135,104 Shares in Kosmos Energy Ltd. (NYSE:KOS) Bought by Intech Investment Management LLC

Intech Investment Management LLC purchased a new stake in Kosmos Energy Ltd. (NYSE:KOS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 135,104 shares of the oil and gas producer’s stock, valued at approximately $544,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Graham Capital Wealth Management LLC purchased a new stake in Kosmos Energy during the 3rd quarter valued at approximately $2,443,000. Vanguard Group Inc. grew its holdings in Kosmos Energy by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock valued at $77,328,000 after buying an additional 258,460 shares during the last quarter. Woodmont Investment Counsel LLC lifted its holdings in Kosmos Energy by 137.1% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after purchasing an additional 283,624 shares in the last quarter. Millennium Management LLC grew its stake in Kosmos Energy by 34.9% in the 2nd quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock worth $12,976,000 after acquiring an additional 606,195 shares during the period. Finally, M&G PLC lifted its position in Kosmos Energy by 20.0% during the third quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer’s stock worth $23,647,000 after buying an additional 983,623 shares during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Bank of America cut their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Benchmark cut their price objective 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. Mizuho began coverage on Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 price target on the stock. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Finally, 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 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.75.

Kosmos Energy Stock Up 1.0 %

NYSE:KOS opened at $3.94 on Monday. The business’s fifty day moving average price is $4.03 and its 200 day moving average price is $4.81. 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 firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 8.95, a PEG ratio of 0.51 and a beta of 2.42. Kosmos Energy Ltd. has a 1-year low of $3.49 and a 1-year high of $7.07.

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.