Talos Energy Inc. (NYSE:TALO) Shares Bought by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 39.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,569,652 shares of the company's stock after purchasing an additional 442,620 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.87% of Talos Energy worth $16,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Signaturefd LLC increased its holdings in shares of Talos Energy by 51.9% in the 2nd quarter. Signaturefd LLC now owns 2,685 shares of the company's stock valued at $33,000 after acquiring an additional 917 shares during the period. Everence Capital Management Inc. increased its stake in Talos Energy by 8.6% in the third quarter. Everence Capital Management Inc. now owns 22,050 shares of the company's stock valued at $228,000 after purchasing an additional 1,740 shares during the period. US Bancorp DE raised its holdings 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 during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Talos Energy by 13.8% during the second quarter. CIBC Asset Management Inc now owns 15,195 shares of the company's stock worth $185,000 after buying an additional 1,838 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Talos Energy by 91.1% during the second quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company's stock worth $57,000 after buying an additional 2,235 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Benchmark reiterated a "buy" rating and issued a $20.00 target price on shares of Talos Energy in a research note on Tuesday, November 12th. Mizuho began coverage on shares of Talos Energy in a research report on Thursday, September 19th. They issued an "outperform" rating and a $16.00 price objective on the stock. KeyCorp dropped their price objective on shares of Talos Energy from $21.00 to $16.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 16th. BMO Capital Markets reduced 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. Finally, Citigroup boosted their price target on shares of Talos Energy from $12.50 to $14.50 and gave the stock a "buy" rating in a research note on Thursday, November 14th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $17.06.

Insider Activity at Talos Energy

In related news, insider Control Empresarial De Capital acquired 100,000 shares of Talos Energy stock in a transaction on Friday, September 27th. The shares were bought at an average price of $10.31 per share, for a total transaction of $1,031,000.00. Following the completion of the purchase, the insider now directly owns 43,545,604 shares in the company, valued at $448,955,177.24. This trade represents a 0.23 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders have acquired 1,220,000 shares of company stock worth $13,135,560. Company insiders own 0.77% of the company's stock.

Talos Energy Trading Down 1.0 %

Shares of NYSE TALO traded down $0.12 during midday trading on Friday, reaching $11.45. 1,061,696 shares of the stock were exchanged, compared to its average volume of 1,959,908. 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 company has a market capitalization of $2.06 billion, a P/E ratio of 21.20 and a beta of 1.92. The stock has a 50 day moving average price of $10.84 and a 200-day moving average price of $11.26. Talos Energy Inc. has a 52-week low of $9.44 and a 52-week high of $14.77.

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