Kosmos Energy Ltd. (NYSE:KOS) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its holdings in shares of Kosmos Energy Ltd. (NYSE:KOS) by 9.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 118,209 shares of the oil and gas producer’s stock after buying an additional 9,753 shares during the period. Victory Capital Management Inc.’s holdings in Kosmos Energy were worth $476,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Graham Capital Wealth Management LLC acquired a new stake in Kosmos Energy in the third quarter valued at about $2,443,000. Vanguard Group Inc. increased its holdings in Kosmos Energy by 2.0% in the first quarter. Vanguard Group Inc. now owns 12,974,454 shares of the oil and gas producer’s stock valued at $77,328,000 after buying an additional 258,460 shares in the last quarter. Woodmont Investment Counsel LLC increased its holdings in Kosmos Energy by 137.1% in the third quarter. Woodmont Investment Counsel LLC now owns 490,427 shares of the oil and gas producer’s stock valued at $1,976,000 after buying an additional 283,624 shares in the last quarter. Millennium Management LLC increased its holdings in Kosmos Energy by 34.9% in the second quarter. Millennium Management LLC now owns 2,342,239 shares of the oil and gas producer’s stock valued at $12,976,000 after buying an additional 606,195 shares in the last quarter. Finally, M&G PLC increased its holdings in Kosmos Energy by 20.0% in the third quarter. M&G PLC now owns 5,911,844 shares of the oil and gas producer’s stock valued at $23,647,000 after buying an additional 983,623 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on KOS shares. Sanford C. Bernstein dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th. Bank of America dropped their target price 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. Mizuho started coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 target price for the company. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Finally, Benchmark dropped their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.75.

Kosmos Energy Stock Up 0.9 %

KOS stock opened at $3.94 on Friday. The stock has a market capitalization of $1.86 billion, a P/E ratio of 8.95, a PEG ratio of 0.50 and a beta of 2.42. 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 $3.49 and a one year high of $7.07. The company has a 50 day moving average price of $4.04 and a two-hundred day moving average price of $4.83.

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.