GF Fund Management CO. LTD. Makes New $367,000 Investment 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) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 37,747 shares of the company's stock, valued at approximately $367,000.

A number of other large investors have also modified their holdings of the stock. Sterling Capital Management LLC increased its position in shares of Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock valued at $44,000 after purchasing an additional 4,053 shares during the last quarter. KBC Group NV increased its position 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 purchasing an additional 2,515 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock valued at $106,000 after purchasing an additional 7,026 shares during the last quarter. Mariner LLC purchased a new stake in shares of Talos Energy in the 4th quarter valued at approximately $126,000. Finally, Gotham Asset Management LLC purchased a new stake in shares of Talos Energy in the 4th quarter valued at approximately $127,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Talos Energy Stock Performance

Talos Energy stock traded up $0.06 during midday trading on Wednesday, hitting $8.07. 1,848,675 shares of the company's stock were exchanged, compared to its average volume of 2,060,895. Talos Energy Inc. has a 12-month low of $6.23 and a 12-month high of $12.71. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 14.94 and a beta of 0.65. The firm's 50 day simple moving average is $7.87 and its 200 day simple moving average is $9.20.

Analysts Set New Price Targets

A number of equities research analysts have commented on TALO shares. Stephens dropped 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. KeyCorp dropped their target price 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. Mizuho dropped 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 report on Tuesday, May 13th. Citigroup dropped their target price 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. Finally, JPMorgan Chase & Co. dropped their target price on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average 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.