Kosmos Energy Ltd. (NYSE:KOS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been assigned a consensus rating of “Moderate Buy” from the four brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $8.56.

Several brokerages have issued reports on KOS. Sanford C. Bernstein decreased their price target on shares of Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Benchmark reaffirmed a “buy” rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday, August 6th.

Institutional Investors Weigh In On Kosmos Energy

A number of large investors have recently bought and sold shares of KOS. Trexquant Investment LP bought a new position in shares of Kosmos Energy during the fourth quarter valued at about $2,807,000. Dimensional Fund Advisors LP lifted its holdings in Kosmos Energy by 8.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,687,431 shares of the oil and gas producer’s stock valued at $65,005,000 after purchasing an additional 761,657 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Kosmos Energy by 28.0% during 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 purchasing an additional 729,148 shares during the period. Patient Capital Management LLC raised its stake in shares of Kosmos Energy by 19.7% during 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 purchasing an additional 1,046,091 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Kosmos Energy by 2.0% in 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 purchasing an additional 258,460 shares during the period. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $4.75 on Wednesday. The business has a 50 day moving average of $5.35 and a 200-day moving average of $5.69. The company has a market capitalization of $2.24 billion, a P/E ratio of 10.32, a P/E/G ratio of 0.43 and a beta of 2.41. Kosmos Energy has a 1 year low of $4.43 and a 1 year high of $8.28. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.91 and a quick ratio of 0.64.

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.