Moore Capital Management LP Makes New $2.04 Million Investment in Talos Energy Inc. (NYSE:TALO)

Moore Capital Management LP purchased a new stake in shares of Talos Energy Inc. (NYSE:TALO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 210,000 shares of the company's stock, valued at approximately $2,039,000. Moore Capital Management LP owned about 0.12% of Talos Energy at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TALO. Janus Henderson Group PLC boosted its position in shares of Talos Energy by 1,229.2% during the 4th quarter. Janus Henderson Group PLC now owns 792,528 shares of the company's stock valued at $7,699,000 after purchasing an additional 732,904 shares in the last quarter. Gotham Asset Management LLC bought a new position in shares of Talos Energy during the 4th quarter worth approximately $127,000. Deutsche Bank AG grew its position in shares of Talos Energy by 48.4% during the 4th quarter. Deutsche Bank AG now owns 126,388 shares of the company's stock worth $1,227,000 after buying an additional 41,203 shares during the period. Balyasny Asset Management L.P. grew its position in shares of Talos Energy by 94.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 21,394 shares of the company's stock worth $208,000 after buying an additional 10,366 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of 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 acquiring an additional 1,497,472 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Stock Down 1.5%

TALO traded down $0.13 during midday trading on Friday, reaching $8.29. 1,348,952 shares of the company were exchanged, compared to its average volume of 2,064,925. Talos Energy Inc. has a one year low of $6.23 and a one year high of $12.71. 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 company's fifty day moving average price is $7.98 and its 200 day moving average price is $9.36. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 15.35 and a beta of 0.65.

Wall Street Analyst Weigh In

TALO has been the topic of several research analyst reports. Stephens cut their target price 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. JPMorgan Chase & Co. reduced their target price 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. Mizuho dropped their price target on Talos Energy from $12.00 to $11.00 and set an "outperform" rating on the stock in a research note on Tuesday. Citigroup reduced their price objective 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. Finally, KeyCorp decreased their price objective on Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Talos Energy has a consensus rating of "Moderate Buy" and a consensus target price of $14.25.

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.