Stifel Financial Corp Purchases 31,010 Shares of Talos Energy Inc. (NYSE:TALO)

Stifel Financial Corp increased its position in shares of Talos Energy Inc. (NYSE:TALO) by 40.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,438 shares of the company’s stock after buying an additional 31,010 shares during the period. Stifel Financial Corp owned 0.06% of Talos Energy worth $1,112,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of TALO. Signaturefd LLC lifted its stake in Talos Energy by 51.9% in the second quarter. Signaturefd LLC now owns 2,685 shares of the company’s stock valued at $33,000 after buying an additional 917 shares during the period. US Bancorp DE increased its stake in shares of Talos Energy by 113.3% in the 3rd quarter. US Bancorp DE now owns 3,440 shares of the company’s stock valued at $36,000 after acquiring an additional 1,827 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Talos Energy by 91.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company’s stock valued at $57,000 after acquiring an additional 2,235 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Talos Energy during the 3rd quarter valued at $75,000. Finally, FMR LLC boosted its stake in Talos Energy by 119.2% during the third quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after acquiring an additional 5,653 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TALO. Citigroup lifted their price target on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research note on Thursday, November 14th. Mizuho decreased their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a research report on Monday, December 16th. Benchmark reiterated a “buy” rating and issued a $20.00 price target on shares of Talos Energy in a report on Tuesday, November 12th. BMO Capital Markets decreased their price objective on Talos Energy from $14.00 to $13.00 and set a “market perform” rating for the company in a report on Friday, October 4th. Finally, KeyCorp lowered their target price on Talos Energy from $21.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.28.

Insider Buying and Selling at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital acquired 250,000 shares of the business’s stock in a transaction on Wednesday, September 25th. The shares were acquired at an average price of $10.52 per share, with a total value of $2,630,000.00. Following the completion of the transaction, the insider now owns 43,108,904 shares in the company, valued at approximately $453,505,670.08. This trade represents a 0.58 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.77% of the company’s stock.

Talos Energy Trading Down 0.7 %

Shares of Talos Energy stock opened at $9.10 on Monday. The company has a market capitalization of $1.64 billion, a P/E ratio of 16.85 and a beta of 1.92. The stock has a fifty day simple moving average of $10.59 and a 200 day simple moving average of $11.05. Talos Energy Inc. has a 12-month low of $8.98 and a 12-month high of $14.77. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). Talos Energy had a negative return on equity of 1.98% and a net margin of 3.95%. The firm had revenue of $509.29 million for the quarter, compared to analysts’ expectations of $504.44 million. During the same period in the prior year, the firm earned $0.14 earnings per share. Talos Energy’s revenue was up 32.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Talos Energy Inc. will post -0.35 earnings per share for the current fiscal year.

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.