Talos Energy Inc. (NYSE:TALO) Shares Acquired by Texas Permanent School Fund

Texas Permanent School Fund lifted its position in shares of Talos Energy Inc. (NYSE:TALOGet Rating) by 2.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 29,827 shares of the company’s stock after acquiring an additional 802 shares during the period. Texas Permanent School Fund’s holdings in Talos Energy were worth $461,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. acquired a new position in shares of Talos Energy during the 1st quarter worth $41,000. US Bancorp DE raised its stake in Talos Energy by 39.2% in the 1st quarter. US Bancorp DE now owns 2,811 shares of the company’s stock valued at $44,000 after purchasing an additional 791 shares during the last quarter. Captrust Financial Advisors raised its stake in Talos Energy by 85.6% in the 1st quarter. Captrust Financial Advisors now owns 3,360 shares of the company’s stock valued at $53,000 after purchasing an additional 1,550 shares during the last quarter. KBC Group NV acquired a new position in Talos Energy in the 2nd quarter valued at about $57,000. Finally, Dupont Capital Management Corp acquired a new position in Talos Energy in the 2nd quarter valued at about $176,000. Institutional investors and hedge funds own 92.31% of the company’s stock.

Talos Energy Stock Up 4.6 %

TALO opened at $20.66 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 3.76 and a beta of 2.30. The business has a 50-day moving average of $20.04 and a two-hundred day moving average of $19.22. Talos Energy Inc. has a 12 month low of $8.57 and a 12 month high of $25.49.

Talos Energy (NYSE:TALOGet Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.28 by $0.42. The company had revenue of $377.13 million during the quarter, compared to analysts’ expectations of $324.51 million. Talos Energy had a return on equity of 28.61% and a net margin of 27.18%. On average, research analysts expect that Talos Energy Inc. will post 3.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TALO has been the subject of several analyst reports. TheStreet raised shares of Talos Energy from a “c-” rating to a “b-” rating in a research note on Thursday, August 4th. Stifel Nicolaus initiated coverage on shares of Talos Energy in a research note on Wednesday, October 19th. They issued a “buy” rating and a $27.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.92.

Talos Energy Profile

(Get Rating)

Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production of oil and natural gas properties in the United States Gulf of Mexico and offshore Mexico. As of December 31, 2021, the company had proved reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas, and 14,435 thousand barrels of crude oil.

Read More

Want to see what other hedge funds are holding TALO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Talos Energy Inc. (NYSE:TALOGet Rating).

Institutional Ownership by Quarter for Talos Energy (NYSE:TALO)

Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.