Squarepoint Ops LLC Boosts Stake in Talos Energy Inc. (NYSE:TALO)

Squarepoint Ops LLC grew its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 279.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 387,405 shares of the company's stock after buying an additional 285,424 shares during the quarter. Squarepoint Ops LLC owned 0.22% of Talos Energy worth $3,762,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Sterling Capital Management LLC grew its position in 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 acquiring an additional 4,053 shares during the last quarter. KBC Group NV increased its position in shares of Talos Energy by 46.1% during the fourth 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 period. Nisa Investment Advisors LLC increased its position in shares of Talos Energy by 182.1% during the fourth 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 period. Mariner LLC purchased a new position in Talos Energy during the 4th quarter worth $126,000. Finally, Gotham Asset Management LLC purchased a new position in shares of Talos Energy during the fourth quarter valued at $127,000. Institutional investors own 89.35% of the company's stock.

Analysts Set New Price Targets

TALO has been the topic of several research reports. Citigroup cut their price target 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. Mizuho cut their price objective on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a report on Tuesday, May 13th. JPMorgan Chase & Co. cut their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Stephens cut their price objective on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Finally, KeyCorp cut their price target on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $14.25.

Talos Energy Price Performance

Shares of TALO stock traded up $0.07 during mid-day trading on Thursday, hitting $8.14. 1,562,101 shares of the stock were exchanged, compared to its average volume of 2,058,906. The firm has a fifty day moving average of $7.85 and a 200 day moving average of $9.19. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 52-week low of $6.23 and a 52-week high of $12.71. The company has a market cap of $1.44 billion, a PE ratio of 15.07 and a beta of 0.65.

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.