Talos Energy Inc. (NYSE:TALO) Stake Boosted by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. increased its position in Talos Energy Inc. (NYSE:TALO) by 94.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,394 shares of the company’s stock after buying an additional 10,366 shares during the period. Balyasny Asset Management L.P.’s holdings in Talos Energy were worth $208,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC raised its position in shares of Talos Energy by 21.9% in the third 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 period. Assenagon Asset Management S.A. lifted its holdings in shares of Talos Energy by 2.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company’s stock worth $1,086,000 after acquiring an additional 2,192 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Talos Energy by 182.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after purchasing an additional 7,026 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Talos Energy in the 4th quarter valued at $592,000. Finally, KBC Group NV boosted its stake in shares of Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after purchasing an additional 2,515 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Analysts Set New Price Targets

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

Talos Energy Trading Down 1.5%

Shares of Talos Energy stock opened at $8.29 on Monday. Talos Energy Inc. has a 1 year low of $6.23 and a 1 year high of $12.71. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 15.35 and a beta of 0.65. The business has a fifty day simple moving average of $7.98 and a two-hundred day simple moving average of $9.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97.

About Talos Energy

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.