UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $18.25 Million Stock Position in Talos Energy Inc. (NYSE:TALO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,879,291 shares of the company's stock after purchasing an additional 61,572 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.04% of Talos Energy worth $18,248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of TALO. Ameriprise Financial Inc. grew its position in Talos Energy by 318.5% in the 4th quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company's stock valued at $19,106,000 after buying an additional 1,497,472 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 acquiring an additional 763,631 shares during the period. Janus Henderson Group PLC lifted its stake in shares of 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 acquiring an additional 732,904 shares during the period. American Century Companies Inc. boosted its holdings in shares of Talos Energy by 14.9% in the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company's stock valued at $42,991,000 after acquiring an additional 575,096 shares in the last quarter. Finally, Trexquant Investment LP bought a new position in shares of Talos Energy in the fourth quarter valued at approximately $3,863,000. 89.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TALO shares. Stephens cut their target price on Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. Mizuho lowered their price target 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. reduced their price objective on 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 decreased their price objective on 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, Citigroup dropped 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 research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.25.

Talos Energy Stock Down 0.1%

TALO stock traded down $0.01 during mid-day trading on Monday, hitting $8.04. The stock had a trading volume of 1,320,279 shares, compared to its average volume of 2,047,524. Talos Energy Inc. has a 1-year low of $6.23 and a 1-year high of $12.71. The company has a fifty day moving average of $7.78 and a 200 day moving average of $9.08. 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 $1.42 billion, a price-to-earnings ratio of 14.88 and a beta of 0.65.

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.