Northern Trust Corp Has $13.72 Million Position in Talos Energy Inc. (NYSE:TALO)

Northern Trust Corp raised its position in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,412,965 shares of the company's stock after purchasing an additional 79,746 shares during the period. Northern Trust Corp owned 0.79% of Talos Energy worth $13,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sterling Capital Management LLC raised its stake in shares of Talos Energy by 787.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock valued at $44,000 after acquiring an additional 4,053 shares in the last quarter. KBC Group NV increased its position in Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after buying an additional 2,515 shares during the period. Nisa Investment Advisors LLC increased its position in Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company's stock worth $106,000 after buying an additional 7,026 shares during the period. Mariner LLC bought a new position in Talos Energy in the 4th quarter worth approximately $126,000. Finally, Cibc World Markets Corp bought a new position in Talos Energy in the 4th quarter worth approximately $132,000. 89.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Stephens decreased their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Citigroup decreased 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. Mizuho decreased 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, May 13th. KeyCorp decreased their price target on Talos Energy from $16.00 to $12.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Finally, JPMorgan Chase & Co. decreased their price target on Talos Energy from $14.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Talos Energy currently has a consensus rating of "Moderate Buy" and an average target price of $14.25.

Talos Energy Stock Performance

Shares of NYSE TALO traded down $0.12 during trading hours on Monday, reaching $8.17. 1,489,677 shares of the stock were exchanged, compared to its average volume of 2,064,418. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 15.13 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. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $12.71. The stock's fifty day simple moving average is $7.98 and its 200 day simple moving average is $9.34.

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.