Talos Energy Inc. (NYSE:TALO) Stock Holdings Decreased by Atom Investors LP

Atom Investors LP trimmed its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 84.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,180 shares of the company's stock after selling 154,395 shares during the period. Atom Investors LP's holdings in Talos Energy were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Signaturefd LLC increased its stake in shares of Talos Energy by 51.9% during the 2nd quarter. Signaturefd LLC now owns 2,685 shares of the company's stock worth $33,000 after purchasing an additional 917 shares in the last quarter. Everence Capital Management Inc. increased its stake in shares of Talos Energy by 8.6% during the 3rd quarter. Everence Capital Management Inc. now owns 22,050 shares of the company's stock worth $228,000 after purchasing an additional 1,740 shares in the last quarter. US Bancorp DE grew its stake in Talos Energy by 113.3% in the 3rd quarter. US Bancorp DE now owns 3,440 shares of the company's stock worth $36,000 after acquiring an additional 1,827 shares during the period. CIBC Asset Management Inc grew its stake in Talos Energy by 13.8% in the 2nd quarter. CIBC Asset Management Inc now owns 15,195 shares of the company's stock worth $185,000 after acquiring an additional 1,838 shares during the period. Finally, Nisa Investment Advisors LLC grew its stake in Talos Energy by 91.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company's stock worth $57,000 after acquiring an additional 2,235 shares during the period. 89.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on TALO shares. BMO Capital Markets lowered their target price on shares of Talos Energy from $14.00 to $13.00 and set a "market perform" rating for the company in a research note on Friday, October 4th. Mizuho started coverage on shares of Talos Energy in a research note on Thursday, September 19th. They issued an "outperform" rating and a $16.00 target price for the company. KeyCorp lowered their target price on shares of Talos Energy from $21.00 to $16.00 and set an "overweight" rating for the company in a research note on Wednesday, October 16th. Benchmark reiterated a "buy" rating and issued a $20.00 price target on shares of Talos Energy in a report on Tuesday, November 12th. Finally, Citigroup lifted their price target 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. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $16.50.

Insiders Place Their Bets

In other news, insider Control Empresarial De Capital acquired 100,000 shares of the business's stock in a transaction on Friday, September 27th. The shares were purchased at an average price of $10.31 per share, for a total transaction of $1,031,000.00. Following the acquisition, the insider now directly owns 43,545,604 shares of the company's stock, valued at $448,955,177.24. This represents a 0.23 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.77% of the stock is currently owned by company insiders.

Talos Energy Stock Down 3.6 %

Shares of NYSE:TALO traded down $0.38 during midday trading on Thursday, hitting $10.24. 1,612,261 shares of the company's stock traded hands, compared to its average volume of 2,086,350. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $1.84 billion, a PE ratio of 19.67 and a beta of 1.92. The firm's fifty day moving average price is $10.82 and its two-hundred day moving average price is $11.20. Talos Energy Inc. has a twelve month low of $9.44 and a twelve month high of $14.77.

Talos Energy (NYSE:TALO - Get Free Report) last posted its earnings results on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The business had revenue of $509.29 million for the quarter, compared to analyst estimates of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business's revenue was up 32.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. On average, equities research analysts anticipate that Talos Energy Inc. will post -0.35 EPS for the current fiscal year.

Talos Energy 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.