Commonwealth Equity Services LLC Acquires 55,664 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Commonwealth Equity Services LLC raised its holdings in Kosmos Energy Ltd. (NYSE:KOS) by 52.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,650 shares of the oil and gas producer’s stock after acquiring an additional 55,664 shares during the period. Commonwealth Equity Services LLC’s holdings in Kosmos Energy were worth $901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rothschild Investment LLC acquired a new stake in shares of Kosmos Energy during the second quarter valued at about $26,000. CWM LLC boosted its stake in shares of Kosmos Energy by 82.2% during the second 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 in the last quarter. TFO Wealth Partners LLC boosted its stake in shares of Kosmos Energy by 7,051.9% during the fourth quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock valued at $39,000 after purchasing an additional 5,712 shares in the last quarter. Covestor Ltd boosted its stake in shares of Kosmos Energy by 35,360.9% during the first quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock valued at $48,000 after purchasing an additional 8,133 shares in the last quarter. Finally, Moloney Securities Asset Management LLC acquired a new stake in shares of Kosmos Energy during the first quarter valued at about $60,000. Institutional investors own 95.33% of the company’s stock.

Analyst Upgrades and Downgrades

KOS has been the topic of a number of recent research reports. Sanford C. Bernstein cut their price target on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 17th. Benchmark reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Kosmos Energy in a research note on Tuesday, August 6th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.56.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $4.38 on Wednesday. The stock’s 50 day moving average is $4.95 and its 200 day moving average is $5.50. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50. The firm has a market cap of $2.06 billion, a P/E ratio of 9.26, a P/E/G ratio of 0.53 and a beta of 2.42. Kosmos Energy Ltd. has a one year low of $3.75 and a one year high of $8.28.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). The business had revenue of $450.94 million during the quarter. Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. As a group, research analysts expect that Kosmos Energy Ltd. will post 0.42 EPS for the current year.

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.