Vanguard Group Inc. Sells 129,739 Shares of Talos Energy Inc. (NYSE:TALO)

Vanguard Group Inc. lowered its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,934,365 shares of the company's stock after selling 129,739 shares during the quarter. Vanguard Group Inc. owned approximately 5.52% of Talos Energy worth $96,463,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TALO. KBC Group NV boosted its stake 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 acquiring an additional 2,515 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in Talos Energy by 182.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock valued at $106,000 after purchasing an additional 7,026 shares during the last quarter. FMR LLC grew its holdings in Talos Energy by 119.2% during the third quarter. FMR LLC now owns 10,395 shares of the company's stock valued at $108,000 after purchasing an additional 5,653 shares during the period. Cibc World Markets Corp bought a new position in shares of Talos Energy during the 4th quarter worth $132,000. Finally, Inceptionr LLC boosted its position in Talos Energy by 75.3% during the fourth quarter. Inceptionr LLC now owns 18,898 shares of the company's stock worth $184,000 after purchasing an additional 8,118 shares during the period. Hedge funds and other institutional investors own 89.35% of the company's stock.

Analyst Upgrades and Downgrades

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

Talos Energy Trading Down 1.1 %

TALO traded down $0.07 during midday trading on Tuesday, reaching $6.87. 337,658 shares of the company's stock traded hands, compared to its average volume of 1,930,239. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 12.69 and a beta of 1.33. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $14.07. The firm has a fifty day moving average of $8.67 and a two-hundred day moving average of $9.81. 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 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.