Victory Capital Management Inc. Has $15.97 Million Stake in Talos Energy Inc. (NYSE:TALO)

Victory Capital Management Inc. cut its holdings in Talos Energy Inc. (NYSE:TALO - Free Report) by 3.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,642,863 shares of the company's stock after selling 54,458 shares during the period. Victory Capital Management Inc. owned approximately 0.92% of Talos Energy worth $15,969,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Signaturefd LLC grew its stake in Talos Energy by 571.3% during the first quarter. Signaturefd LLC now owns 5,612 shares of the company's stock worth $55,000 after buying an additional 4,776 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Talos Energy in the first quarter worth about $1,988,000. MQS Management LLC bought a new position in shares of Talos Energy in the first quarter worth about $138,000. Peirce Capital Management LLC bought a new position in shares of Talos Energy in the first quarter worth about $355,000. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Talos Energy by 14.1% in the first quarter. Concurrent Investment Advisors LLC now owns 60,763 shares of the company's stock worth $591,000 after acquiring an additional 7,506 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TALO shares. KeyCorp dropped 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. Capital One Financial started coverage on shares of Talos Energy in a report on Monday, June 16th. They issued an "overweight" rating and a $14.00 target price for the company. Finally, Mizuho dropped 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. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Talos Energy currently has an average rating of "Moderate Buy" and a consensus price target of $14.25.

Talos Energy Trading Down 0.9%

NYSE:TALO traded down $0.08 on Friday, reaching $8.80. 3,515,819 shares of the stock traded hands, compared to its average volume of 2,557,011. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 58.69 and a beta of 0.71. The company's 50 day moving average is $8.57 and its 200-day moving average is $8.67. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Talos Energy Inc. has a 1-year low of $6.23 and a 1-year high of $12.71.

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.