New York State Common Retirement Fund boosted its stake in shares of Kosmos Energy Ltd. (NYSE:KOS) by 52.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 485,800 shares of the oil and gas producer’s stock after buying an additional 166,399 shares during the quarter. New York State Common Retirement Fund owned approximately 0.13% of Kosmos Energy worth $3,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Hotchkis & Wiley Capital Management LLC grew its position in Kosmos Energy by 3.2% during the second quarter. Hotchkis & Wiley Capital Management LLC now owns 32,868,521 shares of the oil and gas producer’s stock valued at $210,687,000 after buying an additional 1,010,626 shares during the period. Amalgamated Bank grew its position in Kosmos Energy by 53.6% during the second quarter. Amalgamated Bank now owns 34,624 shares of the oil and gas producer’s stock valued at $222,000 after buying an additional 12,087 shares during the period. BlackRock Inc. grew its position in Kosmos Energy by 5.2% during the second quarter. BlackRock Inc. now owns 16,060,043 shares of the oil and gas producer’s stock valued at $102,942,000 after buying an additional 787,145 shares during the period. Nationwide Fund Advisors grew its position in Kosmos Energy by 66.7% during the second quarter. Nationwide Fund Advisors now owns 109,183 shares of the oil and gas producer’s stock valued at $700,000 after buying an additional 43,696 shares during the period. Finally, TIAA CREF Investment Management LLC grew its position in Kosmos Energy by 112.3% during the second quarter. TIAA CREF Investment Management LLC now owns 615,052 shares of the oil and gas producer’s stock valued at $3,942,000 after buying an additional 325,281 shares during the period.

Kosmos Energy Ltd. (NYSE:KOS) opened at 7.51 on Friday. Kosmos Energy Ltd. has a 12 month low of $4.39 and a 12 month high of $8.21. The company’s market cap is $2.92 billion. The firm’s 50-day moving average is $7.58 and its 200-day moving average is $6.73.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, August 7th. The oil and gas producer reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. The business had revenue of $146.50 million during the quarter, compared to the consensus estimate of $168.71 million. Kosmos Energy had a negative return on equity of 8.60% and a negative net margin of 26.69%. The business’s quarterly revenue was up 220.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.11) EPS. On average, analysts anticipate that Kosmos Energy Ltd. will post ($0.25) EPS for the current fiscal year.

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Several equities analysts recently weighed in on KOS shares. BMO Capital Markets restated a “buy” rating and set a $9.00 price target on shares of Kosmos Energy in a research report on Wednesday, September 27th. Jefferies Group LLC set a $8.00 price target on shares of Kosmos Energy and gave the company a “buy” rating in a research report on Saturday, July 22nd. Citigroup Inc. reduced their price target on shares of Kosmos Energy from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, July 21st. TheStreet upgraded shares of Kosmos Energy from a “d+” rating to a “c-” rating in a research report on Friday, October 6th. Finally, Barclays PLC increased their price target on shares of Kosmos Energy from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $8.44.

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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