New York State Teachers Retirement System Increases Stock Position in Talos Energy Inc. (NYSE:TALO)

New York State Teachers Retirement System boosted its stake in Talos Energy Inc. (NYSE:TALO) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,647 shares of the company’s stock after purchasing an additional 6,335 shares during the quarter. New York State Teachers Retirement System’s holdings in Talos Energy were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bridgewater Associates LP bought a new position in Talos Energy during the third quarter valued at approximately $8,805,000. Philosophy Capital Management LLC grew its position in Talos Energy by 37.8% during the third quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company’s stock valued at $31,728,000 after acquiring an additional 841,414 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Talos Energy by 39.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company’s stock worth $16,245,000 after purchasing an additional 442,620 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of Talos Energy by 28.3% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,129,757 shares of the company’s stock worth $11,693,000 after purchasing an additional 249,412 shares during the last quarter. Finally, Barclays PLC grew its holdings in shares of Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock worth $12,149,000 after purchasing an additional 210,687 shares during the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Talos Energy Stock Performance

Shares of Talos Energy stock opened at $8.86 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $1.59 billion, a P/E ratio of 16.40 and a beta of 1.89. The business has a fifty day simple moving average of $9.79 and a two-hundred day simple moving average of $10.55. Talos Energy Inc. has a 12 month low of $8.84 and a 12 month high of $14.67.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Benchmark restated a “buy” rating and issued a $20.00 target price on shares of Talos Energy in a report on Tuesday, November 12th. Citigroup raised their target price on shares of Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a report on Thursday, November 14th. JPMorgan Chase & Co. assumed coverage on shares of Talos Energy in a report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 target price on the stock. Mizuho cut their target price on shares of 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 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. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.83.

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.