Invesco Senior Secured Management Inc. ADV Has $22.42 Million Stock Holdings in Talos Energy Inc. (NYSE:TALO)

Invesco Senior Secured Management Inc. ADV decreased its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 14.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,308,585 shares of the company’s stock after selling 400,595 shares during the period. Talos Energy accounts for about 21.5% of Invesco Senior Secured Management Inc. ADV’s portfolio, making the stock its 3rd biggest position. Invesco Senior Secured Management Inc. ADV’s holdings in Talos Energy were worth $22,416,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. American Century Companies Inc. raised its position in shares of Talos Energy by 14.9% in the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company’s stock valued at $42,991,000 after acquiring an additional 575,096 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Talos Energy by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company’s stock valued at $20,393,000 after purchasing an additional 101,280 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its stake in Talos Energy by 19.2% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,346,678 shares of the company’s stock worth $13,076,000 after purchasing an additional 216,921 shares in the last quarter. Barclays PLC raised its holdings in Talos Energy by 21.9% during the 3rd quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock worth $12,149,000 after buying an additional 210,687 shares during the period. Finally, Invesco Ltd. lifted its stake in Talos Energy by 2.7% in the fourth quarter. Invesco Ltd. now owns 1,121,556 shares of the company’s stock valued at $10,890,000 after buying an additional 29,708 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Trading Down 15.4 %

Shares of NYSE:TALO opened at $6.94 on Monday. Talos Energy Inc. has a 12-month low of $6.91 and a 12-month high of $14.67. The business has a 50 day moving average of $9.12 and a 200-day moving average of $10.02. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1.25 billion, a PE ratio of 12.84 and a beta of 1.33.

Analyst Ratings Changes

TALO has been the subject of several research reports. Mizuho lowered their price objective on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. decreased their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Citigroup decreased their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. Finally, Stephens decreased their price objective 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. Two investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.