American Century Companies Inc. boosted its stake in Talos Energy Inc. (NYSE:TALO – Free Report) by 34.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,053,588 shares of the company’s stock after buying an additional 270,526 shares during the period. American Century Companies Inc. owned 0.84% of Talos Energy worth $15,635,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its position in Talos Energy by 23.7% in the 3rd quarter. BlackRock Inc. now owns 10,895,460 shares of the company’s stock valued at $181,409,000 after purchasing an additional 2,088,043 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Talos Energy by 20.3% in the third quarter. Vanguard Group Inc. now owns 6,618,049 shares of the company’s stock valued at $110,191,000 after purchasing an additional 1,114,802 shares during the period. State Street Corp raised its holdings in shares of Talos Energy by 2.9% during the third quarter. State Street Corp now owns 4,778,009 shares of the company’s stock valued at $79,554,000 after buying an additional 134,436 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Talos Energy by 10.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,699,089 shares of the company’s stock worth $69,839,000 after buying an additional 358,598 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in Talos Energy by 68.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,418,099 shares of the company’s stock worth $35,885,000 after buying an additional 982,196 shares in the last quarter. Institutional investors and hedge funds own 97.11% of the company’s stock.
Talos Energy Trading Up 0.6 %
Shares of TALO stock opened at $17.33 on Friday. The stock has a 50-day simple moving average of $15.51 and a 200 day simple moving average of $14.67. The stock has a market capitalization of $2.15 billion, a P/E ratio of 4.37 and a beta of 2.22. Talos Energy Inc. has a fifty-two week low of $10.69 and a fifty-two week high of $22.63. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.49.
Insiders Place Their Bets
In other news, major shareholder Bcc Enven Investments (S), L.P sold 25,003 shares of the stock in a transaction on Monday, June 5th. The stock was sold at an average price of $13.47, for a total transaction of $336,790.41. Following the completion of the sale, the insider now owns 15,120,372 shares in the company, valued at approximately $203,671,410.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.98% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several analysts have weighed in on the company. Stifel Nicolaus lifted their target price on Talos Energy from $22.00 to $23.00 in a research note on Tuesday, May 30th. Roth Mkm restated a “buy” rating and set a $19.00 price objective on shares of Talos Energy in a research note on Monday, August 14th. Finally, TheStreet upgraded shares of Talos Energy from a “c+” rating to a “b-” rating in a research report on Wednesday, July 26th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $24.80.
Get Our Latest Analysis on Talos Energy
Talos Energy 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 activities. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.
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