Guggenheim Capital LLC Sells 306,462 Shares of Talos Energy Inc. (NYSE:TALO)

Guggenheim Capital LLC cut its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 95.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,694 shares of the company's stock after selling 306,462 shares during the quarter. Guggenheim Capital LLC's holdings in Talos Energy were worth $133,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TALO. American Century Companies Inc. raised its holdings in shares of Talos Energy by 14.9% during 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. Charles Schwab Investment Management Inc. lifted its position in shares of Talos Energy by 5.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company's stock worth $20,393,000 after purchasing an additional 101,280 shares during the period. Barclays PLC increased its position in shares of Talos Energy by 31.3% during the fourth quarter. Barclays PLC now owns 1,541,088 shares of the company's stock valued at $14,965,000 after buying an additional 367,323 shares during the period. Thompson Siegel & Walmsley LLC raised its stake in Talos Energy by 19.2% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,346,678 shares of the company's stock worth $13,076,000 after buying an additional 216,921 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Talos Energy by 2.7% during the 4th quarter. Invesco Ltd. now owns 1,121,556 shares of the company's stock valued at $10,890,000 after acquiring an additional 29,708 shares in the last quarter. 89.35% of the stock is owned by institutional investors.

Talos Energy Trading Up 2.7 %

TALO stock traded up $0.19 during midday trading on Friday, reaching $7.32. 1,627,253 shares of the company traded hands, compared to its average volume of 2,042,653. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 13.56 and a beta of 0.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. The business has a 50 day moving average of $8.09 and a 200-day moving average of $9.48. Talos Energy Inc. has a 52-week low of $6.23 and a 52-week high of $13.57.

Analyst Upgrades and Downgrades

TALO has been the subject of a number of research analyst reports. Citigroup lowered their target price on Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Stephens dropped their price objective on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Mizuho lowered their target price on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating for the company in a report on Monday, April 7th. JPMorgan Chase & Co. dropped 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. Finally, KeyCorp reduced their price objective on shares of Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $14.38.

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.