Kosmos Energy (NYSE:KOS) Price Target Cut to $4.00 by Analysts at Mizuho

Kosmos Energy (NYSE:KOS) had its price target dropped by analysts at Mizuho from $5.00 to $4.00 in a report released on Monday,Benzinga reports. The firm presently has a “neutral” rating on the oil and gas producer’s stock. Mizuho’s price objective would suggest a potential upside of 32.89% from the company’s current price.

Several other equities research analysts have also recently issued reports on KOS. Bank of America dropped their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Sanford C. Bernstein decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Benchmark cut their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock 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 stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $5.50.

Kosmos Energy Stock Performance

Shares of Kosmos Energy stock opened at $3.01 on Monday. Kosmos Energy has a 52 week low of $2.99 and a 52 week high of $7.07. The company has a market capitalization of $1.42 billion, a PE ratio of 6.84, a price-to-earnings-growth ratio of 0.48 and a beta of 2.41. The stock’s fifty day moving average is $3.91 and its two-hundred day moving average is $4.63. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KOS. Rothschild Investment LLC purchased a new position in Kosmos Energy in the second quarter valued at about $26,000. CWM LLC grew its position in shares of Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 2,969 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Kosmos Energy in the 3rd quarter worth approximately $28,000. CTC Alternative Strategies Ltd. bought a new position in shares of Kosmos Energy during the 3rd quarter worth approximately $43,000. Finally, Signaturefd LLC lifted its position in Kosmos Energy by 39,777.8% during the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock valued at $43,000 after acquiring an additional 10,740 shares during the last quarter. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

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.