Capstone Investment Advisors LLC Buys Shares of 24,060 Kosmos Energy Ltd. (NYSE:KOS)

Capstone Investment Advisors LLC purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,060 shares of the oil and gas producer’s stock, valued at approximately $97,000.

A number of other institutional investors also recently modified their holdings of KOS. Hsbc Holdings PLC grew its position in Kosmos Energy by 3.0% in the second quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock valued at $399,000 after acquiring an additional 2,055 shares during the last quarter. Fruth Investment Management boosted its stake in shares of Kosmos Energy by 10.2% in the 3rd quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock valued at $108,000 after purchasing an additional 2,500 shares in the last quarter. CWM LLC grew its holdings in shares of Kosmos Energy by 82.2% during the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the last quarter. nVerses Capital LLC increased its position in Kosmos Energy by 13.6% during the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock worth $125,000 after purchasing an additional 3,700 shares in the last quarter. Finally, Comerica Bank increased its position in Kosmos Energy by 27.1% during the 1st quarter. Comerica Bank now owns 19,786 shares of the oil and gas producer’s stock worth $118,000 after purchasing an additional 4,213 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Wall Street Analysts Forecast Growth

KOS has been the topic of a number of research reports. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Mizuho initiated coverage on Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective on the stock. Bank of America lowered their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Sanford C. Bernstein cut their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 5th. Finally, Benchmark lowered their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.75.

Kosmos Energy Trading Up 1.0 %

Shares of KOS stock opened at $3.94 on Monday. Kosmos Energy Ltd. has a 1-year low of $3.49 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 stock has a market cap of $1.86 billion, a price-to-earnings ratio of 8.95, a PEG ratio of 0.51 and a beta of 2.42. The stock has a 50-day moving average of $4.03 and a 200-day moving average of $4.81.

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.