional 2,580,191 shares in the last quarter. Weiss Asset Management LP acquired a new stake in Kosmos Energy in the 4th quarter valued at $14,762,000. Finally, Patient Capital Management LLC boosted its stake in Kosmos Energy by 19.7% in the 4th quarter. Patient Capital Management LLC now owns 6,363,423 shares of the oil and gas producer’s stock valued at $42,699,000 after buying an additional 1,046,091 shares in the last quarter. Institutional investors own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KOS. Benchmark reaffirmed a “buy” rating and issued a $8.00 price target on shares of Kosmos Energy in a research note on Tuesday, June 25th. Sanford C. Bernstein decreased their price target on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kosmos Energy has a consensus rating of “Moderate Buy” and an average target price of $8.56.

Kosmos Energy Price Performance

KOS traded down $0.11 during trading on Friday, hitting $5.60. The company’s stock had a trading volume of 4,366,757 shares, compared to its average volume of 3,971,680. The firm’s 50 day moving average price is $5.69 and its two-hundred day moving average price is $5.89. The company has a quick ratio of 0.64, a current ratio of 0.91 and a debt-to-equity ratio of 2.48. Kosmos Energy Ltd. has a 12 month low of $5.07 and a 12 month high of $8.28. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 0.46 and a beta of 2.41.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Tuesday, May 7th. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. The firm had revenue of $419.14 million during the quarter. Sell-side analysts forecast that Kosmos Energy Ltd. will post 0.7 earnings per share for the current fiscal year.

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.