Dark Forest Capital Management LP Buys 52,305 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Dark Forest Capital Management LP increased its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 23.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 276,213 shares of the oil and gas producer’s stock after purchasing an additional 52,305 shares during the quarter. Dark Forest Capital Management LP owned 0.06% of Kosmos Energy worth $1,530,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in Kosmos Energy by 80.2% during the second quarter. AQR Capital Management LLC now owns 305,604 shares of the oil and gas producer’s stock worth $1,693,000 after buying an additional 136,029 shares during the period. Toronto Dominion Bank bought a new stake in shares of Kosmos Energy in the 2nd quarter worth about $2,240,000. Marshall Wace LLP boosted its stake in shares of Kosmos Energy by 97.9% during the 2nd quarter. Marshall Wace LLP now owns 250,735 shares of the oil and gas producer’s stock worth $1,389,000 after purchasing an additional 124,058 shares during the period. Ensign Peak Advisors Inc grew its holdings in Kosmos Energy by 7.1% during the 2nd quarter. Ensign Peak Advisors Inc now owns 193,057 shares of the oil and gas producer’s stock valued at $1,070,000 after purchasing an additional 12,800 shares during the last quarter. Finally, XTX Topco Ltd raised its position in Kosmos Energy by 82.2% in the 2nd quarter. XTX Topco Ltd now owns 139,234 shares of the oil and gas producer’s stock worth $771,000 after purchasing an additional 62,832 shares during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 6.2 %

Shares of NYSE KOS opened at $3.95 on Thursday. Kosmos Energy Ltd. has a twelve month low of $3.75 and a twelve month high of $8.28. The firm has a market cap of $1.86 billion, a PE ratio of 8.59, a price-to-earnings-growth ratio of 1.33 and a beta of 2.42. The business has a fifty day simple moving average of $4.75 and a two-hundred day simple moving average of $5.43. The company has a quick ratio of 0.50, a current ratio of 0.73 and a debt-to-equity ratio of 2.27.

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

Analyst Upgrades and Downgrades

KOS has been the subject of several recent analyst reports. Benchmark restated a “buy” rating and set a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday, August 6th. Mizuho assumed coverage on Kosmos Energy in a report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Sanford C. Bernstein cut their price objective on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 17th. Finally, Bank of America decreased their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $7.47.

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.