Teacher Retirement System of Texas Has $326,000 Holdings in Kosmos Energy Ltd (KOS)

Teacher Retirement System of Texas lessened its position in shares of Kosmos Energy Ltd (NYSE:KOS) by 33.6% in the 1st quarter, HoldingsChannel reports. The fund owned 51,744 shares of the oil and gas producer’s stock after selling 26,205 shares during the period. Teacher Retirement System of Texas’ holdings in Kosmos Energy were worth $326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of Kosmos Energy by 14.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 947,554 shares of the oil and gas producer’s stock valued at $6,491,000 after buying an additional 118,411 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of Kosmos Energy by 2.2% in the 4th quarter. California Public Employees Retirement System now owns 475,026 shares of the oil and gas producer’s stock valued at $3,254,000 after buying an additional 10,076 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Kosmos Energy by 2.7% in the 4th quarter. Swiss National Bank now owns 397,800 shares of the oil and gas producer’s stock valued at $2,725,000 after buying an additional 10,400 shares in the last quarter. Capital Fund Management S.A. acquired a new position in shares of Kosmos Energy in the 4th quarter valued at $327,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Kosmos Energy by 180.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 67,509 shares of the oil and gas producer’s stock valued at $462,000 after buying an additional 43,474 shares in the last quarter. Institutional investors own 97.77% of the company’s stock.

Several brokerages have recently issued reports on KOS. Jefferies Financial Group upgraded shares of Kosmos Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $5.15 to $8.62 in a report on Monday, June 11th. ValuEngine upgraded shares of Kosmos Energy from a “hold” rating to a “buy” rating in a report on Saturday, June 2nd. TheStreet upgraded shares of Kosmos Energy from a “d+” rating to a “c-” rating in a research report on Wednesday, May 16th. Barclays upgraded shares of Kosmos Energy from an “equal weight” rating to an “overweight” rating and set a $9.00 price target for the company in a research report on Thursday, May 17th. Finally, Zacks Investment Research upgraded shares of Kosmos Energy from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research report on Wednesday, May 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $9.47.

KOS stock opened at $8.17 on Wednesday. Kosmos Energy Ltd has a 12 month low of $5.15 and a 12 month high of $8.62. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.03 and a current ratio of 1.25.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, May 7th. The oil and gas producer reported ($0.06) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.07. The company had revenue of $127.18 million during the quarter, compared to the consensus estimate of $125.50 million. Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. Kosmos Energy’s quarterly revenue was down 16.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.11) EPS. research analysts anticipate that Kosmos Energy Ltd will post 0.07 EPS for the current year.

Kosmos Energy Profile

Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.

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

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