BNP Paribas Financial Markets Has $379,000 Stock Position in Talos Energy Inc. (NYSE:TALO)

BNP Paribas Financial Markets cut its position in Talos Energy Inc. (NYSE:TALO) by 22.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,066 shares of the company’s stock after selling 11,250 shares during the period. BNP Paribas Financial Markets’ holdings in Talos Energy were worth $379,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Ameriprise Financial Inc. boosted its stake in Talos Energy by 318.5% in the fourth quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company’s stock worth $19,106,000 after purchasing an additional 1,497,472 shares in the last quarter. Northern Trust Corp raised its stake in shares of Talos Energy by 6.0% in the fourth quarter. Northern Trust Corp now owns 1,412,965 shares of the company’s stock worth $13,720,000 after acquiring an additional 79,746 shares during the last quarter. Aquatic Capital Management LLC lifted its position in shares of Talos Energy by 2.9% during the fourth quarter. Aquatic Capital Management LLC now owns 60,696 shares of the company’s stock worth $589,000 after purchasing an additional 1,696 shares in the last quarter. Oxford Asset Management LLP acquired a new position in shares of Talos Energy during the fourth quarter worth approximately $207,000. Finally, Orvieto Partners L.P. bought a new stake in shares of Talos Energy during the fourth quarter valued at approximately $1,048,000. 89.35% of the stock is currently owned by institutional investors.

Talos Energy Stock Up 0.2%

Shares of Talos Energy stock opened at $7.95 on Monday. The business has a fifty day simple moving average of $7.92 and a 200 day simple moving average of $9.23. The stock has a market cap of $1.42 billion, a PE ratio of 14.71 and a beta of 0.65. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71.

Analyst Ratings Changes

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

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.