Kosmos Energy Ltd. (NYSE:KOS) Short Interest Update

Kosmos Energy Ltd. (NYSE:KOS) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 38,750,000 shares, a decline of 11.6% from the October 31st total of 43,820,000 shares. Based on an average trading volume of 7,700,000 shares, the days-to-cover ratio is presently 5.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KOS. Franklin Resources Inc. raised its stake in 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 acquiring an additional 4,640 shares in the last quarter. Synovus Financial Corp purchased a new position in shares of Kosmos Energy during the third quarter worth about $92,000. Toronto Dominion Bank increased its position in shares of Kosmos Energy by 28.0% during the third quarter. Toronto Dominion Bank now owns 517,381 shares of the oil and gas producer’s stock worth $2,085,000 after purchasing an additional 113,088 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kosmos Energy by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock valued at $42,650,000 after purchasing an additional 68,339 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of Kosmos Energy by 46.5% in the 3rd quarter. Barclays PLC now owns 3,032,782 shares of the oil and gas producer’s stock valued at $12,221,000 after purchasing an additional 962,057 shares during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Up 0.3 %

Shares of KOS stock traded up $0.01 on Tuesday, reaching $3.81. 4,549,474 shares of the stock were exchanged, compared to its average volume of 6,878,411. Kosmos Energy has a twelve month low of $3.49 and a twelve month high of $7.07. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 8.66, a PEG ratio of 0.49 and a beta of 2.41. The business’s 50 day moving average price is $4.02 and its 200 day moving average price is $4.78.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KOS shares. Mizuho assumed coverage on shares of Kosmos Energy in a research note on Thursday, September 19th. They set a “neutral” rating and a $5.00 target price on the stock. Sanford C. Bernstein reduced their price objective on 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 upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Monday, November 25th. Benchmark cut their price target on 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 decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Kosmos Energy has an average rating of “Hold” and an average target price of $5.75.

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.