Talos Energy Inc. (NYSE:TALO) Shares Sold by Invesco Senior Secured Management Inc. ADV

Invesco Senior Secured Management Inc. ADV lowered its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,308,585 shares of the company's stock after selling 400,595 shares during the quarter. Talos Energy accounts for about 21.5% of Invesco Senior Secured Management Inc. ADV's portfolio, making the stock its 3rd biggest position. Invesco Senior Secured Management Inc. ADV owned about 1.28% of Talos Energy worth $22,416,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Invesco Ltd. raised its holdings in shares of Talos Energy by 2.7% during the fourth quarter. Invesco Ltd. now owns 1,121,556 shares of the company's stock worth $10,890,000 after acquiring an additional 29,708 shares during the period. Wells Fargo & Company MN raised its stake in shares of Talos Energy by 24.7% in the 4th quarter. Wells Fargo & Company MN now owns 86,241 shares of the company's stock valued at $837,000 after purchasing an additional 17,100 shares during the period. Bryce Point Capital LLC bought a new stake in shares of Talos Energy in the fourth quarter valued at about $1,939,000. Trexquant Investment LP acquired a new position in shares of Talos Energy during the fourth quarter worth about $3,863,000. Finally, EntryPoint Capital LLC grew its holdings in shares of Talos Energy by 26.1% during the fourth quarter. EntryPoint Capital LLC now owns 24,016 shares of the company's stock worth $233,000 after buying an additional 4,977 shares in the last quarter. Institutional investors own 89.35% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup reduced their price target on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. Mizuho reduced their target price on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Stephens lowered their price target on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Talos Energy presently has an average rating of "Moderate Buy" and a consensus price target of $15.33.

Talos Energy Stock Performance

Shares of TALO stock traded up $0.32 on Friday, reaching $7.17. The stock had a trading volume of 1,889,412 shares, compared to its average volume of 2,014,503. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $14.51. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 13.27 and a beta of 1.33. The firm's 50-day moving average is $8.72 and its two-hundred day moving average is $9.84. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47.

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.