Talos Energy Inc. (NYSE:TALO) Shares Sold by Graham Capital Management L.P.

Graham Capital Management L.P. lessened its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 47.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 225,156 shares of the company’s stock after selling 200,979 shares during the quarter. Graham Capital Management L.P. owned 0.13% of Talos Energy worth $2,186,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sterling Capital Management LLC grew its position in Talos Energy by 787.0% in the fourth quarter. Sterling Capital Management LLC now owns 4,568 shares of the company’s stock valued at $44,000 after acquiring an additional 4,053 shares in the last quarter. KBC Group NV grew its position in Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after acquiring an additional 2,515 shares in the last quarter. Nisa Investment Advisors LLC grew its position in Talos Energy by 182.1% in the fourth 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 in the last quarter. Mariner LLC acquired a new stake in Talos Energy in the fourth quarter valued at approximately $126,000. Finally, Cibc World Markets Corp acquired a new stake in Talos Energy in the fourth quarter valued at approximately $132,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Stock Performance

Shares of TALO opened at $8.15 on Monday. The business’s fifty day moving average price is $7.98 and its 200 day moving average price is $9.40. Talos Energy Inc. has a 12-month low of $6.23 and a 12-month high of $12.71. The stock has a market capitalization of $1.45 billion, a PE ratio of 15.09 and a beta of 0.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TALO shares. Citigroup reduced their target price 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. Stephens reduced their target price on Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Mizuho reduced their target price on Talos Energy from $15.00 to $12.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. KeyCorp reduced 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. Finally, JPMorgan Chase & Co. reduced their target price on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.38.

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.