Talos Energy Inc. (NYSE:TALO) Stock Holdings Boosted by Barclays PLC

Barclays PLC increased its position in Talos Energy Inc. (NYSE:TALO) by 21.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,173,765 shares of the company’s stock after acquiring an additional 210,687 shares during the period. Barclays PLC owned approximately 0.65% of Talos Energy worth $12,149,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. XTX Topco Ltd increased its stake in shares of Talos Energy by 280.7% in the third quarter. XTX Topco Ltd now owns 46,089 shares of the company’s stock valued at $477,000 after purchasing an additional 33,984 shares during the period. Virtus Investment Advisers Inc. acquired a new stake in Talos Energy in the 3rd quarter valued at approximately $31,000. Weiss Asset Management LP raised its stake in Talos Energy by 103.0% during the 3rd quarter. Weiss Asset Management LP now owns 263,489 shares of the company’s stock valued at $2,727,000 after acquiring an additional 133,714 shares in the last quarter. 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 worth $1,112,000 after acquiring an additional 31,010 shares during the period. Finally, Systematic Financial Management LP bought a new position in shares of Talos Energy in the third quarter worth $865,000. 89.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TALO has been the subject of several research analyst reports. Mizuho began coverage on shares of Talos Energy in a report on Thursday, September 19th. They issued an “outperform” rating and a $16.00 price objective for the company. BMO Capital Markets reduced their price target on shares of Talos Energy from $14.00 to $13.00 and set a “market perform” rating for the company in a research note on Friday, October 4th. Citigroup raised their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. assumed coverage on Talos Energy in a research report on Thursday, December 5th. They issued a “neutral” rating and a $12.00 target price for the company. Finally, KeyCorp lowered their price target on Talos Energy from $21.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.50.

Talos Energy Stock Performance

TALO opened at $9.96 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.79 billion, a PE ratio of 18.44 and a beta of 1.92. The business has a fifty day simple moving average of $10.75 and a 200-day simple moving average of $11.12. Talos Energy Inc. has a fifty-two week low of $9.44 and a fifty-two week high of $14.77.

Talos Energy (NYSE:TALO) last issued its quarterly earnings results on Monday, November 11th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). Talos Energy had a negative return on equity of 1.98% and a net margin of 3.95%. The company had revenue of $509.29 million during the quarter, compared to analysts’ expectations of $504.44 million. During the same period in the prior year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 32.9% compared to the same quarter last year. As a group, equities analysts predict that Talos Energy Inc. will post -0.35 EPS for the current fiscal year.

Insider Activity

In other Talos Energy news, insider Control Empresarial De Capital bought 100,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 43,545,604 shares in the company, valued at approximately $448,955,177.24. This represents a 0.23 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.77% of the stock is owned by company 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.