Toronto Dominion Bank Raises Position in Kosmos Energy Ltd. (NYSE:KOS)

Toronto Dominion Bank increased its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 28.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 517,381 shares of the oil and gas producer’s stock after purchasing an additional 113,088 shares during the period. Toronto Dominion Bank owned approximately 0.11% of Kosmos Energy worth $2,085,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its stake in shares of Kosmos Energy by 3.0% during the 2nd quarter. Hsbc Holdings PLC now owns 71,555 shares of the oil and gas producer’s stock worth $399,000 after buying an additional 2,055 shares in the last quarter. Fruth Investment Management grew its holdings in Kosmos Energy by 10.2% during the third quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock worth $108,000 after acquiring an additional 2,500 shares during the period. CWM LLC raised its position in Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after acquiring an additional 2,969 shares in the last quarter. nVerses Capital LLC lifted its holdings in Kosmos Energy by 13.6% in the third quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock valued at $125,000 after acquiring an additional 3,700 shares during the period. Finally, Comerica Bank boosted its position in shares of 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.

Kosmos Energy Trading Down 4.4 %

Shares of Kosmos Energy stock opened at $3.01 on Monday. Kosmos Energy Ltd. has a 1 year low of $2.99 and a 1 year high of $7.07. 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 business has a 50 day moving average price of $3.91 and a 200 day moving average price of $4.63. The company has a market capitalization of $1.42 billion, a P/E ratio of 6.84, a P/E/G ratio of 0.48 and a beta of 2.41.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KOS. Sanford C. Bernstein cut their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Benchmark dropped their target price 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. Mizuho assumed coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company. Bank of America lowered their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a report on Wednesday, September 25th. Finally, StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.75.

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.