Talos Energy Inc. (NYSE:TALO) Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC decreased its stake in shares of Talos Energy Inc. (NYSE:TALO) by 60.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 80,000 shares of the company’s stock after selling 120,000 shares during the period. IPG Investment Advisors LLC’s holdings in Talos Energy were worth $777,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TALO. Virtus Investment Advisers Inc. bought a new position in Talos Energy during the 3rd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Talos Energy during the third quarter worth $75,000. KBC Group NV boosted its holdings in Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock worth $77,000 after purchasing an additional 2,515 shares during the period. Nisa Investment Advisors LLC increased its stake in Talos Energy by 182.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after purchasing an additional 7,026 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Talos Energy by 119.2% during the third quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after purchasing an additional 5,653 shares during the period. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their price target on Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Citigroup reduced their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Mizuho dropped their price objective on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Finally, Stephens reduced their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $15.56.

Talos Energy Trading Down 0.9 %

Talos Energy stock opened at $9.52 on Friday. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 17.64 and a beta of 1.79. Talos Energy Inc. has a 1 year low of $8.05 and a 1 year high of $14.67. The firm’s 50 day moving average price is $9.29 and its two-hundred day moving average price is $10.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97.

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.