GAMMA Investing LLC Has $3.19 Million Holdings in Talos Energy Inc. (NYSE:TALO)

GAMMA Investing LLC grew its holdings in Talos Energy Inc. (NYSE:TALO - Free Report) by 4,379.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,046 shares of the company's stock after purchasing an additional 30,353 shares during the period. GAMMA Investing LLC's holdings in Talos Energy were worth $3,194,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sterling Capital Management LLC raised its holdings in shares of Talos Energy by 787.0% during the fourth quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after acquiring an additional 4,053 shares in the last quarter. Mariner LLC purchased a new stake in shares of Talos Energy during the fourth quarter worth $126,000. Gotham Asset Management LLC acquired a new position in Talos Energy during the fourth quarter worth $127,000. Cibc World Markets Corp bought a new position in Talos Energy during the fourth quarter valued at about $132,000. Finally, Marshall Wace LLP bought a new position in Talos Energy during the fourth quarter valued at about $164,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TALO shares. JPMorgan Chase & Co. cut their target price on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Mizuho cut their target price on Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a report on Tuesday, May 13th. KeyCorp cut their target price on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Finally, Citigroup cut their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $14.25.

Talos Energy Price Performance

Shares of TALO stock traded up $0.24 during trading hours on Friday, hitting $9.35. The company had a trading volume of 4,408,743 shares, compared to its average volume of 2,134,270. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.32 and a beta of 0.69. The firm's fifty day moving average is $7.79 and its 200 day moving average is $8.92. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97.

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.