Ameriprise Financial Inc. Grows Stock Position in Talos Energy Inc. (NYSE:TALO)

Ameriprise Financial Inc. increased its position in Talos Energy Inc. (NYSE:TALO - Free Report) by 318.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,967,703 shares of the company's stock after acquiring an additional 1,497,472 shares during the quarter. Ameriprise Financial Inc. owned about 1.09% of Talos Energy worth $19,106,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Talos Energy by 11.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock worth $74,964,000 after buying an additional 763,631 shares in the last quarter. American Century Companies Inc. lifted its stake in Talos Energy by 14.9% in the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock worth $42,991,000 after purchasing an additional 575,096 shares during the last quarter. Trexquant Investment LP purchased a new stake in Talos Energy during the 4th quarter valued at about $3,863,000. Barclays PLC boosted its stake in shares of Talos Energy by 31.3% during the fourth quarter. Barclays PLC now owns 1,541,088 shares of the company's stock valued at $14,965,000 after purchasing an additional 367,323 shares during the period. Finally, Adage Capital Partners GP L.L.C. grew its holdings in Talos Energy by 65.8% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 812,348 shares of the company's stock worth $7,888,000 after acquiring an additional 322,500 shares during the last quarter. Institutional investors own 89.35% of the company's stock.

Talos Energy Stock Performance

TALO stock traded down $0.12 during trading on Monday, hitting $8.17. 1,489,677 shares of the company traded hands, compared to its average volume of 2,064,418. The stock's 50-day simple moving average is $7.98 and its 200 day simple moving average is $9.34. 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 Inc. has a 1 year low of $6.23 and a 1 year high of $12.71. The company has a market cap of $1.46 billion, a PE ratio of 15.13 and a beta of 0.65.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TALO shares. KeyCorp decreased their price target on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. Citigroup cut their price target 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. JPMorgan Chase & Co. decreased 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. Stephens decreased their target price 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. Finally, Mizuho reduced their target price on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 13th. 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $14.25.

About Talos Energy

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.