Vaughan Nelson Investment Management L.P. Purchases 1,933,216 Shares of Kosmos Energy Ltd. (NYSE:KOS)

Vaughan Nelson Investment Management L.P. boosted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 7.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 28,245,415 shares of the oil and gas producer’s stock after acquiring an additional 1,933,216 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 0.06% of Kosmos Energy worth $113,828,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. raised its holdings in shares of Kosmos Energy by 17.2% during the second quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock valued at $137,470,000 after acquiring an additional 3,636,663 shares in the last quarter. Webs Creek Capital Management LP bought a new position in Kosmos Energy in the 1st quarter worth $17,396,000. Equinox Partners Investment Management LLC raised its holdings in Kosmos Energy by 29.4% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock worth $33,060,000 after purchasing an additional 1,863,966 shares in the last quarter. William Blair Investment Management LLC boosted its position in Kosmos Energy by 13.5% during the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock valued at $75,460,000 after acquiring an additional 1,624,495 shares in the last quarter. Finally, M&G Plc raised its position in shares of Kosmos Energy by 42.2% in the 2nd quarter. M&G Plc now owns 4,928,221 shares of the oil and gas producer’s stock worth $29,569,000 after acquiring an additional 1,461,552 shares in the last quarter. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Trading Down 5.4 %

Kosmos Energy stock opened at $3.89 on Friday. Kosmos Energy Ltd. has a one year low of $3.49 and a one year high of $7.20. The business’s fifty day moving average is $4.06 and its 200 day moving average is $4.95. The stock has a market capitalization of $1.84 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 0.27 and a beta of 2.42. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Analysts Set New Price Targets

KOS has been the topic of several research reports. Bank of America dropped their price target on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Sanford C. Bernstein reduced their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Mizuho assumed coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Benchmark lowered their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.60.

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.