61,003 Shares in Talos Energy Inc. (NYSE:TALO) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in Talos Energy Inc. (NYSE:TALO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 61,003 shares of the company’s stock, valued at approximately $592,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TALO. Virtus Investment Advisers Inc. acquired a new stake in shares of Talos Energy during the 3rd quarter worth approximately $31,000. US Bancorp DE lifted its stake in Talos Energy by 113.3% during the third quarter. US Bancorp DE now owns 3,440 shares of the company’s stock worth $36,000 after purchasing an additional 1,827 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Talos Energy in the 3rd quarter valued at $75,000. Nisa Investment Advisors LLC increased its stake in shares of Talos Energy by 182.1% in the 4th 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. Finally, FMR LLC increased its stake in shares of Talos Energy by 119.2% in the 3rd quarter. FMR LLC now owns 10,395 shares of the company’s stock valued at $108,000 after purchasing an additional 5,653 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Price Performance

TALO stock opened at $10.01 on Friday. The company has a market capitalization of $1.80 billion, a P/E ratio of 18.53 and a beta of 1.91. The company has a fifty day moving average price of $10.22 and a 200-day moving average price of $10.80. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. Talos Energy Inc. has a 52-week low of $8.89 and a 52-week high of $14.67.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The company had revenue of $509.29 million during the quarter, compared to analyst estimates of $504.44 million. During the same quarter in the previous year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up 32.9% on a year-over-year basis. As a group, equities analysts expect that Talos Energy Inc. will post -0.35 EPS for the current year.

Analyst Ratings Changes

TALO has been the subject of several recent analyst reports. Stephens reaffirmed an “overweight” rating and issued a $21.00 price objective on shares of Talos Energy in a research note on Thursday, January 16th. KeyCorp reduced their price target on shares of Talos Energy from $21.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. JPMorgan Chase & Co. began coverage on shares of Talos Energy in a report on Thursday, December 5th. They set a “neutral” rating and a $12.00 price target on the stock. Citigroup increased their price objective 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. Finally, Benchmark reaffirmed a “buy” rating and set a $20.00 target price on shares of Talos Energy in a research note on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Talos Energy currently has an average rating of “Moderate Buy” and an average target price of $15.94.

About Talos Energy

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.