Talos Energy Inc. (NYSE:TALO) Shares Bought by Adage Capital Partners GP L.L.C.

Adage Capital Partners GP L.L.C. raised its stake in Talos Energy Inc. (NYSE:TALO - Free Report) by 65.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 812,348 shares of the company's stock after purchasing an additional 322,500 shares during the quarter. Adage Capital Partners GP L.L.C. owned about 0.45% of Talos Energy worth $7,888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sterling Capital Management LLC increased its stake in Talos Energy by 787.0% during the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company's stock worth $44,000 after buying an additional 4,053 shares during the period. KBC Group NV increased its position in shares of 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 last quarter. Nisa Investment Advisors LLC lifted 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 acquiring an additional 7,026 shares in the last quarter. Mariner LLC purchased a new position in Talos Energy in the fourth quarter valued at about $126,000. Finally, Cibc World Markets Corp purchased a new position in Talos Energy in the fourth quarter valued at about $132,000. Institutional investors and hedge funds own 89.35% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TALO. Mizuho cut their target price on Talos Energy from $15.00 to $12.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Stephens reduced their price objective 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. 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 report on Thursday, March 13th. KeyCorp cut their target price on shares of 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, Citigroup decreased their price target 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. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $14.38.

Talos Energy Stock Performance

Shares of TALO traded up $0.19 during midday trading on Friday, hitting $7.32. 1,627,253 shares of the stock traded hands, compared to its average volume of 2,045,677. The business's 50 day moving average price is $8.09 and its two-hundred day moving average price is $9.47. The firm has a market capitalization of $1.31 billion, a PE ratio of 13.56 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 1-year low of $6.23 and a 1-year high of $13.57.

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.