Barclays PLC Purchases 367,323 Shares of Talos Energy Inc. (NYSE:TALO)

Barclays PLC grew its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 31.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,541,088 shares of the company's stock after buying an additional 367,323 shares during the quarter. Barclays PLC owned 0.86% of Talos Energy worth $14,965,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. SG Americas Securities LLC acquired a new stake in shares of Talos Energy in the fourth quarter valued at approximately $592,000. Principal Financial Group Inc. increased its stake in shares of Talos Energy by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 603,337 shares of the company's stock valued at $5,858,000 after acquiring an additional 15,686 shares during the period. Empowered Funds LLC boosted its stake in Talos Energy by 4.1% during the 4th quarter. Empowered Funds LLC now owns 1,077,677 shares of the company's stock valued at $10,464,000 after purchasing an additional 42,606 shares in the last quarter. New York State Teachers Retirement System raised its position in Talos Energy by 16.1% in the fourth quarter. New York State Teachers Retirement System now owns 45,647 shares of the company's stock worth $443,000 after acquiring an additional 6,335 shares in the last quarter. Finally, Amundi grew its stake in shares of Talos Energy by 209.0% in the 4th quarter. Amundi now owns 79,232 shares of the company's stock worth $790,000 after purchasing an additional 53,593 shares during the last quarter. Institutional investors own 89.35% of the company's stock.

Talos Energy Stock Performance

Shares of Talos Energy stock traded down $0.09 on Thursday, reaching $7.22. The stock had a trading volume of 1,004,435 shares, compared to its average volume of 2,035,398. 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 business's 50-day moving average price is $8.36 and its two-hundred day moving average price is $9.65. The stock has a market cap of $1.29 billion, a P/E ratio of 13.37 and a beta of 1.33. Talos Energy Inc. has a fifty-two week low of $6.23 and a fifty-two week high of $14.07.

Analysts Set New Price Targets

TALO has been the topic of several recent research reports. Mizuho decreased their price target on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their price target on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Stephens reduced their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. KeyCorp dropped their price objective on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday. Finally, Citigroup reduced their target price on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $14.38.

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.