Kosmos Energy Ltd. (NYSE:KOS)’s share price fell 3.2% during mid-day trading on Tuesday . The stock traded as low as $5.33 and last traded at $5.36, with a volume of 1,335,362 shares traded. The stock had previously closed at $5.54.

Several research firms have issued reports on KOS. Zacks Investment Research upgraded Kosmos Energy from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a research report on Wednesday, April 13th. Credit Suisse Group AG reiterated a “buy” rating on shares of Kosmos Energy in a research report on Tuesday, May 10th. Finally, 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 report on Wednesday, May 11th. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $7.58.

The company’s 50 day moving average price is $5.59 and its 200 day moving average price is $5.38. The company’s market cap is $2.08 billion.

Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.02. The business earned $45.68 million during the quarter, compared to the consensus estimate of $121.81 million. The business’s revenue was up 37397.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.20) EPS. On average, equities analysts forecast that Kosmos Energy Ltd. will post ($0.34) earnings per share for the current year.

A number of institutional investors have modified their holdings of the company. RS Investment Management Co. LLC boosted its position in shares of Kosmos Energy by 66,452.5% in the fourth quarter. RS Investment Management Co. LLC now owns 2,367,938 shares of the company’s stock worth $12,313,000 after buying an additional 2,364,380 shares in the last quarter. Dimensional Fund Advisors LP boosted 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 in the last quarter. California Public Employees Retirement System boosted 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 in the last quarter. Finally, California State Teachers Retirement System boosted 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 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.

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