Talos Energy Inc. (NYSE:TALO) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,077,677 shares of the company’s stock after purchasing an additional 42,606 shares during the period. Empowered Funds LLC’s holdings in Talos Energy were worth $10,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TALO. Virtus Investment Advisers Inc. acquired a new stake in Talos Energy during the 3rd quarter worth $31,000. US Bancorp DE increased its stake in Talos Energy by 113.3% during the third quarter. US Bancorp DE now owns 3,440 shares of the company’s stock worth $36,000 after acquiring an additional 1,827 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Talos Energy during the 3rd quarter worth about $75,000. KBC Group NV raised its stake in shares of Talos Energy by 46.1% in the 4th 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 period. Finally, Nisa Investment Advisors LLC lifted its stake in Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock worth $106,000 after acquiring an additional 7,026 shares in the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Mizuho cut their price target on Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Benchmark reiterated a “buy” rating and set a $20.00 target price on shares of Talos Energy in a research report on Tuesday, November 12th. KeyCorp cut their price objective on shares of Talos Energy from $21.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, October 16th. JPMorgan Chase & Co. initiated coverage on Talos Energy in a research note on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price target for the company. Finally, Stephens reduced their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.83.

Talos Energy Trading Down 0.8 %

NYSE:TALO opened at $9.23 on Monday. The business has a fifty day moving average of $10.01 and a 200-day moving average of $10.69. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 17.09 and a beta of 1.89. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. Talos Energy Inc. has a 1 year low of $8.89 and a 1 year high of $14.67.

Talos Energy (NYSE:TALO) last issued its quarterly earnings results on Monday, November 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The firm had revenue of $509.29 million for the quarter, compared to the consensus estimate of $504.44 million. During the same period in the previous year, the business posted $0.14 earnings per share. The business’s revenue for the quarter was up 32.9% compared to the same quarter last year. Equities analysts predict that Talos Energy Inc. will post -0.44 earnings per share for the current year.

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.