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

Several research firms have commented on KOS. Zacks Investment Research lowered shares of Kosmos Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Raymond James Financial Inc. raised shares of Kosmos Energy from an “outperform” rating to a “strong-buy” rating and set a $7.00 price objective for the company in a research note on Wednesday, May 11th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Kosmos Energy in a research note on Tuesday, May 10th. Finally, Deutsche Bank AG lowered their target price on shares of Kosmos Energy from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, March 29th. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Kosmos Energy presently has a consensus rating of “Buy” and an average target price of $7.60.

The stock’s market capitalization is $2.17 billion. The firm’s 50 day moving average is $5.64 and its 200-day moving average is $5.25.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, May 9th. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.05. The firm earned $62 million during the quarter, compared to analyst estimates of $108.13 million. During the same period in the prior year, the company posted ($0.21) earnings per share. The firm’s revenue for the quarter was down 53.2% compared to the same quarter last year. Analysts anticipate that Kosmos Energy Ltd. will post ($0.33) EPS for the current fiscal year.

Several hedge funds recently modified their holdings of the company. California State Teachers Retirement System increased its stake 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 period. California Public Employees Retirement System increased its stake 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 period. Boston Partners increased its stake 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 period. Finally, Dimensional Fund Advisors LP increased its stake 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 period.

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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