Talos Energy Inc. (NYSE:TALO) Stock Holdings Lifted by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its stake in Talos Energy Inc. (NYSE:TALO) by 25.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 181,473 shares of the company’s stock after acquiring an additional 36,890 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Talos Energy were worth $2,582,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sourcerock Group LLC raised its stake in Talos Energy by 9.7% during the 3rd quarter. Sourcerock Group LLC now owns 6,274,940 shares of the company’s stock valued at $103,160,000 after purchasing an additional 552,423 shares during the period. Canada Pension Plan Investment Board raised its stake in Talos Energy by 17.2% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,400,000 shares of the company’s stock valued at $55,896,000 after purchasing an additional 500,000 shares during the period. Zweig DiMenna Associates LLC raised its stake in Talos Energy by 27.2% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 1,538,897 shares of the company’s stock valued at $25,299,000 after purchasing an additional 329,275 shares during the period. American Century Companies Inc. grew its holdings in shares of Talos Energy by 18.3% during the 3rd quarter. American Century Companies Inc. now owns 1,389,805 shares of the company’s stock valued at $22,848,000 after acquiring an additional 215,065 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its holdings in shares of Talos Energy by 24.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 793,633 shares of the company’s stock valued at $13,047,000 after acquiring an additional 155,215 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Talos Energy Trading Down 2.1 %

Shares of NYSE:TALO opened at $12.91 on Thursday. The stock has a market capitalization of $2.37 billion, a PE ratio of 7.97 and a beta of 1.99. Talos Energy Inc. has a 1 year low of $10.69 and a 1 year high of $17.59. The firm has a fifty day moving average price of $13.48 and a 200 day moving average price of $13.72. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46.

Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.26). The business had revenue of $384.96 million during the quarter, compared to the consensus estimate of $386.90 million. Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. Analysts expect that Talos Energy Inc. will post -0.04 EPS for the current fiscal year.

Insider Buying and Selling at Talos Energy

In other news, insider Control Empresarial De Capital purchased 468,729 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was bought at an average cost of $12.77 per share, for a total transaction of $5,985,669.33. Following the completion of the acquisition, the insider now directly owns 35,216,510 shares of the company’s stock, valued at $449,714,832.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on TALO. TheStreet cut shares of Talos Energy from a “b-” rating to a “c+” rating in a report on Tuesday, March 19th. Citigroup began coverage on shares of Talos Energy in a report on Friday, March 22nd. They set a “buy” rating and a $16.50 price target on the stock. Benchmark restated a “buy” rating and set a $20.00 price target on shares of Talos Energy in a report on Friday, April 12th. Stephens restated an “overweight” rating and set a $26.00 price target on shares of Talos Energy in a report on Monday, April 22nd. Finally, KeyCorp boosted their price target on shares of Talos Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $21.19.

About Talos Energy

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.