Capricorn Fund Managers Ltd Has $106,000 Stock Position in Talos Energy Inc. $TALO

Capricorn Fund Managers Ltd reduced its position in shares of Talos Energy Inc. (NYSE:TALO) by 37.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,500 shares of the company’s stock after selling 7,500 shares during the quarter. Capricorn Fund Managers Ltd’s holdings in Talos Energy were worth $106,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TALO. GAMMA Investing LLC raised its stake in Talos Energy by 360.9% during the 1st quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock worth $31,000 after buying an additional 2,501 shares during the period. Parallel Advisors LLC increased its holdings in Talos Energy by 2,601.0% during the 1st quarter. Parallel Advisors LLC now owns 5,321 shares of the company’s stock worth $52,000 after purchasing an additional 5,124 shares in the last quarter. Signaturefd LLC increased its holdings in Talos Energy by 571.3% during the 1st quarter. Signaturefd LLC now owns 5,612 shares of the company’s stock worth $55,000 after purchasing an additional 4,776 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Talos Energy during the 1st quarter worth approximately $65,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Talos Energy during the 1st quarter worth approximately $98,000. 89.35% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Talos Energy news, Director Paula R. Glover sold 6,159 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $9.69, for a total transaction of $59,680.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on TALO shares. Mizuho reissued a “neutral” rating and set a $11.00 price objective on shares of Talos Energy in a report on Monday, September 15th. Capital One Financial started coverage on Talos Energy in a report on Monday, June 16th. They set an “overweight” rating and a $14.00 price objective for the company. Wall Street Zen lowered Talos Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Talos Energy in a report on Saturday, September 27th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.43.

Talos Energy Price Performance

Shares of NYSE TALO opened at $9.88 on Friday. The stock has a fifty day simple moving average of $9.14 and a two-hundred day simple moving average of $8.56. Talos Energy Inc. has a 1-year low of $6.23 and a 1-year high of $12.71. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of -10.18 and a beta of 0.74. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.49.

Talos Energy (NYSE:TALO) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.06. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%.The business had revenue of $424.72 million during the quarter, compared to analyst estimates of $443.53 million. During the same period in the prior year, the company earned $0.03 earnings per share. Talos Energy’s revenue was down 22.7% compared to the same quarter last year. Analysts anticipate that Talos Energy Inc. will post -0.44 earnings per share for the current year.

About Talos Energy

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.