Talos Energy Inc. (NYSE:TALO) Holdings Increased by Congress Asset Management Co.

Congress Asset Management Co. grew its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 385,686 shares of the company's stock after acquiring an additional 29,743 shares during the period. Congress Asset Management Co. owned about 0.21% of Talos Energy worth $3,745,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. New York State Teachers Retirement System boosted its holdings in shares of Talos Energy by 16.1% in the 4th quarter. New York State Teachers Retirement System now owns 45,647 shares of the company's stock valued at $443,000 after buying an additional 6,335 shares during the period. Empowered Funds LLC boosted its holdings in shares of Talos Energy by 4.1% in the 4th quarter. Empowered Funds LLC now owns 1,077,677 shares of the company's stock valued at $10,464,000 after buying an additional 42,606 shares during the period. KBC Group NV boosted its holdings in shares of Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock valued at $77,000 after buying an additional 2,515 shares during the period. SG Americas Securities LLC acquired a new position in shares of Talos Energy in the 4th quarter valued at about $592,000. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock valued at $106,000 after buying an additional 7,026 shares during the period. 89.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TALO has been the subject of several research reports. Mizuho decreased their price target on shares of Talos Energy from $16.00 to $14.00 and set an "outperform" rating for the company in a report on Monday, December 16th. JPMorgan Chase & Co. initiated coverage on shares of Talos Energy in a report on Thursday, December 5th. They issued a "neutral" rating and a $12.00 price target for the company. Stephens decreased their price target on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Benchmark reiterated a "buy" rating and issued a $20.00 price objective on shares of Talos Energy in a research report on Tuesday, November 12th. Finally, Citigroup lifted their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the company a "buy" rating in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Talos Energy presently has an average rating of "Moderate Buy" and a consensus price target of $15.83.

Talos Energy Price Performance

Shares of TALO stock traded down $0.36 during midday trading on Friday, reaching $9.02. 1,590,379 shares of the company were exchanged, compared to its average volume of 1,681,470. Talos Energy Inc. has a 12 month low of $8.88 and a 12 month high of $14.67. The company has a market cap of $1.62 billion, a P/E ratio of 16.69 and a beta of 1.89. The company's 50 day moving average price is $9.81 and its two-hundred day moving average price is $10.57. 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 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.