Talos Energy Inc. (NYSE:TALO) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC raised its stake in Talos Energy Inc. (NYSE:TALO - Free Report) by 1,229.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 792,528 shares of the company's stock after buying an additional 732,904 shares during the period. Janus Henderson Group PLC owned approximately 0.44% of Talos Energy worth $7,699,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gotham Asset Management LLC acquired a new stake in shares of Talos Energy in the 4th quarter worth approximately $127,000. Deutsche Bank AG grew its holdings in Talos Energy by 48.4% in the fourth quarter. Deutsche Bank AG now owns 126,388 shares of the company's stock valued at $1,227,000 after purchasing an additional 41,203 shares during the last quarter. Balyasny Asset Management L.P. increased its position in shares of Talos Energy by 94.0% in the fourth quarter. Balyasny Asset Management L.P. now owns 21,394 shares of the company's stock valued at $208,000 after buying an additional 10,366 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Talos Energy by 318.5% during the 4th quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company's stock worth $19,106,000 after buying an additional 1,497,472 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Talos Energy by 6.0% in the 4th quarter. Northern Trust Corp now owns 1,412,965 shares of the company's stock worth $13,720,000 after buying an additional 79,746 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Trading Up 0.2%

Shares of Talos Energy stock traded up $0.02 during trading hours on Friday, reaching $7.95. 1,447,392 shares of the company's stock were exchanged, compared to its average volume of 2,057,678. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 14.71 and a beta of 0.65. The company has a fifty day moving average of $7.92 and a 200-day moving average of $9.27. Talos Energy Inc. has a 52-week low of $6.23 and a 52-week high of $12.71. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TALO shares. Mizuho cut their target price on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th. JPMorgan Chase & Co. reduced their target price 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. Stephens dropped their price target on 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 cut their price target 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, Citigroup reduced their price objective on 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 research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target 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.