Thompson Siegel & Walmsley LLC Raises Stock Holdings in Talos Energy Inc. (NYSE:TALO)

Thompson Siegel & Walmsley LLC lifted its holdings in shares of Talos Energy Inc. (NYSE:TALO - Free Report) by 35.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 632,015 shares of the company's stock after purchasing an additional 165,753 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.51% of Talos Energy worth $8,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State of New Jersey Common Pension Fund D boosted its position in Talos Energy by 25.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 181,473 shares of the company's stock valued at $2,582,000 after buying an additional 36,890 shares in the last quarter. Glenmede Trust Co. NA grew its position in Talos Energy by 24.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 793,633 shares of the company's stock worth $13,047,000 after acquiring an additional 155,215 shares during the last quarter. Trexquant Investment LP acquired a new position in Talos Energy in the 3rd quarter worth about $1,850,000. Assenagon Asset Management S.A. bought a new position in Talos Energy in the third quarter valued at about $1,168,000. Finally, Illinois Municipal Retirement Fund acquired a new stake in shares of Talos Energy during the third quarter valued at about $1,029,000. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Talos Energy

In other news, insider Control Empresarial De Capital bought 468,729 shares of the firm's stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the transaction, the insider now directly owns 35,216,510 shares of the company's stock, valued at approximately $449,714,832.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.77% of the company's stock.

Wall Street Analyst Weigh In

TALO has been the subject of several recent research reports. Stifel Nicolaus upped their price target on shares of Talos Energy from $17.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, April 23rd. Benchmark cut their price objective on Talos Energy from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Tuesday, May 7th. KeyCorp increased their target price on shares of Talos Energy from $20.00 to $21.00 and gave the company an "overweight" rating in a research report on Monday, April 22nd. Stephens dropped their price target on shares of Talos Energy from $26.00 to $24.00 and set an "overweight" rating on the stock in a research report on Tuesday, May 7th. Finally, TheStreet lowered shares of Talos Energy from a "b-" rating to a "c+" rating in a research note on Tuesday, March 19th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $20.94.

Talos Energy Trading Down 3.2 %

Shares of Talos Energy stock traded down $0.41 on Friday, reaching $12.49. 1,537,899 shares of the company's stock were exchanged, compared to its average volume of 1,370,444. The company has a market capitalization of $2.30 billion, a P/E ratio of 178.43 and a beta of 1.99. Talos Energy Inc. has a 52 week low of $11.24 and a 52 week high of $17.59. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.73 and a current ratio of 0.78. The firm's 50-day moving average is $13.45 and its two-hundred day moving average is $13.56.

Talos Energy (NYSE:TALO - Get Free Report) last issued its earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.26). Talos Energy had a negative return on equity of 0.16% and a negative net margin of 0.96%. The company had revenue of $384.96 million for the quarter, compared to the consensus estimate of $386.90 million. Sell-side analysts predict that Talos Energy Inc. will post -0.04 EPS for the current fiscal year.

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.