Graham Capital Wealth Management LLC Boosts Position in Kosmos Energy Ltd. (NYSE:KOS)

Graham Capital Wealth Management LLC lifted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 23.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 746,698 shares of the oil and gas producer’s stock after purchasing an additional 140,594 shares during the quarter. Kosmos Energy accounts for approximately 2.3% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Graham Capital Wealth Management LLC owned 0.16% of Kosmos Energy worth $2,554,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fruth Investment Management grew its stake in shares of Kosmos Energy by 10.2% during the 3rd quarter. Fruth Investment Management now owns 27,000 shares of the oil and gas producer’s stock worth $108,000 after purchasing an additional 2,500 shares during the period. nVerses Capital LLC grew its stake in shares of Kosmos Energy by 13.6% during the 3rd quarter. nVerses Capital LLC now owns 31,000 shares of the oil and gas producer’s stock worth $125,000 after purchasing an additional 3,700 shares during the period. Franklin Resources Inc. grew its stake in shares of Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock worth $531,000 after purchasing an additional 4,640 shares during the period. Avidian Wealth Enterprises LLC grew its stake in shares of Kosmos Energy by 42.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,424 shares of the oil and gas producer’s stock worth $66,000 after purchasing an additional 4,921 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Trading Down 2.3 %

Shares of KOS opened at $3.18 on Monday. Kosmos Energy Ltd. has a 52-week low of $2.62 and a 52-week high of $6.58. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The firm’s fifty day moving average is $3.49 and its two-hundred day moving average is $4.10. The stock has a market cap of $1.50 billion, a PE ratio of 7.22, a price-to-earnings-growth ratio of 4.67 and a beta of 2.41.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KOS. Benchmark dropped their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Mizuho dropped their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Sanford C. Bernstein dropped their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5.52.

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.