New York State Teachers Retirement System Lowers Position in Talos Energy Inc. (NYSE:TALO)

New York State Teachers Retirement System lessened its position in Talos Energy Inc. (NYSE:TALO) by 27.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,112 shares of the company’s stock after selling 12,535 shares during the quarter. New York State Teachers Retirement System’s holdings in Talos Energy were worth $322,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of TALO. Envestnet Portfolio Solutions Inc. bought a new stake in Talos Energy in the 1st quarter worth $98,000. Inscription Capital LLC purchased a new position in shares of Talos Energy during the first quarter valued at approximately $195,000. SG Americas Securities LLC boosted its holdings in Talos Energy by 11.0% in the first quarter. SG Americas Securities LLC now owns 67,692 shares of the company’s stock worth $658,000 after acquiring an additional 6,689 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Talos Energy by 360.9% during the first quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock valued at $31,000 after buying an additional 2,501 shares during the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new stake in shares of Talos Energy during the first quarter valued at $111,000. 89.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TALO has been the subject of a number of research reports. KeyCorp decreased their target price 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. decreased their price target on Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Capital One Financial started coverage on shares of Talos Energy in a report on Monday, June 16th. They issued an “overweight” rating and a $14.00 target price on the stock. Finally, Mizuho cut their price target on Talos Energy from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Tuesday, May 13th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.22.

Talos Energy Price Performance

Talos Energy stock opened at $9.03 on Friday. The firm has a market capitalization of $1.60 billion, a PE ratio of 60.20 and a beta of 0.71. Talos Energy Inc. has a 12-month low of $6.23 and a 12-month high of $12.71. The firm has a 50-day moving average price of $8.43 and a 200-day moving average price of $8.76. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

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.