Barclays PLC Raises Holdings in Talos Energy Inc. (NYSE:TALO)

Barclays PLC lifted its holdings in shares of Talos Energy Inc. (NYSE:TALOFree Report) by 75.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 289,366 shares of the company’s stock after buying an additional 124,731 shares during the period. Barclays PLC owned approximately 0.23% of Talos Energy worth $4,757,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. lifted its position in Talos Energy by 63.7% during the 2nd quarter. BlackRock Inc. now owns 17,509,525 shares of the company’s stock worth $242,857,000 after acquiring an additional 6,816,430 shares during the period. Vanguard Group Inc. grew its position in Talos Energy by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,618,049 shares of the company’s stock valued at $110,191,000 after buying an additional 1,114,802 shares during the last quarter. State Street Corp increased its stake in Talos Energy by 43.3% in the 2nd quarter. State Street Corp now owns 6,580,572 shares of the company’s stock valued at $91,273,000 after buying an additional 1,989,850 shares during the period. Sourcerock Group LLC raised its position in Talos Energy by 22.6% during the 2nd quarter. Sourcerock Group LLC now owns 5,722,517 shares of the company’s stock worth $79,371,000 after buying an additional 1,055,169 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Talos Energy by 20.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,453,949 shares of the company’s stock worth $66,096,000 after acquiring an additional 754,860 shares during the period. Hedge funds and other institutional investors own 97.11% of the company’s stock.

Talos Energy Trading Down 0.3 %

Shares of TALO stock opened at $12.29 on Friday. The stock has a market cap of $1.52 billion, a P/E ratio of 12.80 and a beta of 2.05. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.49. Talos Energy Inc. has a fifty-two week low of $10.69 and a fifty-two week high of $19.51. The business has a fifty day simple moving average of $13.35 and a 200-day simple moving average of $14.96.

Insider Buying and Selling at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital purchased 140,251 shares of Talos Energy stock in a transaction on Monday, November 13th. The shares were bought at an average price of $14.20 per share, with a total value of $1,991,564.20. Following the completion of the acquisition, the insider now directly owns 15,089,662 shares of the company’s stock, valued at $214,273,200.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.79% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TALO. KeyCorp cut their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, January 11th. Benchmark decreased their price target on Talos Energy from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 17th. Canaccord Genuity Group began coverage on Talos Energy in a research report on Tuesday, November 21st. They issued a “buy” rating and a $24.00 price objective for the company. Stifel Nicolaus decreased their target price on shares of Talos Energy from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, November 20th. Finally, Canaccord Genuity Group initiated coverage on shares of Talos Energy in a report on Tuesday, November 21st. They issued a “buy” rating and a $24.00 price target for the company. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $21.14.

Get Our Latest Stock Analysis on TALO

Talos Energy Profile

(Free Report)

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 activities. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.

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

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