Shares of Kosmos Energy Ltd (KOS) boosted by Northern Trust Corp – BharataPress



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Northern Trust Corp. increased its stake in the shares of Kosmos Energy Ltd. (NYSE: KOS) by 1.9% in the first quarter, according to the company's latest communication with the Securities & Exchange Commission. The company held 1,151,357 shares of the oil and gas company after purchasing 21,393 additional shares during the period. Northern Trust Corp held approximately 0.29% of Kosmos Energy valued at $ 7,253,000 at the end of the last reporting period.

A number of other large investors have also recently bought and sold shares of KOS. Raymond James Financial Services Advisors Inc. increased its ownership interest in Kosmos Energy by 180.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now holds 67,509 shares of oil and gas producers valued at $ 462,000 after acquiring 43,474 additional shares during the period. HBK Investments L P bought a new position in Kosmos Energy's shares in the fourth quarter worth $ 201,000. Rhumbline Advisers increased its stake in Kosmos Energy shares by 9.0% in the first quarter. Rhumbline Advisers now holds 192,500 shares of the oil and gas producer valued at $ 1,213,000 after acquiring an additional 15,910 shares during the period. Virtu Financial LLC has bought a new position in the shares of Kosmos Energy in the fourth quarter worth $ 204,000. Finally, Two Sigma Investments LP bought a new position in Kosmos Energy shares in the fourth quarter worth $ 2,765,000. 97.78% of the stock is currently held by institutional investors.

A number of brokerages recently commented on KOS. Royal Bank of Canada has upgraded Kosmos Energy shares from "sector perform" to "outperform" and has set a target price of $ 10.00 on the stock in a research note on Thursday, July 5 . Jefferies Financial Group has raised Kosmos Energy shares from a "reserve" note to a "buy" note and raised their target price from $ 5.15 to $ 8.62 in a note from research on Monday, June 11th. ValuEngine raised Kosmos Energy shares from a "hold" rating to a "buy" note in a research note on Saturday, June 2nd. TheStreet upgraded Kosmos Energy's shares from a "d +" rating to a "c-" rating in a research note on Wednesday, May 16th. Finally, Barclays upgraded Kosmos Energy shares from an "equal weight" rating to an "overweight" rating and set a target price of $ 9.00 on the security in a research note on Thursday, May 17. . Two investment badysts attributed a rating to the stock and thirteen attributed a purchase note to the stock. The company has a consensual rating of "Buy" and an average target price of $ 9.24.

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KOS opened at $ 8.77 on Wednesday. The company has a market capitalization of $ 3.43 billion, a price / earnings ratio of -26.58 and a beta of 1.56. Kosmos Energy Ltd has a twelve-month low of $ 5.15 and a twelve-month high of $ 8.93. The company has a fast ratio of 1.03, a ratio of 1.25 and a debt ratio of 1.50.

Kosmos Energy (NYSE: KOS) last published its quarterly results on Monday, May 7th. The oil and gas producer reported earnings per share of $ 0.06 for the quarter, up $ 0.07 from Zacks' consensus estimate ($ 0.13). The activity generated a turnover of $ 127.18 million during the quarter, compared with $ 125.50 million for badysts. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. Company revenues declined 16.3% from one year to the next. During the same period last year, the company earned $ (0.11) EPS. Stock badysts predict that Kosmos Energy Ltd will post 0.08 earnings per share for the current year.

Kosmos Energy Profile

Kosmos Energy Ltd. explores and produces oil and gas in Africa and South America. Its portfolio of badets includes production projects and other development projects off Ghana and Equatorial Guinea; and the exploration potential off Mauritania and Senegal, as well as exploration licenses off Côte d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe and Suriname

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