American Century Companies Inc. Has $42.99 Million Stock Holdings in Talos Energy Inc. (NYSE:TALO)

American Century Companies Inc. increased its position in shares of Talos Energy Inc. (NYSE:TALO) by 14.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,427,546 shares of the company’s stock after buying an additional 575,096 shares during the quarter. American Century Companies Inc.’s holdings in Talos Energy were worth $42,991,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TALO. Virtus Investment Advisers Inc. bought a new stake in Talos Energy in the third quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Talos Energy in the 3rd quarter valued at $75,000. KBC Group NV boosted its holdings in Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock worth $77,000 after purchasing an additional 2,515 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Talos Energy by 182.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after buying an additional 7,026 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Talos Energy by 119.2% in the third quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after buying an additional 5,653 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Trading Up 0.4 %

Shares of TALO stock opened at $9.61 on Friday. The firm has a market capitalization of $1.73 billion, a P/E ratio of 17.79 and a beta of 1.79. Talos Energy Inc. has a 1 year low of $8.05 and a 1 year high of $14.67. The firm’s fifty day simple moving average is $9.32 and its 200 day simple moving average is $10.13. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

Analysts Set New Price Targets

A number of research analysts have recently commented on TALO shares. JPMorgan Chase & Co. lowered their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Stephens dropped their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Citigroup decreased their price objective on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Finally, Mizuho dropped their target price on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.56.

Talos Energy 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.