Numerai GP LLC Makes New $377,000 Investment in Talos Energy Inc. (NYSE:TALO)

Numerai GP LLC purchased a new position in Talos Energy Inc. (NYSE:TALO) during the 4th quarter, HoldingsChannel reports. The fund purchased 38,829 shares of the company’s stock, valued at approximately $377,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Talos Energy by 1.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,413 shares of the company’s stock worth $800,000 after purchasing an additional 1,403 shares during the last quarter. Moore Capital Management LP acquired a new position in shares of Talos Energy in the fourth quarter valued at approximately $2,039,000. Janus Henderson Group PLC increased its position in shares of Talos Energy by 1,229.2% during the fourth quarter. Janus Henderson Group PLC now owns 792,528 shares of the company’s stock worth $7,699,000 after acquiring an additional 732,904 shares during the period. Gotham Asset Management LLC acquired a new stake in Talos Energy in the 4th quarter valued at about $127,000. Finally, Deutsche Bank AG raised its holdings in Talos Energy by 48.4% in the fourth quarter. Deutsche Bank AG now owns 126,388 shares of the company’s stock valued at $1,227,000 after acquiring an additional 41,203 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price target on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Mizuho reduced their price objective on Talos Energy from $12.00 to $11.00 and set an “outperform” rating for the company in a research note on Tuesday. Stephens dropped their price target 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. Citigroup lowered their price objective on Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Finally, KeyCorp cut their target price on Talos Energy from $16.00 to $12.00 and set an “overweight” rating for the company in a research note on Monday, April 21st. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $14.25.

Talos Energy Stock Down 3.0%

Shares of NYSE TALO opened at $8.41 on Friday. The firm has a 50-day moving average price of $7.98 and a 200 day moving average price of $9.36. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 15.57 and a beta of 0.65. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 52 week low of $6.23 and a 52 week high of $12.71.

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.