Talos Energy Inc. $TALO Position Increased by AlphaQuest LLC

AlphaQuest LLC increased its position in shares of Talos Energy Inc. (NYSE:TALO) by 79.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,238 shares of the company’s stock after acquiring an additional 10,704 shares during the period. AlphaQuest LLC’s holdings in Talos Energy were worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank raised its holdings in Talos Energy by 3.0% during the first quarter. Comerica Bank now owns 44,471 shares of the company’s stock valued at $432,000 after buying an additional 1,298 shares in the last quarter. GAMMA Investing LLC raised its holdings in 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 in the last quarter. Royal Bank of Canada raised its holdings in Talos Energy by 11.8% during the first quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock valued at $278,000 after buying an additional 3,007 shares in the last quarter. Pinnacle Holdings LLC raised its holdings in Talos Energy by 2.9% during the first quarter. Pinnacle Holdings LLC now owns 124,378 shares of the company’s stock valued at $1,209,000 after buying an additional 3,493 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Talos Energy by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock valued at $838,000 after buying an additional 3,783 shares in the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Talos Energy

In related news, Director Paula R. Glover sold 6,159 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $9.69, for a total value of $59,680.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Talos Energy in a report on Wednesday, October 8th. Wall Street Zen lowered Talos Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Mizuho restated a “neutral” rating and set a $11.00 target price on shares of Talos Energy in a report on Monday, September 15th. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.43.

Talos Energy Trading Up 1.4%

Shares of NYSE:TALO opened at $9.82 on Monday. The company has a market cap of $1.71 billion, a P/E ratio of -10.12 and a beta of 0.74. The stock’s 50-day moving average is $9.63 and its 200-day moving average is $8.76. Talos Energy Inc. has a 52-week low of $6.23 and a 52-week high of $12.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.22 and a current ratio of 1.22.

Talos Energy (NYSE:TALO) last issued its quarterly earnings results on Friday, January 6th. The company reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $382.96 million for the quarter. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%. Equities research analysts predict that Talos Energy Inc. will post -0.44 earnings per share 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.