Rafferty Asset Management LLC Boosts Stake in Kosmos Energy Ltd. (NYSE:KOS)

Rafferty Asset Management LLC increased its position in Kosmos Energy Ltd. (NYSE:KOSFree Report) by 16.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 698,407 shares of the oil and gas producer’s stock after purchasing an additional 97,357 shares during the quarter. Rafferty Asset Management LLC owned approximately 0.15% of Kosmos Energy worth $4,686,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wetzel Investment Advisors Inc. purchased a new position in Kosmos Energy during the fourth quarter valued at $27,000. TFO Wealth Partners LLC boosted its stake in 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 worth $39,000 after acquiring an additional 5,712 shares in the last quarter. First Trust Direct Indexing L.P. purchased a new stake in Kosmos Energy in the fourth quarter worth about $68,000. Procyon Advisors LLC bought a new position in shares of Kosmos Energy during the fourth quarter valued at approximately $74,000. Finally, Jump Financial LLC purchased a new position in shares of Kosmos Energy during the fourth quarter valued at approximately $76,000. 95.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on KOS. TheStreet downgraded Kosmos Energy from a “b” rating to a “c+” rating in a research note on Monday, February 26th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.63.

Check Out Our Latest Research Report on Kosmos Energy

Kosmos Energy Stock Performance

KOS stock opened at $5.64 on Friday. The stock’s 50 day simple moving average is $5.96 and its 200 day simple moving average is $6.14. The company has a current ratio of 0.91, a quick ratio of 0.64 and a debt-to-equity ratio of 2.48. Kosmos Energy Ltd. has a 12-month low of $5.23 and a 12-month high of $8.28. The stock has a market capitalization of $2.66 billion, a PE ratio of 12.25, a price-to-earnings-growth ratio of 0.46 and a beta of 2.39.

Kosmos Energy (NYSE:KOSGet Free Report) last released its quarterly earnings data on Tuesday, May 7th. The oil and gas producer reported $0.19 EPS for the quarter. Kosmos Energy had a return on equity of 39.32% and a net margin of 12.85%. The company had revenue of $419.14 million for the quarter. As a group, research analysts forecast that Kosmos Energy Ltd. will post 0.72 earnings per share for the current fiscal year.

About Kosmos Energy

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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