Kosmos Energy Ltd. (NYSE:KOS).
Genesis Asset Managers, Llp reports that it increased its position in Kosmos Energy Ltd. by 2,991,253 shares in the quarter ending 06/30/2017. Its stake stood at $77,806,000 an increase of $16,887,000 according to the filing.
Here are a few other firms who have updated their positions. As of quarter end Bank Of Montreal /can/ had bought 36,198 shares growing its holdings by 2,780.2%. The value of the investment in Kosmos Energy Ltd. went from $9,000 to $240,000 a change of $231,000 quarter over quarter. As of the end of the quarter Tower Research Capital LLC (trc) had acquired a total of 2,574 shares growing its stake by 76.4%. The value of the total investment in Kosmos Energy Ltd. increased from $24,000 to $40,000 increasing 66.7% since the last quarter.
As of quarter end Goldman Sachs Group Inc had bought a total of 8,554 shares growing its position 7.9%. The value of the company’s investment in Kosmos Energy Ltd. went from $760,000 to $779,000 a change of 2.5% for the reporting period.
On June 20, 2017 Johnson Rice starting coverage on the stock with an initial rating of “Buy”. On August 31, 2016 the stock rating was changed to a “Outperform” by RBC Capital which is up from the previous “Sector Perform” rating.
On May 11 the company was upgraded to “Strong Buy” from “Outperform” in an announcement from Raymond James. On March 29 Deutsche Bank left the stock rating at “Buy” and moved down the price target from $15.00 to $12.00.
February 23 investment analysts at Credit Suisse made no change to the stock rating of “Outperform” and raised the price target to $10.00 from $9.00. On January 11 the stock rating was upgraded from “Market Perform” to “Outperform” in a statement from Raymond James.
The company is so far trading up since yesterday’s close of $6.34. It is trading at $6.38 just below the 50 day moving average of $6.44 and which is just over the 200 day moving average of $6.33. The 50 day moving average went down by -0.98% whereas the 200 day average was up by +0.83%.
In the latest earnings report the EPS was $-0.66 and is projected to be $-0.21 for the current year with 387,373,000 shares currently outstanding. Next quarter’s EPS is expected be $-0.04 and the next full year EPS is anticipated to be $-0.07.