Kosmos Energy's (KOS) Hold Rating Reiterated at Benchmark

Benchmark reiterated their hold rating on shares of Kosmos Energy (NYSE:KOS - Free Report) in a report released on Thursday,Benzinga reports.

Other analysts also recently issued reports about the stock. Mizuho decreased their target price on shares of Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen raised shares of Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Finally, The Goldman Sachs Group decreased their price objective on shares of Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a report on Monday, May 19th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $4.93.

Kosmos Energy Stock Down 3.0%

KOS traded down $0.06 on Thursday, reaching $1.76. 6,747,079 shares of the company traded hands, compared to its average volume of 8,696,619. The stock's 50 day moving average price is $1.73 and its 200-day moving average price is $2.66. Kosmos Energy has a 52-week low of $1.39 and a 52-week high of $5.97. The company has a market cap of $838.91 million, a price-to-earnings ratio of 3.99, a PEG ratio of 5.24 and a beta of 1.46. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Kosmos Energy (NYSE:KOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The oil and gas producer reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.07). The business had revenue of $290.43 million during the quarter, compared to the consensus estimate of $338.23 million. Kosmos Energy had a return on equity of 31.08% and a net margin of 12.21%. On average, sell-side analysts expect that Kosmos Energy will post 0.42 EPS for the current fiscal year.

Hedge Funds Weigh In On Kosmos Energy

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Kosmos Energy by 103.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,272,525 shares of the oil and gas producer's stock worth $4,352,000 after acquiring an additional 647,921 shares during the last quarter. American Century Companies Inc. raised its position in shares of Kosmos Energy by 11.3% in the 4th quarter. American Century Companies Inc. now owns 29,556,382 shares of the oil and gas producer's stock valued at $101,083,000 after acquiring an additional 2,997,438 shares during the period. Barclays PLC raised its holdings in Kosmos Energy by 85.0% during the 4th quarter. Barclays PLC now owns 5,611,213 shares of the oil and gas producer's stock worth $19,190,000 after buying an additional 2,578,431 shares during the period. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer's stock worth $39,063,000 after buying an additional 3,218,394 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Kosmos Energy by 23.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,097,622 shares of the oil and gas producer's stock valued at $7,174,000 after purchasing an additional 395,283 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

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.