Swiss National Bank grew its position in Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 0.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 928,000 shares of the oil and gas producer’s stock after purchasing an additional 7,500 shares during the period. Swiss National Bank’s holdings in Kosmos Energy were worth $3,174,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC raised its holdings in Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer’s stock worth $85,202,000 after purchasing an additional 1,588,990 shares during the last quarter. Equinox Partners Investment Management LLC grew its position in shares of Kosmos Energy by 39.2% during the 4th quarter. Equinox Partners Investment Management LLC now owns 11,421,895 shares of the oil and gas producer’s stock worth $39,063,000 after buying an additional 3,218,394 shares during the period. Geode Capital Management LLC raised its stake in shares of Kosmos Energy by 0.7% during the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer’s stock worth $42,650,000 after buying an additional 68,339 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Kosmos Energy by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,969,329 shares of the oil and gas producer’s stock valued at $23,835,000 after buying an additional 847,635 shares during the period. Finally, Bridgewater Associates LP boosted its stake in Kosmos Energy by 149.7% in the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock valued at $13,220,000 after acquiring an additional 1,966,437 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.
Kosmos Energy Stock Up 3.3 %
NYSE:KOS opened at $2.35 on Thursday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 5.33, a PEG ratio of 5.24 and a beta of 2.31. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. The stock has a 50-day moving average price of $2.87 and a two-hundred day moving average price of $3.49. Kosmos Energy Ltd. has a 1 year low of $2.07 and a 1 year high of $6.58.
Insider Buying and Selling
In related news, CAO Ronald W. Glass sold 10,354 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the sale, the chief accounting officer now owns 299,498 shares of the company’s stock, valued at approximately $934,433.76. This trade represents a 3.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew G. Inglis sold 138,689 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $432,709.68. Following the transaction, the chief executive officer now directly owns 3,959,000 shares of the company’s stock, valued at approximately $12,352,080. This trade represents a 3.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 503,970 shares of company stock worth $1,572,386 over the last ninety days. Company insiders own 2.02% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on KOS shares. Mizuho dropped their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark cut Kosmos Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Kosmos Energy currently has an average rating of “Hold” and a consensus price target of $5.52.
Get Our Latest Report on Kosmos Energy
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.
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