Squarepoint Ops LLC Purchases 285,424 Shares of Talos Energy Inc. (NYSE:TALO)

Squarepoint Ops LLC lifted its holdings in Talos Energy Inc. (NYSE:TALO - Free Report) by 279.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 387,405 shares of the company's stock after purchasing an additional 285,424 shares during the period. Squarepoint Ops LLC owned about 0.22% of Talos Energy worth $3,762,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Sterling Capital Management LLC grew its stake 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 worth $44,000 after purchasing an additional 4,053 shares during the last quarter. KBC Group NV boosted its holdings in shares of Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after buying an additional 2,515 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Talos Energy by 182.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock worth $106,000 after buying an additional 7,026 shares during the period. Mariner LLC acquired a new position in shares of Talos Energy in the fourth quarter worth about $126,000. Finally, Gotham Asset Management LLC acquired a new position in shares of Talos Energy in the fourth quarter worth about $127,000. Institutional investors and hedge funds own 89.35% of the company's stock.

Analysts Set New Price Targets

TALO has been the subject of several recent analyst reports. Stephens decreased their target price on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Citigroup decreased their target price on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a report on Tuesday, March 4th. Mizuho decreased their target price on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating for the company in a report on Tuesday, May 13th. KeyCorp decreased their target price on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, JPMorgan Chase & Co. decreased their target price on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $14.25.

Talos Energy Stock Down 1.2%

NYSE TALO traded down $0.10 during trading on Friday, reaching $8.05. The company's stock had a trading volume of 1,366,231 shares, compared to its average volume of 2,050,456. 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 stock has a market capitalization of $1.43 billion, a PE ratio of 14.91 and a beta of 0.65. The business has a 50-day moving average price of $7.81 and a 200-day moving average price of $9.12. Talos Energy Inc. has a 1-year low of $6.23 and a 1-year high of $12.71.

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.