Talos Energy Inc. (NYSE:TALO) Stock Position Cut by Arizona State Retirement System

Arizona State Retirement System decreased its stake in shares of Talos Energy Inc. (NYSE:TALO) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,213 shares of the company’s stock after selling 3,154 shares during the period. Arizona State Retirement System’s holdings in Talos Energy were worth $381,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Philosophy Capital Management LLC lifted its holdings in shares of Talos Energy by 37.8% in the third quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company’s stock valued at $31,728,000 after buying an additional 841,414 shares during the period. Charles Schwab Investment Management Inc. raised its position in Talos Energy by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company’s stock worth $20,393,000 after acquiring an additional 101,280 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Talos Energy by 1.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,817,719 shares of the company’s stock valued at $18,813,000 after acquiring an additional 33,985 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Talos Energy by 39.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company’s stock valued at $16,245,000 after purchasing an additional 442,620 shares in the last quarter. Finally, Barclays PLC boosted its position in shares of Talos Energy by 21.9% during the 3rd quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock valued at $12,149,000 after purchasing an additional 210,687 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors.

Talos Energy Stock Up 4.4 %

TALO stock opened at $8.58 on Friday. The company has a 50 day moving average of $9.54 and a two-hundred day moving average of $10.25. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 15.88 and a beta of 1.79. Talos Energy Inc. has a 12-month low of $8.05 and a 12-month high of $14.67. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47.

Analysts Set New Price Targets

TALO has been the topic of a number of research reports. Stephens dropped their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. JPMorgan Chase & Co. cut their price objective on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday. Citigroup decreased their target price on Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Finally, Mizuho reduced their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.56.

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.