Victory Capital Management Inc. boosted its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,464,210 shares of the oil and gas producer’s stock after buying an additional 105,193 shares during the period. Victory Capital Management Inc. owned approximately 1.41% of Kosmos Energy worth $35,026,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. State Board of Administration of Florida Retirement System increased its stake in shares of Kosmos Energy by 16.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 323,418 shares of the oil and gas producer’s stock valued at $2,073,000 after buying an additional 45,874 shares during the last quarter. Comerica Bank increased its stake in shares of Kosmos Energy by 19.3% in the second quarter. Comerica Bank now owns 22,376 shares of the oil and gas producer’s stock valued at $140,000 after buying an additional 3,626 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Kosmos Energy by 11.5% in the second quarter. Bank of New York Mellon Corp now owns 900,731 shares of the oil and gas producer’s stock valued at $5,773,000 after buying an additional 93,177 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Kosmos Energy by 1.8% in the second quarter. SG Americas Securities LLC now owns 160,554 shares of the oil and gas producer’s stock valued at $1,029,000 after buying an additional 2,826 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its stake in shares of Kosmos Energy by 21.5% in the second quarter. State of Wisconsin Investment Board now owns 37,962 shares of the oil and gas producer’s stock valued at $243,000 after buying an additional 6,710 shares during the last quarter.

Kosmos Energy Ltd. (NYSE:KOS) opened at 6.89 on Thursday. The stock has a 50 day moving average of $6.58 and a 200 day moving average of $6.32. The firm’s market cap is $2.68 billion. Kosmos Energy Ltd. has a 12-month low of $4.39 and a 12-month high of $7.90.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings data on Monday, August 7th. The oil and gas producer reported ($0.02) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. Kosmos Energy had a negative return on equity of 8.60% and a negative net margin of 26.69%. The firm had revenue of $146.50 million for the quarter, compared to analysts’ expectations of $168.71 million. During the same period in the previous year, the firm earned ($0.11) EPS. The business’s quarterly revenue was up 220.6% on a year-over-year basis. On average, equities research analysts anticipate that Kosmos Energy Ltd. will post ($0.26) EPS for the current fiscal year.

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Several equities research analysts have commented on the stock. ValuEngine raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Macquarie assumed coverage on shares of Kosmos Energy in a research note on Monday, August 7th. They issued an “outperform” rating and a $10.00 target price for the company. BMO Capital Markets reaffirmed a “buy” rating and issued a $9.00 target price on shares of Kosmos Energy in a research note on Friday, August 4th. Jefferies Group LLC set a $8.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a research note on Saturday, July 22nd. Finally, Citigroup Inc. lowered their target price on shares of Kosmos Energy from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Kosmos Energy has an average rating of “Hold” and an average target price of $8.71.

About Kosmos Energy

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

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Institutional Ownership by Quarter for Kosmos Energy (NYSE:KOS)

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