Shares of Kosmos Energy Ltd. (NYSE:KOS) were down 4.6% during trading on Wednesday . The stock traded as low as $5.82 and last traded at $5.86, with a volume of 576,393 shares changing hands. The stock had previously closed at $6.14.

Several research firms recently weighed in on KOS. Raymond James Financial Inc. upgraded shares of Kosmos Energy from an “outperform” rating to a “strong-buy” rating and set a $7.00 price target for the company in a research report on Wednesday, May 11th. Deutsche Bank AG reduced their price target on shares of Kosmos Energy from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 29th. Zacks Investment Research lowered shares of Kosmos Energy from a “buy” rating to a “hold” rating and set a $6.75 price target for the company. in a research report on Tuesday, March 22nd. BMO Capital Markets increased their price target on shares of Kosmos Energy from $6.00 to $8.00 in a research report on Wednesday, March 16th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Kosmos Energy in a research report on Tuesday, May 10th. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.60.

The stock’s market capitalization is $2.29 billion. The company’s 50-day moving average price is $5.59 and its 200-day moving average price is $5.23.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, May 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.05. The company earned $62 million during the quarter, compared to analysts’ expectations of $108.13 million. During the same period in the prior year, the firm earned ($0.21) EPS. Kosmos Energy’s revenue for the quarter was down 53.2% compared to the same quarter last year. Equities research analysts predict that Kosmos Energy Ltd. will post ($0.41) EPS for the current fiscal year.

Several institutional investors recently bought and sold shares of KOS. Boston Partners raised its position in Kosmos Energy by 7.9% in the fourth quarter. Boston Partners now owns 6,420,843 shares of the company’s stock valued at $33,388,000 after buying an additional 472,078 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Kosmos Energy by 11.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,161,911 shares of the company’s stock valued at $11,241,000 after buying an additional 221,617 shares in the last quarter. California Public Employees Retirement System raised its position in Kosmos Energy by 4.7% in the fourth quarter. California Public Employees Retirement System now owns 419,300 shares of the company’s stock valued at $2,180,000 after buying an additional 18,700 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in Kosmos Energy by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 301,461 shares of the company’s stock valued at $1,568,000 after buying an additional 4,742 shares in the last quarter.

Kosmos Energy Ltd. (Kosmos) is a holding company. The Company is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The Company operates in the exploration and production of oil and natural gas segment. The Company’s assets include existing production and development projects offshore Ghana, large discoveries offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Portugal, Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.