Swiss National Bank Has $2.54 Million Stock Holdings in Talos Energy Inc. $TALO

Swiss National Bank lowered its stake in shares of Talos Energy Inc. (NYSE:TALO) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 261,500 shares of the company’s stock after selling 4,300 shares during the period. Swiss National Bank owned about 0.15% of Talos Energy worth $2,542,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Talos Energy by 0.6% in the first quarter. Vanguard Group Inc. now owns 9,992,530 shares of the company’s stock worth $97,127,000 after acquiring an additional 58,165 shares during the last quarter. Sourcerock Group LLC increased its position in Talos Energy by 3.6% in the 4th quarter. Sourcerock Group LLC now owns 9,550,772 shares of the company’s stock worth $92,738,000 after purchasing an additional 331,109 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Talos Energy by 11.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,720,357 shares of the company’s stock worth $74,964,000 after purchasing an additional 763,631 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Talos Energy by 11.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,330,304 shares of the company’s stock worth $22,651,000 after purchasing an additional 230,119 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Talos Energy by 318.5% during the 4th quarter. Ameriprise Financial Inc. now owns 1,967,703 shares of the company’s stock valued at $19,106,000 after buying an additional 1,497,472 shares during the last quarter. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Mizuho dropped their price objective on Talos Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a report on Tuesday, May 13th. Capital One Financial began coverage on shares of Talos Energy in a research note on Monday, June 16th. They set an “overweight” rating and a $14.00 price target on the stock. Finally, Wall Street Zen downgraded shares of Talos Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

Talos Energy Stock Performance

NYSE:TALO opened at $9.3450 on Friday. The firm has a market capitalization of $1.63 billion, a PE ratio of -9.63 and a beta of 0.81. Talos Energy Inc. has a 1 year low of $6.23 and a 1 year high of $12.71. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.49. The firm’s fifty day simple moving average is $8.59 and its 200 day simple moving average is $8.41.

Talos Energy (NYSE:TALO) last released its earnings results on Wednesday, August 6th. The company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.06. Talos Energy had a negative net margin of 8.91% and a negative return on equity of 2.34%. The firm had revenue of $424.72 million during the quarter, compared to analyst estimates of $443.53 million. During the same quarter in the previous year, the business earned $0.03 EPS. The business’s revenue was down 22.7% on a year-over-year basis. On average, sell-side analysts anticipate that Talos Energy Inc. will post -0.44 EPS for the current year.

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.