Two Sigma Investments LP Has $989,000 Position in Talos Energy Inc. (NYSE:TALO)

Two Sigma Investments LP reduced its stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 57.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 101,874 shares of the company's stock after selling 137,787 shares during the quarter. Two Sigma Investments LP owned 0.06% of Talos Energy worth $989,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. raised its position in Talos Energy by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 603,337 shares of the company's stock valued at $5,858,000 after purchasing an additional 15,686 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Talos Energy by 4.1% in the 4th quarter. Empowered Funds LLC now owns 1,077,677 shares of the company's stock valued at $10,464,000 after purchasing an additional 42,606 shares during the last quarter. New York State Teachers Retirement System raised its holdings in shares of Talos Energy by 16.1% during the 4th quarter. New York State Teachers Retirement System now owns 45,647 shares of the company's stock worth $443,000 after buying an additional 6,335 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Talos Energy by 2.7% during the 4th quarter. Invesco Ltd. now owns 1,121,556 shares of the company's stock worth $10,890,000 after buying an additional 29,708 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Talos Energy by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company's stock valued at $20,393,000 after buying an additional 101,280 shares in the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their target price on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. KeyCorp decreased their price target on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. 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. Finally, Mizuho reduced their price objective on shares of Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 13th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Talos Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.25.

Talos Energy Trading Up 1.8%

Shares of NYSE TALO traded up $0.14 during midday trading on Friday, reaching $8.02. The stock had a trading volume of 5,457,886 shares, compared to its average volume of 2,081,916. The company's 50 day moving average price is $7.66 and its 200 day moving average price is $9.01. 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 Inc. has a twelve month low of $6.23 and a twelve month high of $12.71. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 14.85 and a beta of 0.69.

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.