Illinois Municipal Retirement Fund Sells 12,899 Shares of Talos Energy Inc. (NYSE:TALO)

Illinois Municipal Retirement Fund lowered its position in Talos Energy Inc. (NYSE:TALO) by 15.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,873 shares of the company’s stock after selling 12,899 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Talos Energy were worth $708,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Philosophy Capital Management LLC increased its stake in Talos Energy by 37.8% in the 3rd quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company’s stock worth $31,728,000 after acquiring an additional 841,414 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Talos Energy by 1.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,817,719 shares of the company’s stock worth $18,813,000 after purchasing an additional 33,985 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Talos Energy by 39.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company’s stock worth $16,245,000 after purchasing an additional 442,620 shares in the last quarter. Barclays PLC increased its position in shares of Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock worth $12,149,000 after purchasing an additional 210,687 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC raised its stake in Talos Energy by 28.3% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,129,757 shares of the company’s stock valued at $11,693,000 after purchasing an additional 249,412 shares in the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Talos Energy Stock Down 7.0 %

TALO opened at $8.37 on Tuesday. Talos Energy Inc. has a 12 month low of $8.29 and a 12 month high of $14.67. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The business’s 50-day moving average price is $9.75 and its 200-day moving average price is $10.47. The company has a market cap of $1.51 billion, a P/E ratio of 15.50 and a beta of 1.89.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. initiated coverage on shares of Talos Energy in a research note on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price target for the company. Stephens cut their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Mizuho lowered their price target on Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Citigroup lifted their price target on Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Finally, Benchmark reiterated a “buy” rating and set a $20.00 price objective on shares of Talos Energy in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $15.83.

Talos Energy Company Profile

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.