Orvieto Partners L.P. Acquires New Shares in Talos Energy Inc. (NYSE:TALO)

Orvieto Partners L.P. 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 107,900 shares of the company's stock, valued at approximately $1,048,000. Orvieto Partners L.P. owned about 0.06% of Talos Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Sterling Capital Management LLC raised its holdings in shares of Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after purchasing an additional 4,053 shares during the period. KBC Group NV raised its holdings in Talos Energy by 46.1% in the fourth 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. Nisa Investment Advisors LLC lifted its position in Talos Energy by 182.1% during the fourth 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 in the last quarter. Mariner LLC purchased a new stake in Talos Energy during the fourth quarter worth approximately $126,000. Finally, Cibc World Markets Corp acquired a new stake in shares of Talos Energy in the fourth quarter worth $132,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Analyst Upgrades and Downgrades

TALO has been the topic of several recent research reports. KeyCorp reduced their target price on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Stephens decreased 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. Mizuho lowered their target price on Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Citigroup reduced their price target on Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. lowered 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 report on Thursday, March 13th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.38.

Talos Energy Stock Up 0.7 %

TALO traded up $0.05 during trading on Friday, reaching $7.28. 786,773 shares of the stock traded hands, compared to its average volume of 2,041,498. The stock's 50-day simple moving average is $8.28 and its two-hundred day simple moving average is $9.59. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. Talos Energy Inc. has a fifty-two week low of $6.23 and a fifty-two week high of $14.07. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 13.48 and a beta of 1.33.

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.