Hotchkis & Wiley Capital Management LLC Boosts Holdings in Talos Energy Inc. $TALO

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Talos Energy Inc. by 4.7%, owning approximately 1,390,910 shares worth around $13.5 million at the end of the 1st quarter.
• A significant portion, 89.35%, of Talos Energy's stock is owned by hedge funds and institutional investors, indicating strong institutional interest in the company.
• Recent analyst ratings show a mixed sentiment, with six analysts rating the stock as a 'Buy' and two as a 'Hold', while the consensus price target is $14.25.

Hotchkis & Wiley Capital Management LLC increased its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 4.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,390,910 shares of the company's stock after acquiring an additional 62,710 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.78% of Talos Energy worth $13,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC grew its holdings in shares of Talos Energy by 360.9% during the first quarter. GAMMA Investing LLC now owns 3,194 shares of the company's stock worth $31,000 after purchasing an additional 2,501 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Talos Energy by 2,601.0% in the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company's stock valued at $52,000 after purchasing an additional 5,124 shares during the period. Signaturefd LLC boosted its position in shares of Talos Energy by 571.3% in the 1st quarter. Signaturefd LLC now owns 5,612 shares of the company's stock valued at $55,000 after purchasing an additional 4,776 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Talos Energy during the 1st quarter worth approximately $65,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Talos Energy during the first quarter worth approximately $98,000. 89.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen cut Talos Energy from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Capital One Financial began coverage on shares of Talos Energy in a report on Monday, June 16th. They issued an "overweight" rating and a $14.00 target price on the stock. Finally, Mizuho decreased their price target on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating for the company in a research note on Tuesday, May 13th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.25.

Talos Energy Stock Up 7.5%

Talos Energy stock opened at $9.3450 on Friday. The stock has a 50 day moving average of $8.59 and a two-hundred day moving average of $8.40. Talos Energy Inc. has a twelve month low of $6.23 and a twelve month high of $12.71. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -9.63 and a beta of 0.81. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.49.

Talos Energy (NYSE:TALO - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.33) by $0.06. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%.The business had revenue of $424.72 million for the quarter, compared to analyst estimates of $443.53 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company's revenue for the quarter was down 22.7% compared to the same quarter last year. As a group, research analysts expect that Talos Energy Inc. will post -0.44 earnings per share for the current year.

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.

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