Kosmos Energy Ltd. (NYSE:KOS) Holdings Decreased by Corsair Capital Management L.P.

Corsair Capital Management L.P. cut its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 33.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,813 shares of the oil and gas producer’s stock after selling 20,000 shares during the quarter. Corsair Capital Management L.P.’s holdings in Kosmos Energy were worth $160,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Bridgewater Associates LP grew its position in shares of Kosmos Energy by 149.7% during the 3rd quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock valued at $13,220,000 after buying an additional 1,966,437 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Kosmos Energy by 7.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,121,694 shares of the oil and gas producer’s stock valued at $24,670,000 after acquiring an additional 430,053 shares during the period. Intech Investment Management LLC bought a new position in shares of Kosmos Energy during the third quarter valued at approximately $544,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Kosmos Energy by 9.6% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,585,787 shares of the oil and gas producer’s stock worth $14,451,000 after purchasing an additional 314,293 shares during the period. Finally, Moors & Cabot Inc. lifted its holdings in shares of Kosmos Energy by 3.5% in the 3rd quarter. Moors & Cabot Inc. now owns 375,700 shares of the oil and gas producer’s stock worth $1,514,000 after purchasing an additional 12,700 shares during the last quarter. 95.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KOS has been the topic of several analyst reports. Bank of America dropped their target price 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. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Monday. Benchmark reduced their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Sanford C. Bernstein lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a report on Tuesday, November 5th. Finally, Mizuho assumed coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a “neutral” rating and a $5.00 price objective for the company. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $5.75.

Kosmos Energy Price Performance

NYSE:KOS opened at $3.86 on Wednesday. Kosmos Energy Ltd. has a 52-week low of $3.49 and a 52-week high of $7.07. 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 has a market cap of $1.82 billion, a P/E ratio of 8.72, a PEG ratio of 0.51 and a beta of 2.42. The business’s 50-day moving average price is $4.05 and its 200 day moving average price is $4.84.

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.