Nuveen Asset Management LLC Sells 179,722 Shares of Talos Energy Inc. (NYSE:TALO)

Nuveen Asset Management LLC reduced its position in Talos Energy Inc. (NYSE:TALO - Free Report) by 32.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 367,308 shares of the company's stock after selling 179,722 shares during the quarter. Nuveen Asset Management LLC owned about 0.20% of Talos Energy worth $3,567,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position 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 valued at $19,106,000 after acquiring an additional 1,497,472 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Talos Energy by 11.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company's stock worth $74,964,000 after buying an additional 763,631 shares in the last quarter. Janus Henderson Group PLC grew its stake in Talos Energy by 1,229.2% in the 4th quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock worth $7,699,000 after buying an additional 732,904 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Talos Energy by 14.9% in the 4th quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock worth $42,991,000 after buying an additional 575,096 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of Talos Energy during the 4th quarter valued at $3,863,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TALO shares. Citigroup reduced their target price 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 decreased their price objective on 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. lowered their price target on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. KeyCorp cut their price target on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Finally, Stephens decreased their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Talos Energy currently has a consensus rating of "Moderate Buy" and an average target price of $14.25.

Talos Energy Price Performance

NYSE TALO traded down $0.26 during trading hours on Wednesday, reaching $8.16. The company's stock had a trading volume of 803,572 shares, compared to its average volume of 2,041,231. Talos Energy Inc. has a 1 year low of $6.23 and a 1 year high of $12.71. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 15.11 and a beta of 0.65. The firm's 50-day moving average price is $7.75 and its 200-day moving average price is $9.07.

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.