Swiss National Bank Purchases 2,600 Shares of Talos Energy Inc. (NYSE:TALO)

Swiss National Bank increased its position in shares of Talos Energy Inc. (NYSE:TALO – Get Rating) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 139,600 shares of the company’s stock after buying an additional 2,600 shares during the quarter. Swiss National Bank owned 0.17% of Talos Energy worth $2,636,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Keating Investment Counselors Inc. grew its holdings in shares of Talos Energy by 7.9% during the fourth quarter. Keating Investment Counselors Inc. now owns 13,600 shares of the company’s stock worth $257,000 after buying an additional 1,000 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Talos Energy by 3.8% during the fourth quarter. Arizona State Retirement System now owns 16,303 shares of the company’s stock worth $308,000 after buying an additional 603 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Talos Energy by 5.0% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 14,818 shares of the company’s stock worth $280,000 after buying an additional 700 shares in the last quarter. Amitell Capital Pte Ltd boosted its position in Talos Energy by 79.7% during the fourth quarter. Amitell Capital Pte Ltd now owns 120,154 shares of the company’s stock valued at $2,269,000 after purchasing an additional 53,273 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Talos Energy by 105.6% during the fourth quarter. Pacer Advisors Inc. now owns 1,435,903 shares of the company’s stock valued at $27,110,000 after purchasing an additional 737,519 shares during the last quarter. 96.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TALO. TheStreet cut Talos Energy from a “b-” rating to a “c” rating in a research report on Tuesday, February 28th. Stephens began coverage on Talos Energy in a research report on Monday, April 24th. They set an “overweight” rating and a $21.00 price target for the company. Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Talos Energy in a research report on Friday, March 24th. Roth Capital reissued a “buy” rating on shares of Talos Energy in a research report on Tuesday, February 28th. Finally, KeyCorp increased their price target on Talos Energy from $18.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, April 21st. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $25.40.

Insider Activity

In other news, major shareholder Bcc Enven Investments (S), L.P sold 363,804 shares of Talos Energy stock in a transaction on Thursday, April 20th. The stock was sold at an average price of $14.50, for a total value of $5,275,158.00. Following the transaction, the insider now owns 15,145,377 shares in the company, valued at approximately $219,607,966.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.98% of the company’s stock.

Talos Energy Stock Performance

NYSE:TALO opened at $12.99 on Wednesday. The stock has a market cap of $1.63 billion, a P/E ratio of 2.10 and a beta of 2.21. The stock has a 50 day simple moving average of $13.48 and a 200 day simple moving average of $16.95. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 1-year low of $10.69 and a 1-year high of $25.49.

Talos Energy (NYSE:TALO – Get Rating) last released its quarterly 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). The firm had revenue of $342.20 million for the quarter, compared to analyst estimates of $350.00 million. Talos Energy had a return on equity of 12.36% and a net margin of 34.48%. Research analysts anticipate that Talos Energy Inc. will post 1.3 earnings per share for the current 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.