Thompson Siegel & Walmsley LLC Purchases 239,996 Shares of Talos Energy Inc. (NYSE:TALO)

Thompson Siegel & Walmsley LLC boosted its position in Talos Energy Inc. (NYSE:TALO) by 37.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 880,345 shares of the company’s stock after purchasing an additional 239,996 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.48% of Talos Energy worth $10,696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC boosted its position in shares of Talos Energy by 51.9% during the second quarter. Signaturefd LLC now owns 2,685 shares of the company’s stock valued at $33,000 after buying an additional 917 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Talos Energy during the 1st quarter valued at about $50,000. Nisa Investment Advisors LLC grew its stake in shares of Talos Energy by 91.1% in the second quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company’s stock worth $57,000 after acquiring an additional 2,235 shares during the period. Sandia Investment Management LP bought a new position in Talos Energy during the first quarter valued at approximately $70,000. Finally, Quadrant Capital Group LLC lifted its position in Talos Energy by 44.3% during the fourth quarter. Quadrant Capital Group LLC now owns 5,640 shares of the company’s stock valued at $80,000 after purchasing an additional 1,731 shares during the period. Hedge funds and other institutional investors own 89.35% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TALO. Stephens reiterated an “overweight” rating and set a $24.00 target price on shares of Talos Energy in a research note on Wednesday, July 10th. The Goldman Sachs Group initiated coverage on Talos Energy in a research report on Monday, July 22nd. They set a “buy” rating and a $14.00 price objective for the company. Finally, Benchmark reissued a “buy” rating and issued a $20.00 target price on shares of Talos Energy in a research report on Thursday, August 8th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $20.31.

Talos Energy Price Performance

NYSE:TALO opened at $11.04 on Monday. The business’s 50-day moving average is $11.45 and its 200 day moving average is $12.18. Talos Energy Inc. has a 12 month low of $9.81 and a 12 month high of $17.14. The company has a market capitalization of $1.99 billion, a P/E ratio of 157.71 and a beta of 1.94. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.53.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.16. Talos Energy had a negative return on equity of 0.21% and a negative net margin of 0.93%. The business had revenue of $549.17 million for the quarter, compared to analysts’ expectations of $516.61 million. During the same period in the prior year, the firm earned $0.06 EPS. The company’s revenue for the quarter was up 49.6% on a year-over-year basis. On average, equities research analysts forecast that Talos Energy Inc. will post -0.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital bought 250,000 shares of Talos Energy stock in a transaction dated Tuesday, July 30th. The shares were purchased at an average cost of $11.40 per share, for a total transaction of $2,850,000.00. Following the acquisition, the insider now directly owns 38,222,904 shares in the company, valued at approximately $435,741,105.60. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders acquired 2,069,000 shares of company stock worth $22,510,130 over the last 90 days. 0.77% of the stock is owned by insiders.

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.