Bridgewater Associates LP Boosts Holdings in Kosmos Energy Ltd. (NYSE:KOS)

Bridgewater Associates LP raised its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 149.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,280,302 shares of the oil and gas producer’s stock after buying an additional 1,966,437 shares during the quarter. Bridgewater Associates LP owned about 0.70% of Kosmos Energy worth $13,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. American Century Companies Inc. grew its stake in 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. Vaughan Nelson Investment Management L.P. grew its position in shares of Kosmos Energy by 7.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after purchasing an additional 1,933,216 shares in the last quarter. Equinox Partners Investment Management LLC increased its holdings in shares of Kosmos Energy by 29.4% in the third 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 during the last quarter. William Blair Investment Management LLC lifted its position in shares of Kosmos Energy by 13.5% in the second quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after buying an additional 1,624,495 shares in the last quarter. Finally, M&G Plc boosted its stake in Kosmos Energy by 42.2% during the second quarter. M&G Plc now owns 4,928,221 shares of the oil and gas producer’s stock valued at $29,569,000 after buying an additional 1,461,552 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Kosmos Energy Trading Up 1.8 %

Shares of KOS opened at $3.90 on Friday. The company’s fifty day simple moving average is $4.04 and its 200-day simple moving average is $4.84. The company has a market cap of $1.84 billion, a P/E ratio of 8.86, a P/E/G ratio of 0.51 and a beta of 2.42. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy Ltd. has a twelve month low of $3.49 and a twelve month high of $7.07.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Monday. Sanford C. Bernstein decreased 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. Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective for the company. Benchmark reduced their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Bank of America lowered their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.75.

Kosmos Energy 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.