Talos Energy Inc. (NYSE:TALO) Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its stake in shares of Talos Energy Inc. (NYSE:TALO) by 13.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 190,314 shares of the company’s stock after purchasing an additional 23,065 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.11% of Talos Energy worth $1,848,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TALO. Virtus Investment Advisers Inc. bought a new stake in shares of Talos Energy in the 3rd quarter worth $31,000. US Bancorp DE raised its holdings in shares of Talos Energy by 113.3% during 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 in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Talos Energy during the 3rd quarter valued at about $75,000. KBC Group NV grew its stake in Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after buying an additional 2,515 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in 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 buying an additional 7,026 shares during the last quarter. Institutional investors own 89.35% of the company’s stock.

Talos Energy Stock Performance

Shares of NYSE:TALO opened at $8.63 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 12-month low of $8.53 and a 12-month high of $14.67. The company’s 50 day moving average price is $9.77 and its two-hundred day moving average price is $10.53. The firm has a market cap of $1.55 billion, a PE ratio of 15.97 and a beta of 1.89.

Wall Street Analysts Forecast Growth

TALO has been the subject of a number of research reports. Benchmark reissued a “buy” rating and set a $20.00 price objective on shares of Talos Energy in a report on Tuesday, November 12th. Citigroup boosted their price target on shares of Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Mizuho cut 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 report on Monday, December 16th. Stephens lowered their target price on Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Talos Energy in a research report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price objective on the stock. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.83.

Talos Energy 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.