SPX Gestao de Recursos Ltda Makes New Investment in Kosmos Energy Ltd. (NYSE:KOS)

SPX Gestao de Recursos Ltda bought a new position in shares of Kosmos Energy Ltd. (NYSE:KOS) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 347,220 shares of the oil and gas producer’s stock, valued at approximately $1,924,000.

A number of other large investors also recently bought and sold shares of KOS. Rothschild Investment LLC purchased a new position in Kosmos Energy during the 2nd quarter worth $26,000. CWM LLC increased its holdings 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 valued at $36,000 after buying an additional 2,969 shares in the last quarter. TFO Wealth Partners LLC increased its stake in shares of Kosmos Energy by 7,051.9% in the 4th 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 raised its stake in shares of Kosmos Energy by 35,360.9% during the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock worth $48,000 after buying an additional 8,133 shares during the period. Finally, Moloney Securities Asset Management LLC acquired a new position in Kosmos Energy during the first quarter worth $60,000. Institutional investors own 95.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price for the company. Benchmark reiterated a “buy” rating and set a $8.00 price target on shares of Kosmos Energy in a report on Tuesday, August 6th. Sanford C. Bernstein decreased 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. Finally, Bank of America dropped their price objective on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $7.47.

Kosmos Energy Price Performance

Shares of NYSE:KOS opened at $4.03 on Tuesday. Kosmos Energy Ltd. has a 12 month low of $3.69 and a 12 month high of $8.23. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 8.76, a price-to-earnings-growth ratio of 1.33 and a beta of 2.42. The business’s 50 day simple moving average is $4.64 and its 200-day simple moving average is $5.39. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.73 and a quick ratio of 0.50.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, August 5th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $450.94 million for the quarter. Kosmos Energy had a return on equity of 40.16% and a net margin of 13.56%. As a group, equities analysts forecast that Kosmos Energy Ltd. will post 0.18 earnings per share for the current fiscal year.

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.