Swiss National Bank Sells 21,400 Shares of Talos Energy Inc. (NYSE:TALO)

Swiss National Bank trimmed its stake in Talos Energy Inc. (NYSE:TALO) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 265,800 shares of the company’s stock after selling 21,400 shares during the quarter. Swiss National Bank owned approximately 0.15% of Talos Energy worth $2,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Amundi lifted its stake in Talos Energy by 209.0% in the fourth quarter. Amundi now owns 79,232 shares of the company’s stock valued at $790,000 after purchasing an additional 53,593 shares during the last quarter. Inceptionr LLC lifted its position in shares of Talos Energy by 75.3% during the 4th quarter. Inceptionr LLC now owns 18,898 shares of the company’s stock valued at $184,000 after buying an additional 8,118 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of 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 worth $20,393,000 after acquiring an additional 101,280 shares during the period. New York State Common Retirement Fund raised its stake in Talos Energy by 4.1% in the 4th quarter. New York State Common Retirement Fund now owns 56,474 shares of the company’s stock valued at $548,000 after acquiring an additional 2,200 shares during the period. Finally, Keating Investment Counselors Inc. lifted its holdings in Talos Energy by 5.1% during the fourth quarter. Keating Investment Counselors Inc. now owns 240,680 shares of the company’s stock valued at $2,337,000 after purchasing an additional 11,755 shares during the last quarter. 89.35% of the stock is owned by institutional investors.

Talos Energy Price Performance

Shares of NYSE TALO opened at $9.61 on Friday. The stock’s 50-day simple moving average is $9.32 and its two-hundred day simple moving average is $10.13. Talos Energy Inc. has a twelve month low of $8.05 and a twelve month high of $14.67. The firm has a market capitalization of $1.73 billion, a P/E ratio of 17.79 and a beta of 1.79. 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

Several analysts have recently issued reports on TALO shares. Citigroup lowered their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. JPMorgan Chase & Co. cut their price target on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Stephens decreased their price objective on Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Finally, Mizuho cut their target price on Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a research note on Monday, December 16th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.