Kosmos Energy (NYSE:KOS) Shares Up 8.8% – Should You Buy?

Shares of Kosmos Energy Ltd. (NYSE:KOS) were up 8.8% on Thursday . The stock traded as high as $3.83 and last traded at $3.72. Approximately 3,159,174 shares changed hands during trading, a decline of 57% from the average daily volume of 7,379,337 shares. The stock had previously closed at $3.42.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Sanford C. Bernstein dropped their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Mizuho dropped their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday, December 18th. Finally, 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 note on Wednesday, September 25th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Kosmos Energy has an average rating of “Moderate Buy” and a consensus target price of $5.52.

Kosmos Energy Trading Up 10.8 %

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The firm has a fifty day moving average price of $3.62 and a 200 day moving average price of $4.41. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 8.61, a P/E/G ratio of 0.39 and a beta of 2.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of KOS. Vaughan Nelson Investment Management L.P. lifted its stake in Kosmos Energy by 7.3% in 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 last quarter. American Century Companies Inc. lifted its position in shares of Kosmos Energy by 17.2% in 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 buying an additional 3,636,663 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after acquiring an additional 1,588,990 shares during the period. William Blair Investment Management LLC increased its holdings in shares of Kosmos Energy by 13.5% during 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 acquiring an additional 1,624,495 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Kosmos Energy by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after purchasing an additional 68,339 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

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.