Deutsche Bank AG Acquires 41,203 Shares of Talos Energy Inc. (NYSE:TALO)

Deutsche Bank AG lifted its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 48.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,388 shares of the company's stock after acquiring an additional 41,203 shares during the quarter. Deutsche Bank AG owned approximately 0.07% of Talos Energy worth $1,227,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TALO. Sterling Capital Management LLC lifted its holdings in Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after purchasing an additional 4,053 shares in the last quarter. KBC Group NV increased its stake in Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after acquiring an additional 2,515 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Talos Energy by 182.1% in 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 during the last quarter. Mariner LLC bought a new stake in Talos Energy in the 4th quarter worth approximately $126,000. Finally, Cibc World Markets Corp bought a new stake in Talos Energy in the 4th quarter worth approximately $132,000. 89.35% of the stock is currently owned by institutional investors.

Talos Energy Trading Up 1.1%

TALO stock traded up $0.09 during mid-day trading on Tuesday, reaching $8.03. The company had a trading volume of 1,760,308 shares, compared to its average volume of 2,059,980. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $1.43 billion, a PE ratio of 14.86 and a beta of 0.65. The firm has a 50 day moving average of $7.87 and a 200 day moving average of $9.20. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. KeyCorp reduced their price objective on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. JPMorgan Chase & Co. reduced their price objective on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Mizuho cut their target price on Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. Stephens reduced their price objective 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, Citigroup reduced their price objective on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Talos Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.25.

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.