Shares of Kosmos Energy Ltd. (NYSE:KOS) traded up 5.3% during mid-day trading on Thursday . The stock traded as high as $5.61 and last traded at $5.59, with a volume of 699,200 shares. The stock had previously closed at $5.31.

Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of Kosmos Energy from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a report on Tuesday, July 12th. 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 report on Wednesday, May 11th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating on shares of Kosmos Energy in a report on Tuesday, May 10th. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Kosmos Energy presently has a consensus rating of “Buy” and an average target price of $7.58.

The stock’s 50-day moving average price is $5.57 and its 200 day moving average price is $5.38. The firm’s market capitalization is $2.19 billion.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.02. The business earned $45.68 million during the quarter, compared to analyst estimates of $121.81 million. During the same quarter last year, the business earned ($0.20) earnings per share. Kosmos Energy’s revenue for the quarter was up 37397.7% on a year-over-year basis. On average, equities analysts forecast that Kosmos Energy Ltd. will post ($0.31) earnings per share for the current year.

Several hedge funds have bought and sold shares of the stock. RS Investment Management Co. LLC increased its stake in 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 during the period. Dimensional Fund Advisors LP increased its stake 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 worth $11,241,000 after buying an additional 221,617 shares during the period. Finally, California State Teachers Retirement System increased its stake 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 worth $1,568,000 after buying an additional 4,742 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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