Renaissance Technologies LLC Boosts Stock Holdings in Talos Energy Inc. (NYSE:TALO)

Renaissance Technologies LLC lifted its position in Talos Energy Inc. (NYSE:TALO - Free Report) by 28.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,500 shares of the company's stock after buying an additional 44,315 shares during the quarter. Renaissance Technologies LLC owned approximately 0.11% of Talos Energy worth $1,957,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TALO. KBC Group NV increased its position in shares of Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after purchasing an additional 2,515 shares during the last quarter. Nisa Investment Advisors LLC grew 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 acquiring an additional 7,026 shares during the last quarter. Cibc World Markets Corp purchased a new position in shares of Talos Energy during the fourth quarter worth approximately $132,000. Inceptionr LLC lifted its holdings in shares of Talos Energy by 75.3% in the 4th quarter. Inceptionr LLC now owns 18,898 shares of the company's stock worth $184,000 after acquiring an additional 8,118 shares during the last quarter. Finally, EntryPoint Capital LLC boosted its stake in shares of Talos Energy by 26.1% in the 4th quarter. EntryPoint Capital LLC now owns 24,016 shares of the company's stock valued at $233,000 after purchasing an additional 4,977 shares in the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Talos Energy Trading Up 1.5 %

TALO stock traded up $0.11 during trading on Monday, reaching $7.40. The company had a trading volume of 1,136,489 shares, compared to its average volume of 2,037,876. The business has a 50 day moving average of $8.24 and a 200 day moving average of $9.55. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $14.07. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market cap of $1.32 billion, a P/E ratio of 13.70 and a beta of 1.33.

Wall Street Analyst Weigh In

TALO has been the topic of several recent research reports. Stephens reduced their target price on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. KeyCorp lowered their target price on Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. 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. JPMorgan Chase & Co. lowered their target price on Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Finally, Citigroup lowered their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Talos Energy currently has an average rating of "Moderate Buy" and an average target price of $14.38.

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.