Talos Energy Inc. (NYSE:TALO) Position Increased by Keating Investment Counselors Inc.

Keating Investment Counselors Inc. boosted its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 5.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 240,680 shares of the company’s stock after buying an additional 11,755 shares during the quarter. Talos Energy comprises 0.7% of Keating Investment Counselors Inc.’s portfolio, making the stock its 28th biggest holding. Keating Investment Counselors Inc. owned 0.13% of Talos Energy worth $2,337,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TALO. Principal Financial Group Inc. lifted its holdings in Talos Energy by 2.7% during the 4th quarter. Principal Financial Group Inc. now owns 603,337 shares of the company’s stock worth $5,858,000 after buying an additional 15,686 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in Talos Energy by 13.8% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 190,314 shares of the company’s stock worth $1,848,000 after purchasing an additional 23,065 shares during the last quarter. Congress Asset Management Co. grew its stake in Talos Energy by 8.4% in the fourth quarter. Congress Asset Management Co. now owns 385,686 shares of the company’s stock valued at $3,745,000 after acquiring an additional 29,743 shares during the period. New York State Teachers Retirement System boosted its holdings in Talos Energy by 16.1% during the fourth quarter. New York State Teachers Retirement System now owns 45,647 shares of the company’s stock worth $443,000 after purchasing an additional 6,335 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in Talos Energy by 4.1% in the 4th quarter. Empowered Funds LLC now owns 1,077,677 shares of the company’s stock worth $10,464,000 after buying an additional 42,606 shares during the period. 89.35% of the stock is owned by institutional investors.

Talos Energy Price Performance

Shares of TALO opened at $9.35 on Tuesday. The business’s 50-day moving average is $9.88 and its 200-day moving average is $10.60. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. Talos Energy Inc. has a fifty-two week low of $8.89 and a fifty-two week high of $14.67. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 17.31 and a beta of 1.89.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TALO shares. JPMorgan Chase & Co. initiated coverage on shares of Talos Energy in a research note on Thursday, December 5th. They issued a “neutral” rating and a $12.00 price target on the stock. Citigroup boosted their target price on Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research report on Thursday, November 14th. Mizuho cut their price objective on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Stephens decreased their price target on Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Finally, Benchmark reaffirmed a “buy” rating and issued a $20.00 price target on shares of Talos Energy in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.83.

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.