XTX Topco Ltd Buys 33,984 Shares of Talos Energy Inc. (NYSE:TALO)

XTX Topco Ltd grew its stake in Talos Energy Inc. (NYSE:TALO) by 280.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,089 shares of the company’s stock after purchasing an additional 33,984 shares during the quarter. XTX Topco Ltd’s holdings in Talos Energy were worth $477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TALO. Signaturefd LLC raised its stake in Talos Energy by 51.9% in the second quarter. Signaturefd LLC now owns 2,685 shares of the company’s stock worth $33,000 after buying an additional 917 shares in the last quarter. Everence Capital Management Inc. raised its position in shares of Talos Energy by 8.6% in the 3rd quarter. Everence Capital Management Inc. now owns 22,050 shares of the company’s stock worth $228,000 after acquiring an additional 1,740 shares in the last quarter. US Bancorp DE lifted its stake in shares of Talos Energy by 113.3% in the 3rd quarter. US Bancorp DE now owns 3,440 shares of the company’s stock valued at $36,000 after purchasing an additional 1,827 shares during the period. CIBC Asset Management Inc boosted its position in shares of Talos Energy by 13.8% during the second quarter. CIBC Asset Management Inc now owns 15,195 shares of the company’s stock valued at $185,000 after purchasing an additional 1,838 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in Talos Energy by 91.1% in the second quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company’s stock worth $57,000 after purchasing an additional 2,235 shares during the period. 89.35% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Talos Energy

In related news, insider Control Empresarial De Capital bought 100,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average cost of $10.31 per share, with a total value of $1,031,000.00. Following the acquisition, the insider now owns 43,545,604 shares in the company, valued at $448,955,177.24. This trade represents a 0.23 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. started coverage on shares of Talos Energy in a report on Thursday, December 5th. They set a “neutral” rating and a $12.00 target price on the stock. Mizuho initiated coverage on shares of Talos Energy in a research note on Thursday, September 19th. They set an “outperform” rating and a $16.00 price objective on the stock. Citigroup raised their target price on shares of Talos Energy from $12.50 to $14.50 and gave the company a “buy” rating in a research note on Thursday, November 14th. Benchmark restated a “buy” rating and issued a $20.00 price target on shares of Talos Energy in a research note on Tuesday, November 12th. Finally, BMO Capital Markets reduced their price objective on Talos Energy from $14.00 to $13.00 and set a “market perform” rating for the company in a research report on Friday, October 4th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.50.

Talos Energy Stock Down 0.4 %

TALO stock opened at $9.96 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. Talos Energy Inc. has a 1-year low of $9.44 and a 1-year high of $14.77. The stock has a market capitalization of $1.79 billion, a P/E ratio of 18.44 and a beta of 1.92. The business has a fifty day moving average price of $10.75 and a 200-day moving average price of $11.12.

Talos Energy (NYSE:TALO) last announced its quarterly earnings results on Monday, November 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The company had revenue of $509.29 million for the quarter, compared to analysts’ expectations of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. The business’s revenue was up 32.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 EPS. Equities analysts forecast that Talos Energy Inc. will post -0.35 earnings per share for the current fiscal year.

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.