Entropy Technologies LP Sells 31,536 Shares of Talos Energy Inc. (NYSE:TALO)

Entropy Technologies LP lessened its stake in Talos Energy Inc. (NYSE:TALO - Free Report) by 74.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,613 shares of the company's stock after selling 31,536 shares during the quarter. Entropy Technologies LP's holdings in Talos Energy were worth $103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC raised its stake in shares of Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company's stock valued at $12,149,000 after buying an additional 210,687 shares during the period. PDT Partners LLC bought a new stake in shares of Talos Energy during the 3rd quarter valued at $598,000. Verition Fund Management LLC raised its stake in shares of Talos Energy by 250.2% during the 3rd quarter. Verition Fund Management LLC now owns 94,395 shares of the company's stock valued at $977,000 after purchasing an additional 67,438 shares during the period. Weiss Asset Management LP raised its stake in shares of Talos Energy by 103.0% during the 3rd quarter. Weiss Asset Management LP now owns 263,489 shares of the company's stock valued at $2,727,000 after purchasing an additional 133,714 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Talos Energy during the 4th quarter valued at $592,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Analyst Ratings Changes

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

Talos Energy Trading Up 0.6 %

TALO stock traded up $0.06 during trading on Tuesday, hitting $9.42. 401,199 shares of the company traded hands, compared to its average volume of 1,670,501. The firm has a market capitalization of $1.69 billion, a PE ratio of 17.44 and a beta of 1.89. Talos Energy Inc. has a 1 year low of $8.89 and a 1 year high of $14.67. The company has a 50-day moving average of $9.88 and a 200-day moving average of $10.60. 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 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.