Kosmos Energy Ltd. (NYSE:KOS) Shares Bought by Rafferty Asset Management LLC

Rafferty Asset Management LLC increased its holdings in Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 28.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 875,225 shares of the oil and gas producer's stock after buying an additional 193,558 shares during the quarter. Rafferty Asset Management LLC owned about 0.19% of Kosmos Energy worth $2,993,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of KOS. VSM Wealth Advisory LLC purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $34,000. Disciplined Investors L.L.C. purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $36,000. Sapient Capital LLC purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $37,000. Boothbay Fund Management LLC purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $45,000. Finally, Ballentine Partners LLC purchased a new stake in Kosmos Energy in the 4th quarter worth approximately $58,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

Kosmos Energy Trading Down 1.4%

Shares of NYSE:KOS opened at $1.73 on Tuesday. The business's 50 day moving average price is $1.88 and its 200-day moving average price is $2.84. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The firm has a market capitalization of $824.57 million, a price-to-earnings ratio of 3.92, a price-to-earnings-growth ratio of 5.24 and a beta of 1.46. Kosmos Energy Ltd. has a 1 year low of $1.39 and a 1 year high of $6.33.

Kosmos Energy (NYSE:KOS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The oil and gas producer reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.07). The firm had revenue of $290.43 million during the quarter, compared to analysts' expectations of $338.23 million. Kosmos Energy had a net margin of 12.21% and a return on equity of 31.08%. On average, equities research analysts forecast that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on KOS shares. Benchmark lowered Kosmos Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. The Goldman Sachs Group decreased their target price on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating on the stock in a research report on Monday. Mizuho decreased their target price on Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Finally, StockNews.com upgraded Kosmos Energy to a "sell" rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $4.93.

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.

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