UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 11.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,702,339 shares of the oil and gas producer’s stock after buying an additional 172,966 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.36% of Kosmos Energy worth $6,860,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. raised its holdings in Kosmos Energy by 7.3% during 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 buying an additional 1,933,216 shares during the period. American Century Companies Inc. grew its position in Kosmos Energy by 17.2% in the 2nd 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 acquiring an additional 3,636,663 shares during the last quarter. William Blair Investment Management LLC grew its position in Kosmos Energy by 13.5% in the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock valued at $75,460,000 after acquiring an additional 1,624,495 shares during the last quarter. Equinox Partners Investment Management LLC grew its position in Kosmos Energy by 29.4% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock valued at $33,060,000 after acquiring an additional 1,863,966 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Kosmos Energy by 1.8% in the 2nd quarter. Natixis Advisors LLC now owns 6,954,364 shares of the oil and gas producer’s stock valued at $38,527,000 after acquiring an additional 123,162 shares during the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.
Wall Street Analyst Weigh In
KOS has been the topic of several research analyst reports. 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 report on Tuesday, November 5th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday. 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. 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 report on Wednesday, September 25th. Finally, Mizuho began coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Kosmos Energy presently has an average rating of “Hold” and a consensus target price of $5.75.
Kosmos Energy Trading Up 4.6 %
Kosmos Energy stock opened at $3.62 on Tuesday. The stock has a 50-day moving average of $3.99 and a two-hundred day moving average of $4.70. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy Ltd. has a one year low of $3.39 and a one year high of $7.07. The stock has a market cap of $1.71 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 0.44 and a beta of 2.41.
Kosmos Energy 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.
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