Kosmos Energy Ltd. (NYSE:KOS) fell 4.9% during mid-day trading on Monday . The company traded as low as $5.22 and last traded at $5.28, with a volume of 840,594 shares trading hands. The stock had previously closed at $5.55.

A number of research firms have recently issued reports on KOS. Zacks Investment Research upgraded shares of Kosmos Energy from a “hold” rating to a “strong-buy” rating and set a $6.50 price target on the stock in a report on Tuesday, July 12th. 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 on the stock in a report on Wednesday, May 11th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Kosmos Energy in a report on Tuesday, May 10th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $7.58.

The stock has a 50 day moving average of $5.58 and a 200-day moving average of $5.33. The stock’s market capitalization is $2.06 billion.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, May 9th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.05. The firm had revenue of $62 million for the quarter, compared to the consensus estimate of $108.13 million. The firm’s revenue was down 53.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.21) EPS. On average, analysts anticipate that Kosmos Energy Ltd. will post ($0.34) earnings per share for the current year.

A number of hedge funds recently made changes to their positions in 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 valued at $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 valued at $2,180,000 after buying an additional 18,700 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 valued at $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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