Russell Investments Group Ltd. decreased its position in Talos Energy Inc. (NYSE:TALO - Free Report) by 36.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,865 shares of the company's stock after selling 108,983 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.11% of Talos Energy worth $1,853,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its position in Talos Energy by 119.2% in the 3rd quarter. FMR LLC now owns 10,395 shares of the company's stock worth $108,000 after purchasing an additional 5,653 shares during the period. Stifel Financial Corp boosted its position in Talos Energy by 40.6% during the 3rd quarter. Stifel Financial Corp now owns 107,438 shares of the company's stock valued at $1,112,000 after buying an additional 31,010 shares during the period. Barclays PLC raised its stake in shares of Talos Energy by 21.9% during the third quarter. Barclays PLC now owns 1,173,765 shares of the company's stock valued at $12,149,000 after acquiring an additional 210,687 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Talos Energy by 2.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company's stock valued at $1,086,000 after purchasing an additional 2,192 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in shares of 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 in the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.
Talos Energy Price Performance
TALO stock traded down $0.03 during trading on Thursday, hitting $7.28. 157,851 shares of the company's stock traded hands, compared to its average volume of 2,031,037. 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 quick ratio of 0.97 and a current ratio of 0.97. The business has a fifty day simple moving average of $8.36 and a 200 day simple moving average of $9.65. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 13.44 and a beta of 1.33.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on TALO shares. KeyCorp cut their target price on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a research note on Monday. Citigroup dropped 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. Stephens decreased their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. JPMorgan Chase & Co. dropped their price target on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Finally, Mizuho decreased their target price on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.38.
Check Out Our Latest Stock Report on Talos Energy
About Talos Energy
(
Free Report)
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.
Further Reading
Before you consider Talos Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Talos Energy wasn't on the list.
While Talos Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
