GF Fund Management CO. LTD. Acquires New Shares in Talos Energy Inc. (NYSE:TALO)

GF Fund Management CO. LTD. acquired a new position in shares of Talos Energy Inc. (NYSE:TALO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 37,747 shares of the company's stock, valued at approximately $367,000.

Several other institutional investors have also recently modified their holdings of TALO. Ameriprise Financial Inc. lifted its stake in Talos Energy by 318.5% in the fourth quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company's stock worth $19,106,000 after purchasing an additional 1,497,472 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Talos Energy by 11.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock valued at $74,964,000 after acquiring an additional 763,631 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Talos Energy by 1,229.2% in the 4th quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock valued at $7,699,000 after acquiring an additional 732,904 shares during the last quarter. American Century Companies Inc. boosted its holdings in Talos Energy by 14.9% during the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock valued at $42,991,000 after acquiring an additional 575,096 shares during the period. Finally, Trexquant Investment LP bought a new position in Talos Energy during the 4th quarter worth approximately $3,863,000. 89.35% of the stock is currently owned by institutional investors.

Talos Energy Stock Up 1.1%

NYSE:TALO traded up $0.09 during trading hours on Tuesday, reaching $8.03. 1,760,308 shares of the company traded hands, compared to its average volume of 2,059,980. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The business's 50-day moving average price is $7.87 and its two-hundred day moving average price is $9.20. Talos Energy Inc. has a 1 year low of $6.23 and a 1 year high of $12.71. The stock has a market capitalization of $1.43 billion, a P/E ratio of 14.86 and a beta of 0.65.

Analysts Set New Price Targets

Several brokerages have weighed in on TALO. Mizuho lowered their price objective 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. Stephens dropped their price target on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. KeyCorp decreased their price objective on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. JPMorgan Chase & Co. lowered their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Finally, Citigroup cut their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.25.

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.