Mizuho Cuts Kosmos Energy (NYSE:KOS) Price Target to $4.00

Kosmos Energy (NYSE:KOS) had its price objective lowered by Mizuho from $5.00 to $4.00 in a research report report published on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the oil and gas producer’s stock.

A number of other equities analysts have also recently issued reports on the company. Sanford C. Bernstein dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Bank of America cut their price target 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 decreased their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Kosmos Energy has an average rating of “Moderate Buy” and an average price target of $5.52.

Kosmos Energy Stock Performance

Kosmos Energy stock opened at $3.17 on Monday. 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 market capitalization of $1.50 billion, a P/E ratio of 7.20, a price-to-earnings-growth ratio of 0.48 and a beta of 2.41. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $7.07. The company’s 50-day moving average is $3.85 and its 200 day moving average is $4.59.

Institutional Trading of Kosmos Energy

Several institutional investors and hedge funds have recently made changes to their positions in KOS. Vaughan Nelson Investment Management L.P. increased its position in 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 purchasing an additional 1,933,216 shares during the period. American Century Companies Inc. boosted its stake in shares of Kosmos Energy by 17.2% during the second 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 in the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in Kosmos Energy by 8.1% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock valued at $85,202,000 after buying an additional 1,588,990 shares during the period. William Blair Investment Management LLC raised its stake in Kosmos Energy by 13.5% in the second 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 buying an additional 1,624,495 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Kosmos Energy by 0.7% during the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after buying an additional 68,339 shares during the period. 95.33% of the stock is currently owned by 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.