New York State Common Retirement Fund increased its position in Talos Energy Inc. (NYSE:TALO – Free Report) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,474 shares of the company’s stock after buying an additional 2,200 shares during the period. New York State Common Retirement Fund’s holdings in Talos Energy were worth $548,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bridgewater Associates LP acquired a new stake in shares of Talos Energy in the third quarter worth about $8,805,000. Philosophy Capital Management LLC raised its stake in shares of Talos Energy by 37.8% in the 3rd 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 in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in Talos Energy by 39.3% in the 3rd 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 boosted its position in Talos Energy by 28.3% during 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 period. Finally, Barclays PLC grew its holdings in Talos Energy by 21.9% during the third 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 during the last quarter. Institutional investors own 89.35% of the company’s stock.
Wall Street Analyst Weigh In
TALO has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Talos Energy from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday. Benchmark reissued a “buy” rating and set a $20.00 target price on shares of Talos Energy in a research report on Tuesday, November 12th. Mizuho decreased their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Citigroup dropped their price objective on Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Stephens decreased 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. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $15.78.
Talos Energy Stock Up 1.7 %
TALO stock opened at $8.50 on Wednesday. Talos Energy Inc. has a twelve month low of $8.05 and a twelve 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. The company has a market cap of $1.53 billion, a PE ratio of 15.73 and a beta of 1.79. The business’s 50-day simple moving average is $9.73 and its 200 day simple moving average is $10.44.
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.
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