Axa S.A. Sells 3,000 Shares of Talos Energy Inc. (NYSE:TALO)

Axa S.A. lowered its holdings in shares of Talos Energy Inc. (NYSE:TALO – Get Rating) by 13.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,700 shares of the company’s stock after selling 3,000 shares during the period. Axa S.A.’s holdings in Talos Energy were worth $311,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP purchased a new position in Talos Energy in the 2nd quarter worth approximately $27,000. FNY Investment Advisers LLC purchased a new position in shares of Talos Energy in the third quarter worth $33,000. US Bancorp DE raised its holdings in Talos Energy by 39.2% during the 1st quarter. US Bancorp DE now owns 2,811 shares of the company’s stock valued at $44,000 after buying an additional 791 shares during the last quarter. Captrust Financial Advisors boosted its position in Talos Energy by 85.6% during the 1st quarter. Captrust Financial Advisors now owns 3,360 shares of the company’s stock valued at $53,000 after buying an additional 1,550 shares during the period. Finally, USA Financial Portformulas Corp bought a new stake in Talos Energy in the 3rd quarter worth $73,000. Hedge funds and other institutional investors own 96.24% of the company’s stock.

Analysts Set New Price Targets

Separately, TheStreet downgraded shares of Talos Energy from a “b-” rating to a “c” rating in a research note on Tuesday. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $25.00.

Talos Energy Stock Performance

Shares of TALO stock opened at $15.91 on Thursday. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 2.90 and a beta of 2.19. The stock has a fifty day moving average of $18.94 and a 200 day moving average of $19.57. Talos Energy Inc. has a 52 week low of $12.69 and a 52 week high of $25.49. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.56.

About Talos Energy

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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.