Charles Schwab Investment Management Inc. Boosts Stock Position in Kosmos Energy Ltd. $KOS

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Kosmos Energy Ltd. by 11.7%, now holding 7,784,911 shares valued at approximately $17.75 million.
• A significant portion of Kosmos Energy's stock, approximately 95.33%, is owned by institutional investors and hedge funds, indicating strong institutional interest in the company.
• Analysts have mixed opinions on Kosmos Energy, with price targets varying from $3.00 to $4.93, and current ratings including "Moderate Buy" and "Sell."

Charles Schwab Investment Management Inc. grew its position in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 11.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,784,911 shares of the oil and gas producer's stock after buying an additional 815,582 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.63% of Kosmos Energy worth $17,750,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of KOS. Boothbay Fund Management LLC bought a new stake in Kosmos Energy in the fourth quarter worth about $45,000. Inscription Capital LLC purchased a new stake in shares of Kosmos Energy in the 1st quarter valued at about $46,000. Sapient Capital LLC grew its stake in Kosmos Energy by 125.4% in the 1st quarter. Sapient Capital LLC now owns 24,161 shares of the oil and gas producer's stock worth $55,000 after buying an additional 13,441 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in Kosmos Energy during the first quarter valued at about $63,000. Finally, Signaturefd LLC lifted its position in Kosmos Energy by 200.6% in the 1st quarter. Signaturefd LLC now owns 27,581 shares of the oil and gas producer's stock worth $63,000 after buying an additional 18,405 shares during the last quarter. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Trading Up 1.6%

Shares of NYSE:KOS traded up $0.03 on Monday, hitting $1.87. The company had a trading volume of 13,243,084 shares, compared to its average volume of 9,911,071. Kosmos Energy Ltd. has a 1 year low of $1.3850 and a 1 year high of $5.08. The company has a quick ratio of 0.25, a current ratio of 0.45 and a debt-to-equity ratio of 2.56. The firm's 50-day simple moving average is $1.97 and its two-hundred day simple moving average is $2.05. The firm has a market capitalization of $894.33 million, a price-to-earnings ratio of -5.67 and a beta of 1.49.

Kosmos Energy (NYSE:KOS - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The oil and gas producer reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.13). Kosmos Energy had a negative return on equity of 14.16% and a negative net margin of 10.74%.The company had revenue of $393.52 million during the quarter, compared to analysts' expectations of $444.26 million. Equities analysts anticipate that Kosmos Energy Ltd. will post 0.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on KOS shares. Mizuho cut their price target on shares of Kosmos Energy from $4.00 to $3.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen upgraded Kosmos Energy to a "sell" rating in a report on Friday, May 16th. Benchmark reaffirmed a "hold" rating on shares of Kosmos Energy in a research note on Thursday, June 5th. Finally, The Goldman Sachs Group lowered their price objective on Kosmos Energy from $3.50 to $3.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $4.93.

Insiders Place Their Bets

In other Kosmos Energy news, Director John Douglas Kelso Grant sold 27,923 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $1.81, for a total value of $50,540.63. Following the completion of the transaction, the director owned 29,921 shares in the company, valued at approximately $54,157.01. This represents a 48.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.02% of the stock is currently owned by insiders.

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.