Renaissance Technologies LLC Has $1.96 Million Stock Position in Talos Energy Inc. (NYSE:TALO)

Renaissance Technologies LLC grew its holdings in Talos Energy Inc. (NYSE:TALO - Free Report) by 28.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,500 shares of the company's stock after acquiring an additional 44,315 shares during the period. Renaissance Technologies LLC owned about 0.11% of Talos Energy worth $1,957,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Barclays PLC grew its stake in Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company's stock worth $12,149,000 after purchasing an additional 210,687 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Talos Energy by 2.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company's stock valued at $1,086,000 after buying an additional 2,192 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Talos Energy by 182.1% in the fourth 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 last quarter. SG Americas Securities LLC acquired a new stake in Talos Energy during the fourth quarter worth about $592,000. Finally, KBC Group NV grew its holdings in Talos Energy by 46.1% during the fourth quarter. KBC Group NV now owns 7,970 shares of the company's stock worth $77,000 after acquiring an additional 2,515 shares during the period. Institutional investors own 89.35% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Citigroup cut their target price on shares of Talos Energy from $14.50 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. JPMorgan Chase & Co. decreased their price objective on shares of Talos Energy from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. KeyCorp decreased their target price on Talos Energy from $16.00 to $12.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Stephens decreased their price objective on Talos Energy from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Finally, Mizuho cut their target price on shares of Talos Energy from $15.00 to $12.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Talos Energy currently has a consensus rating of "Moderate Buy" and an average price target of $14.38.

Talos Energy Price Performance

Shares of Talos Energy stock traded up $0.27 on Thursday, hitting $7.15. The company had a trading volume of 339,015 shares, compared to its average volume of 2,033,494. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $13.57. The company has a market cap of $1.28 billion, a PE ratio of 13.23 and a beta of 1.33. The business has a 50-day simple moving average of $8.15 and a 200-day simple moving average of $9.52. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.

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.