Kosmos Energy Ltd. (KOS) Position Raised by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC boosted its position in shares of Kosmos Energy Ltd. (NYSE:KOS) by 112.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 615,052 shares of the oil and gas producer’s stock after purchasing an additional 325,281 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.16% of Kosmos Energy worth $3,942,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Amalgamated Bank grew its holdings in Kosmos Energy by 3.3% during the 1st quarter. Amalgamated Bank now owns 22,537 shares of the oil and gas producer’s stock valued at $150,000 after purchasing an additional 720 shares in the last quarter. Comerica Bank grew its holdings in Kosmos Energy by 16.8% during the 1st quarter. Comerica Bank now owns 18,750 shares of the oil and gas producer’s stock valued at $113,000 after purchasing an additional 2,701 shares in the last quarter. SG Americas Securities LLC grew its holdings in Kosmos Energy by 1.8% during the 2nd quarter. SG Americas Securities LLC now owns 160,554 shares of the oil and gas producer’s stock valued at $1,029,000 after purchasing an additional 2,826 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in Kosmos Energy by 24.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 19,167 shares of the oil and gas producer’s stock valued at $123,000 after purchasing an additional 3,778 shares in the last quarter. Finally, Utah Retirement Systems grew its holdings in Kosmos Energy by 22.1% during the 2nd quarter. Utah Retirement Systems now owns 34,845 shares of the oil and gas producer’s stock valued at $224,000 after purchasing an additional 6,300 shares in the last quarter.

A number of research firms recently weighed in on KOS. Bank of America Corporation began coverage on shares of Kosmos Energy in a report on Friday, September 29th. They set a “neutral” rating and a $9.00 price target for the company. BMO Capital Markets reaffirmed a “buy” rating and set a $9.00 price target on shares of Kosmos Energy in a report on Wednesday, September 27th. Jefferies Group LLC lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Zacks Investment Research raised shares of Kosmos Energy from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 20th. Finally, TheStreet raised shares of Kosmos Energy from a “d+” rating to a “c-” rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. Kosmos Energy has a consensus rating of “Hold” and an average target price of $8.44.

Kosmos Energy Ltd. (NYSE:KOS) opened at 7.51 on Friday. The firm’s 50-day moving average is $7.58 and its 200 day moving average is $6.73. The firm’s market capitalization is $2.92 billion. Kosmos Energy Ltd. has a one year low of $4.39 and a one year high of $8.21.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, August 7th. The oil and gas producer reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Kosmos Energy had a negative net margin of 26.69% and a negative return on equity of 8.60%. The business had revenue of $146.50 million for the quarter, compared to analyst estimates of $168.71 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. Kosmos Energy’s revenue was up 220.6% compared to the same quarter last year. Analysts forecast that Kosmos Energy Ltd. will post ($0.25) EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Kosmos Energy Ltd. (KOS) Position Raised by TIAA CREF Investment Management LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Amalgamated Bank grew its holdings in Kosmos Energy by 3.3% during the 1st quarter. Amalgamated Bank now owns 22,537 shares of the oil and gas producer’s stock valued at $150,000 after purchasing an additional 720 shares in the last quarter. Comerica Bank grew its holdings in Kosmos Energy by 16.8% during the 1st quarter. Comerica Bank now owns 18,750 shares of the oil and gas producer’s stock valued at $113,000 after purchasing an additional 2,701 shares in the last quarter. SG Americas Securities LLC grew its holdings in Kosmos Energy by 1.8% during the 2nd quarter. SG Americas Securities LLC now owns 160,554 shares of the oil and gas producer’s stock valued at $1,029,000 after purchasing an additional 2,826 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in Kosmos Energy by 24.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 19,167 shares of the oil and gas producer’s stock valued at $123,000 after purchasing an additional 3,778 shares in the last quarter. Finally, Utah Retirement Systems grew its holdings in Kosmos Energy by 22.1% during the 2nd quarter. Utah Retirement Systems now owns 34,845 shares of the oil and gas producer’s stock valued at $224,000 after purchasing an additional 6,300 shares in the last quarter.

A number of research firms recently weighed in on KOS. Bank of America Corporation began coverage on shares of Kosmos Energy in a report on Friday, September 29th. They set a “neutral” rating and a $9.00 price target for the company. BMO Capital Markets reaffirmed a “buy” rating and set a $9.00 price target on shares of Kosmos Energy in a report on Wednesday, September 27th. Jefferies Group LLC lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Zacks Investment Research raised shares of Kosmos Energy from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 20th. Finally, TheStreet raised shares of Kosmos Energy from a “d+” rating to a “c-” rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. Kosmos Energy has a consensus rating of “Hold” and an average target price of $8.44.

Kosmos Energy Ltd. (NYSE:KOS) opened at 7.51 on Friday. The firm’s 50-day moving average is $7.58 and its 200 day moving average is $6.73. The firm’s market capitalization is $2.92 billion. Kosmos Energy Ltd. has a one year low of $4.39 and a one year high of $8.21.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, August 7th. The oil and gas producer reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Kosmos Energy had a negative net margin of 26.69% and a negative return on equity of 8.60%. The business had revenue of $146.50 million for the quarter, compared to analyst estimates of $168.71 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. Kosmos Energy’s revenue was up 220.6% compared to the same quarter last year. Analysts forecast that Kosmos Energy Ltd. will post ($0.25) EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Kosmos Energy Ltd. (KOS) Position Raised by TIAA CREF Investment Management LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2017/10/22/kosmos-energy-ltd-kos-position-raised-by-tiaa-cref-investment-management-llc.html.

Kosmos Energy Profile

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Want to see what other hedge funds are holding KOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kosmos Energy Ltd. (NYSE:KOS).

Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

Receive News & Ratings for Kosmos Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply