Russell Investments Group Ltd. Cuts Stock Holdings in Talos Energy Inc. (NYSE:TALO)

Russell Investments Group Ltd. reduced its stake in Talos Energy Inc. (NYSE:TALO) by 36.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 190,865 shares of the company’s stock after selling 108,983 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.11% of Talos Energy worth $1,853,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. American Century Companies Inc. grew its holdings in shares of Talos Energy by 14.9% in the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company’s stock valued at $42,991,000 after acquiring an additional 575,096 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Talos Energy by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,100,185 shares of the company’s stock worth $20,393,000 after purchasing an additional 101,280 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its stake in Talos Energy by 19.2% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,346,678 shares of the company’s stock valued at $13,076,000 after purchasing an additional 216,921 shares during the period. Barclays PLC increased its position in shares of Talos Energy by 21.9% during the 3rd quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock valued at $12,149,000 after purchasing an additional 210,687 shares during the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Talos Energy by 4.1% during the 4th quarter. Empowered Funds LLC now owns 1,077,677 shares of the company’s stock worth $10,464,000 after purchasing an additional 42,606 shares during the period. 89.35% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TALO. Citigroup reduced their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. JPMorgan Chase & Co. decreased their price target on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Stephens lowered their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, Mizuho reduced their price objective on Talos Energy from $15.00 to $12.00 and set an “outperform” rating for the company in a report on Monday, April 7th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.33.

Talos Energy Stock Up 4.2 %

TALO opened at $7.38 on Friday. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $14.07. The company has a market cap of $1.33 billion, a PE ratio of 13.66 and a beta of 1.33. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $8.48 and a 200 day moving average of $9.72.

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