SG Americas Securities LLC Makes New $592,000 Investment in Talos Energy Inc. (NYSE:TALO)

SG Americas Securities LLC bought a new stake in Talos Energy Inc. (NYSE:TALO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 61,003 shares of the company's stock, valued at approximately $592,000.

Several other institutional investors and hedge funds have also modified their holdings of TALO. Virtus Investment Advisers Inc. bought a new stake in Talos Energy in the 3rd quarter valued at about $31,000. US Bancorp DE raised its position in shares of Talos Energy by 113.3% in the third quarter. US Bancorp DE now owns 3,440 shares of the company's stock valued at $36,000 after buying an additional 1,827 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Talos Energy in the third quarter valued at approximately $75,000. FMR LLC grew its position in Talos Energy by 119.2% during the third quarter. FMR LLC now owns 10,395 shares of the company's stock worth $108,000 after buying an additional 5,653 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock worth $106,000 after acquiring an additional 7,026 shares during the period. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TALO shares. Benchmark reissued a "buy" rating and set 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 company a "buy" rating in a report on Thursday, November 14th. KeyCorp decreased their price target on Talos Energy from $21.00 to $16.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 16th. Stephens reaffirmed an "overweight" rating and issued a $21.00 price objective on shares of Talos Energy in a research note on Thursday, January 16th. Finally, Mizuho lowered 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 stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.94.

Talos Energy Trading Down 5.2 %

Shares of Talos Energy stock traded down $0.52 on Monday, hitting $9.41. The stock had a trading volume of 1,157,165 shares, compared to its average volume of 1,786,581. The stock has a 50 day moving average of $10.19 and a 200 day moving average of $10.77. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. Talos Energy Inc. has a twelve month low of $8.89 and a twelve month high of $14.67. The firm has a market capitalization of $1.69 billion, a P/E ratio of 17.42 and a beta of 1.89.

Talos Energy (NYSE:TALO - Get Free Report) last released its quarterly earnings results on Monday, November 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.07). Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business had revenue of $509.29 million for the quarter, compared to the consensus estimate of $504.44 million. During the same period in the previous year, the business posted $0.14 EPS. Talos Energy's revenue was up 32.9% on a year-over-year basis. Sell-side analysts expect that Talos Energy Inc. will post -0.37 earnings per share for the current fiscal year.

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.