Kosmos Energy Ltd. (NYSE:KOS)’s share price traded down 3.6% on Tuesday . The company traded as low as $5.58 and last traded at $5.59, with a volume of 355,021 shares. The stock had previously closed at $5.80.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Kosmos Energy from a “hold” rating to a “buy” rating and set a $6.50 target price on the stock in a research note on Thursday, April 7th. Raymond James Financial Inc. upgraded Kosmos Energy from an “outperform” rating to a “strong-buy” rating and set a $7.00 target price on the stock in a research note on Wednesday, May 11th. Deutsche Bank AG cut their target price on Kosmos Energy from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, March 29th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Kosmos Energy in a research note on Tuesday, May 10th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. Kosmos Energy currently has a consensus rating of “Buy” and an average target price of $7.60.

The stock’s 50 day moving average price is $5.65 and its 200 day moving average price is $5.25. The firm’s market cap is $2.15 billion.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings results on Monday, May 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.05. The company had revenue of $62 million for the quarter, compared to analyst estimates of $108.13 million. During the same quarter in the previous year, the company posted ($0.21) EPS. The company’s revenue for the quarter was down 53.2% compared to the same quarter last year. Equities analysts forecast that Kosmos Energy Ltd. will post ($0.33) earnings per share for the current fiscal year.

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

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