AMH Equity Ltd Acquires New Stake in Talos Energy Inc. (NYSE:TALO)

AMH Equity Ltd acquired a new stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 150,000 shares of the company's stock, valued at approximately $1,458,000. Talos Energy accounts for 2.2% of AMH Equity Ltd's portfolio, making the stock its 19th biggest holding. AMH Equity Ltd owned 0.08% of Talos Energy as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TALO. Cibc World Markets Corp purchased a new position in Talos Energy during the 4th quarter valued at $132,000. Thrivent Financial for Lutherans lifted its holdings in shares of Talos Energy by 41.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 137,838 shares of the company's stock worth $1,339,000 after buying an additional 40,221 shares during the period. American Century Companies Inc. lifted its holdings in shares of Talos Energy by 14.9% in the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock worth $42,991,000 after buying an additional 575,096 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Talos Energy in the 4th quarter worth $326,000. Finally, EntryPoint Capital LLC lifted its holdings in shares of Talos Energy by 26.1% in the 4th quarter. EntryPoint Capital LLC now owns 24,016 shares of the company's stock worth $233,000 after buying an additional 4,977 shares during the period. Hedge funds and other institutional investors own 89.35% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TALO. Capital One Financial began coverage on Talos Energy in a report on Monday, June 16th. They issued an "overweight" rating and a $14.00 target price for the company. KeyCorp lowered their target price on Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, Mizuho reduced their price target on Talos Energy from $12.00 to $11.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $14.22.

Talos Energy Trading Up 0.2%

TALO opened at $8.51 on Friday. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 56.74 and a beta of 0.71. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71. The stock has a fifty day moving average price of $8.56 and a 200-day moving average price of $8.73.

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.

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