Thompson Siegel & Walmsley LLC Increases Position in Talos Energy Inc. (NYSE:TALO)

Thompson Siegel & Walmsley LLC lifted its position in Talos Energy Inc. (NYSE:TALO) by 19.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,346,678 shares of the company’s stock after acquiring an additional 216,921 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Talos Energy were worth $13,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Virtus Investment Advisers Inc. purchased a new position in Talos Energy during the 3rd quarter worth approximately $31,000. US Bancorp DE increased its stake in shares of Talos Energy by 113.3% in the third quarter. US Bancorp DE now owns 3,440 shares of the company’s stock worth $36,000 after acquiring an additional 1,827 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Talos Energy during the third quarter worth $75,000. KBC Group NV lifted its position in Talos Energy by 46.1% during the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after purchasing an additional 2,515 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in Talos Energy by 182.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after purchasing an additional 7,026 shares during the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Talos Energy Trading Down 1.5 %

Shares of NYSE:TALO opened at $8.22 on Friday. The business’s 50 day moving average price is $9.61 and its 200-day moving average price is $10.30. Talos Energy Inc. has a 1 year low of $8.05 and a 1 year high of $14.67. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 15.21 and a beta of 1.79. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TALO shares. JPMorgan Chase & Co. reduced their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday. Citigroup reduced their price target on Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. Mizuho lowered their price objective 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. Finally, 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 report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.56.

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.