Talos Energy Inc. (NYSE:TALO) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its holdings in shares of Talos Energy Inc. (NYSE:TALO – Get Rating) by 10.3% in the fourth quarter, Holdings Channel reports. The firm owned 117,820 shares of the company’s stock after selling 13,519 shares during the quarter. Russell Investments Group Ltd.’s holdings in Talos Energy were worth $2,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio boosted its stake in Talos Energy by 37.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,756 shares of the company’s stock worth $29,000 after purchasing an additional 480 shares during the period. US Bancorp DE boosted its stake in Talos Energy by 39.2% during the 1st quarter. US Bancorp DE now owns 2,811 shares of the company’s stock worth $44,000 after purchasing an additional 791 shares during the period. Captrust Financial Advisors boosted its stake in Talos Energy by 85.6% during the 1st quarter. Captrust Financial Advisors now owns 3,360 shares of the company’s stock worth $53,000 after purchasing an additional 1,550 shares during the period. KBC Group NV boosted its stake in Talos Energy by 42.6% during the 3rd quarter. KBC Group NV now owns 5,273 shares of the company’s stock worth $88,000 after purchasing an additional 1,576 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Talos Energy by 291.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,915 shares of the company’s stock worth $107,000 after purchasing an additional 5,148 shares during the period. Institutional investors and hedge funds own 96.24% of the company’s stock.

Insider Buying and Selling at Talos Energy

In other Talos Energy news, major shareholder Bcc Enven Investments (S), L.P sold 363,804 shares of the firm’s stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of $14.50, for a total transaction of $5,275,158.00. Following the completion of the transaction, the insider now directly owns 15,145,377 shares in the company, valued at approximately $219,607,966.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.79% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on TALO. Stephens began coverage on shares of Talos Energy in a research report on Monday, April 24th. They set an “overweight” rating and a $21.00 price objective for the company. Roth Capital restated a “buy” rating on shares of Talos Energy in a research report on Tuesday, February 28th. KeyCorp upped their price objective on shares of Talos Energy from $18.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, April 21st. TheStreet downgraded shares of Talos Energy from a “b-” rating to a “c” rating in a research report on Tuesday, February 28th. Finally, Stifel Nicolaus cut their price objective on shares of Talos Energy from $24.00 to $22.00 in a research report on Friday. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Talos Energy currently has an average rating of “Buy” and a consensus price target of $25.40.

Talos Energy Stock Performance

Shares of TALO opened at $12.07 on Friday. The company has a 50-day simple moving average of $13.51 and a 200-day simple moving average of $17.09. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $1.52 billion, a PE ratio of 1.95 and a beta of 2.21. Talos Energy Inc. has a 52-week low of $10.69 and a 52-week high of $25.49.

Talos Energy (NYSE:TALO – Get Rating) last posted its earnings results on Tuesday, February 28th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.42). Talos Energy had a net margin of 34.48% and a return on equity of 12.36%. The business had revenue of $342.20 million for the quarter, compared to analysts’ expectations of $350.00 million. Equities research analysts predict that Talos Energy Inc. will post 1.3 earnings per share for the current fiscal year.

Talos Energy Profile

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Talos Energy, Inc operates as a holding company. The firm engages in the exploration and production of oil and natural gas. It focuses on the exploration, acquisition, exploitation and development of shallow and deepwater assets near existing infrastructure in the United State Gulf of Mexico. The company was founded by John A.