Comerica Bank Sells 2,118 Shares of Talos Energy Inc. (NYSE:TALO)

Comerica Bank lessened its position in shares of Talos Energy Inc. (NYSE:TALO) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,173 shares of the company’s stock after selling 2,118 shares during the quarter. Comerica Bank’s holdings in Talos Energy were worth $419,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Sterling Capital Management LLC raised its stake in shares of Talos Energy by 787.0% during the 4th quarter. Sterling Capital Management LLC now owns 4,568 shares of the company’s stock worth $44,000 after acquiring an additional 4,053 shares in the last quarter. KBC Group NV raised its stake in shares of Talos Energy by 46.1% during the 4th quarter. KBC Group NV now owns 7,970 shares of the company’s stock worth $77,000 after acquiring an additional 2,515 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock worth $106,000 after acquiring an additional 7,026 shares in the last quarter. Mariner LLC bought a new position in shares of Talos Energy during the 4th quarter worth approximately $126,000. Finally, Cibc World Markets Corp bought a new position in shares of Talos Energy during the 4th quarter worth approximately $132,000. Institutional investors own 89.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TALO shares. KeyCorp reduced their price objective on shares of Talos Energy from $16.00 to $12.00 and set an “overweight” rating for the company in a research note on Monday, April 21st. JPMorgan Chase & Co. cut their price target on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Mizuho cut their price target on shares of Talos Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research note on Tuesday. Citigroup cut their price target on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Finally, Stephens cut their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

Talos Energy Stock Down 3.0%

TALO stock opened at $8.41 on Friday. The firm’s fifty day simple moving average is $7.98 and its 200-day simple moving average is $9.36. The company has a market capitalization of $1.50 billion, a P/E ratio of 15.57 and a beta of 0.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71.

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.