Quadrant Capital Group LLC Lowers Position in Talos Energy Inc. (NYSE:TALO)

Quadrant Capital Group LLC lowered its position in Talos Energy Inc. (NYSE:TALO) by 57.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,361 shares of the company’s stock after selling 4,571 shares during the period. Quadrant Capital Group LLC’s holdings in Talos Energy were worth $33,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TALO. KBC Group NV lifted its position in Talos Energy by 46.1% during the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after buying an additional 2,515 shares during the period. FMR LLC increased its stake in shares of Talos Energy by 119.2% in the 3rd quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after acquiring an additional 5,653 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after acquiring an additional 7,026 shares during the period. Cibc World Markets Corp bought a new stake in Talos Energy during the fourth quarter worth about $132,000. Finally, Inceptionr LLC grew its holdings in Talos Energy by 75.3% in the fourth quarter. Inceptionr LLC now owns 18,898 shares of the company’s stock worth $184,000 after purchasing an additional 8,118 shares during the period. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Stephens lowered their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. 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 note on Monday, April 7th. Citigroup lowered their price target on Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.33.

Talos Energy Trading Up 4.6 %

NYSE:TALO opened at $7.17 on Friday. The company has a 50 day simple moving average of $8.72 and a two-hundred day simple moving average of $9.84. The company has a market cap of $1.29 billion, a PE ratio of 13.27 and a beta of 1.33. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $14.51.

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.