Deutsche Bank AG Boosts Holdings in Talos Energy Inc. (NYSE:TALO)

Deutsche Bank AG raised its position in Talos Energy Inc. (NYSE:TALO) by 48.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,388 shares of the company’s stock after purchasing an additional 41,203 shares during the period. Deutsche Bank AG owned 0.07% of Talos Energy worth $1,227,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TALO. Balyasny Asset Management L.P. lifted its stake in shares of Talos Energy by 94.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 21,394 shares of the company’s stock valued at $208,000 after acquiring an additional 10,366 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Talos Energy by 318.5% in the 4th 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 during the period. Northern Trust Corp increased its stake in Talos Energy by 6.0% in the 4th quarter. Northern Trust Corp now owns 1,412,965 shares of the company’s stock worth $13,720,000 after purchasing an additional 79,746 shares during the period. Aquatic Capital Management LLC lifted its position in Talos Energy by 2.9% in the fourth quarter. Aquatic Capital Management LLC now owns 60,696 shares of the company’s stock valued at $589,000 after purchasing an additional 1,696 shares during the last quarter. Finally, Oxford Asset Management LLP bought a new stake in Talos Energy in the fourth quarter valued at approximately $207,000. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

Talos Energy Price Performance

Shares of TALO stock opened at $7.95 on Monday. Talos Energy Inc. has a twelve month low of $6.23 and a twelve month high of $12.71. 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 stock has a fifty day simple moving average of $7.92 and a two-hundred day simple moving average of $9.23. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 14.71 and a beta of 0.65.

Wall Street Analysts Forecast Growth

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

Talos Energy Company 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.