Nisa Investment Advisors LLC increased its stake in shares of Talos Energy Inc. (NYSE:TALO – Free Report) by 182.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,884 shares of the company’s stock after buying an additional 7,026 shares during the period. Nisa Investment Advisors LLC’s holdings in Talos Energy were worth $106,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Virtus Investment Advisers Inc. bought a new stake in shares of Talos Energy during the third quarter worth approximately $31,000. US Bancorp DE boosted its stake in 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 purchasing an additional 1,827 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Talos Energy in the 3rd quarter valued at $75,000. FMR LLC increased its position in Talos Energy by 119.2% during the 3rd 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 period. Finally, Regent Peak Wealth Advisors LLC bought a new position in Talos Energy during the 3rd quarter worth $118,000. 89.35% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on TALO shares. Mizuho decreased their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. Benchmark reaffirmed a “buy” rating and set a $20.00 target price on shares of Talos Energy in a report on Tuesday, November 12th. KeyCorp cut their price target on Talos Energy from $21.00 to $16.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Citigroup increased their price target on Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, JPMorgan Chase & Co. began coverage on Talos Energy in a report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price objective for the company. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.94.
Talos Energy Trading Up 0.8 %
Shares of TALO stock opened at $10.01 on Friday. 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 fifty-two week low of $8.89 and a fifty-two week high of $14.67. The company has a market cap of $1.80 billion, a PE ratio of 18.53 and a beta of 1.91. The stock’s fifty day moving average price is $10.22 and its two-hundred day moving average price is $10.80.
Talos Energy (NYSE:TALO – Get Free Report) last released its quarterly earnings data on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The business had revenue of $509.29 million during the quarter, compared to analyst estimates of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business’s quarterly revenue was up 32.9% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Equities analysts predict that Talos Energy Inc. will post -0.35 EPS 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.
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