Charles Schwab Investment Management Inc. Boosts Stake in Kosmos Energy Ltd. (NYSE:KOS)

Charles Schwab Investment Management Inc. grew its stake in shares of Kosmos Energy Ltd. (NYSE:KOS - Free Report) by 7.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,121,694 shares of the oil and gas producer's stock after buying an additional 430,053 shares during the period. Charles Schwab Investment Management Inc. owned 1.30% of Kosmos Energy worth $24,670,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC bought a new stake in shares of Kosmos Energy during the 2nd quarter valued at about $26,000. CWM LLC grew its stake in Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock worth $36,000 after buying an additional 2,969 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Kosmos Energy by 39,777.8% in the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer's stock worth $43,000 after buying an additional 10,740 shares during the last quarter. InTrack Investment Management Inc purchased a new stake in shares of Kosmos Energy during the 3rd quarter valued at $44,000. Finally, Naviter Wealth LLC bought a new stake in shares of Kosmos Energy during the 3rd quarter worth $48,000. 95.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on KOS shares. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday. Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a "neutral" rating and a $5.00 price target on the stock. Sanford C. Bernstein lowered their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a report on Tuesday, November 5th. Benchmark reduced their target price on shares of 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 lowered their price target on shares of 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 equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Kosmos Energy has a consensus rating of "Hold" and an average price target of $5.75.

Kosmos Energy Trading Down 2.3 %

Shares of Kosmos Energy stock traded down $0.08 during trading on Friday, reaching $3.46. 7,699,973 shares of the stock were exchanged, compared to its average volume of 6,882,661. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.49 and a beta of 2.41. Kosmos Energy Ltd. has a 1 year low of $3.39 and a 1 year high of $7.07. The stock's fifty day moving average is $4.00 and its 200 day moving average is $4.75. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25.

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.