Amundi Acquires 53,593 Shares of Talos Energy Inc. (NYSE:TALO)

Amundi boosted its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 209.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,232 shares of the company’s stock after purchasing an additional 53,593 shares during the period. Amundi’s holdings in Talos Energy were worth $790,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TALO. Inceptionr LLC lifted its holdings in shares of Talos Energy by 75.3% during the fourth quarter. Inceptionr LLC now owns 18,898 shares of the company’s stock valued at $184,000 after acquiring an additional 8,118 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Talos Energy by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company’s stock valued at $20,393,000 after purchasing an additional 101,280 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in Talos Energy by 4.1% during the 4th quarter. New York State Common Retirement Fund now owns 56,474 shares of the company’s stock valued at $548,000 after purchasing an additional 2,200 shares during the last quarter. Keating Investment Counselors Inc. boosted its position in Talos Energy by 5.1% in the fourth quarter. Keating Investment Counselors Inc. now owns 240,680 shares of the company’s stock valued at $2,337,000 after buying an additional 11,755 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in Talos Energy by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 603,337 shares of the company’s stock worth $5,858,000 after buying an additional 15,686 shares during the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Citigroup cut their target price on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. 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, March 13th. Mizuho decreased their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Finally, Stephens cut their price target on Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.56.

Talos Energy Trading Up 2.6 %

Shares of TALO opened at $9.14 on Thursday. The stock’s fifty day simple moving average is $9.47 and its 200-day simple moving average is $10.19. The firm has a market capitalization of $1.64 billion, a PE ratio of 16.92 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.

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.