Public Sector Pension Investment Board Has $2.73 Million Stock Position in Talos Energy Inc. (NYSE:TALO)

Public Sector Pension Investment Board cut its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 23.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 263,706 shares of the company's stock after selling 80,300 shares during the period. Public Sector Pension Investment Board owned 0.15% of Talos Energy worth $2,729,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of TALO. Dimensional Fund Advisors LP raised its holdings in shares of Talos Energy by 2.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,546,942 shares of the company's stock valued at $79,545,000 after purchasing an additional 179,181 shares during the period. American Century Companies Inc. raised its stake in Talos Energy by 26.2% in the second quarter. American Century Companies Inc. now owns 2,982,351 shares of the company's stock valued at $36,236,000 after buying an additional 619,169 shares during the period. HITE Hedge Asset Management LLC lifted its position in shares of Talos Energy by 78.0% in the second quarter. HITE Hedge Asset Management LLC now owns 2,546,425 shares of the company's stock valued at $30,939,000 after buying an additional 1,116,241 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Talos Energy by 1,557.7% during the 2nd quarter. Victory Capital Management Inc. now owns 1,834,694 shares of the company's stock worth $22,292,000 after acquiring an additional 1,724,014 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Talos Energy by 39.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company's stock worth $16,245,000 after acquiring an additional 442,620 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TALO shares. BMO Capital Markets cut their price target on Talos Energy from $14.00 to $13.00 and set a "market perform" rating for the company in a report on Friday, October 4th. KeyCorp reduced their target price on shares of Talos Energy from $21.00 to $16.00 and set an "overweight" rating for the company in a report on Wednesday, October 16th. Citigroup increased their price target on shares of Talos Energy from $12.50 to $14.50 and gave the company a "buy" rating in a report on Thursday, November 14th. JPMorgan Chase & Co. initiated coverage on Talos Energy in a report on Thursday. They set a "neutral" rating and a $12.00 price objective for the company. Finally, Benchmark reissued a "buy" rating and set a $20.00 price target 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 assigned a buy rating to the company. According to MarketBeat, Talos Energy currently has a consensus rating of "Moderate Buy" and an average target price of $16.50.

Talos Energy Price Performance

Talos Energy stock traded down $0.38 during trading hours on Thursday, reaching $10.24. 1,612,261 shares of the stock were exchanged, compared to its average volume of 2,086,350. The stock has a 50 day moving average of $10.82 and a two-hundred day moving average of $11.19. The company has a market cap of $1.84 billion, a P/E ratio of 18.96 and a beta of 1.92. Talos Energy Inc. has a twelve month low of $9.44 and a twelve month high of $14.77. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

Talos Energy (NYSE:TALO - Get Free Report) last released its quarterly earnings data on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The business had revenue of $509.29 million during the quarter, compared to analyst estimates of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business's quarterly revenue was up 32.9% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Equities analysts expect that Talos Energy Inc. will post -0.35 EPS for the current fiscal year.

Insider Activity at Talos Energy

In other news, insider Control Empresarial De Capital bought 100,000 shares of the stock in a transaction on Friday, September 27th. The stock was acquired at an average price of $10.31 per share, with a total value of $1,031,000.00. Following the acquisition, the insider now directly owns 43,545,604 shares in the company, valued at approximately $448,955,177.24. This trade represents a 0.23 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.77% of the stock is currently owned by insiders.

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.