Talos Energy Inc. (NYSE:TALO) Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC lessened its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 24.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 500,918 shares of the company's stock after selling 165,254 shares during the quarter. Peregrine Capital Management LLC owned about 0.40% of Talos Energy worth $7,128,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Public Employees Retirement System of Ohio increased its stake in Talos Energy by 37.6% in the third quarter. Public Employees Retirement System of Ohio now owns 1,756 shares of the company's stock valued at $29,000 after acquiring an additional 480 shares during the last quarter. US Bancorp DE raised its stake in shares of Talos Energy by 39.2% during the first quarter. US Bancorp DE now owns 2,811 shares of the company's stock worth $44,000 after acquiring an additional 791 shares in the last quarter. Yousif Capital Management LLC raised its position in Talos Energy by 2.4% in the 1st quarter. Yousif Capital Management LLC now owns 38,007 shares of the company's stock worth $600,000 after purchasing an additional 895 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Talos Energy by 13.2% in the third quarter. PNC Financial Services Group Inc. now owns 7,755 shares of the company's stock worth $127,000 after buying an additional 903 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Talos Energy by 4.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,612 shares of the company's stock valued at $446,000 after acquiring an additional 943 shares during the last quarter. Hedge funds and other institutional investors own 89.35% of the company's stock.

Talos Energy Stock Performance

Talos Energy stock traded down $0.16 during midday trading on Thursday, reaching $14.20. 1,429,422 shares of the company traded hands, compared to its average volume of 2,154,525. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.73 and a quick ratio of 0.73. Talos Energy Inc. has a 12 month low of $10.69 and a 12 month high of $17.59. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 8.77 and a beta of 2.01. The business has a 50 day moving average of $13.19 and a two-hundred day moving average of $13.97.

Talos Energy (NYSE:TALO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.22 by ($0.26). Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. The firm had revenue of $384.96 million during the quarter, compared to the consensus estimate of $386.90 million. As a group, research analysts predict that Talos Energy Inc. will post -0.05 earnings per share for the current year.

Insider Activity at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital purchased 19,658,119 shares of the company's stock in a transaction dated Wednesday, January 17th. The shares were acquired at an average price of $11.70 per share, for a total transaction of $229,999,992.30. Following the purchase, the insider now directly owns 34,747,781 shares of the company's stock, valued at approximately $406,549,037.70. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.98% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TALO has been the subject of a number of recent analyst reports. KeyCorp lowered their price target on shares of Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Thursday, January 11th. TheStreet cut shares of Talos Energy from a "b-" rating to a "c+" rating in a report on Tuesday, March 19th. Benchmark reduced their price objective on shares of Talos Energy from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 17th. Stifel Nicolaus reissued a "buy" rating and issued a $17.00 price target (down from $20.00) on shares of Talos Energy in a research note on Friday, March 22nd. Finally, Citigroup assumed coverage on Talos Energy in a research report on Friday, March 22nd. They set a "buy" rating and a $16.50 price objective on the stock. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $20.19.

Talos Energy Company 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.