Bryce Point Capital LLC Invests $1.94 Million in Talos Energy Inc. (NYSE:TALO)

Bryce Point Capital LLC purchased a new position in shares of Talos Energy Inc. (NYSE:TALO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 199,648 shares of the company's stock, valued at approximately $1,939,000. Talos Energy comprises about 0.6% of Bryce Point Capital LLC's investment portfolio, making the stock its 14th largest position. Bryce Point Capital LLC owned 0.11% of Talos Energy as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Intech Investment Management LLC purchased a new position in Talos Energy in the 3rd quarter valued at $429,000. FMR LLC boosted 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 acquiring an additional 5,653 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Talos Energy by 260.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 50,316 shares of the company's stock valued at $521,000 after acquiring an additional 36,356 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Talos Energy by 1.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,817,719 shares of the company's stock valued at $18,813,000 after acquiring an additional 33,985 shares in the last quarter. Finally, Verition Fund Management LLC raised its holdings in Talos Energy by 250.2% in the 3rd quarter. Verition Fund Management LLC now owns 94,395 shares of the company's stock valued at $977,000 after acquiring an additional 67,438 shares during the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Talos Energy Trading Down 4.7 %

Shares of NYSE:TALO traded down $0.33 during midday trading on Monday, reaching $6.66. 1,451,724 shares of the company's stock were exchanged, compared to its average volume of 1,866,244. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 12.34 and a beta of 1.33. Talos Energy Inc. has a fifty-two week low of $6.39 and a fifty-two week high of $14.67. The firm's 50 day simple moving average is $9.12 and its two-hundred day simple moving average is $10.02. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.

Wall Street Analyst Weigh In

TALO has been the subject of a number of analyst reports. JPMorgan Chase & Co. dropped their price target on Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Citigroup dropped their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a report on Tuesday, March 4th. Stephens reduced their price target on Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Finally, Mizuho lowered their price target on shares of Talos Energy from $16.00 to $14.00 and set an "outperform" rating on the stock in a research report on Monday, December 16th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $15.56.

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.