EntryPoint Capital LLC Acquires 4,977 Shares of Talos Energy Inc. (NYSE:TALO)

EntryPoint Capital LLC raised its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 26.1% during the 4th quarter, HoldingsChannel reports. The fund owned 24,016 shares of the company’s stock after acquiring an additional 4,977 shares during the quarter. EntryPoint Capital LLC’s holdings in Talos Energy were worth $233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Virtus Investment Advisers Inc. bought a new position in Talos Energy in the 3rd quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Talos Energy in the third quarter worth about $75,000. KBC Group NV raised its stake in shares of Talos Energy by 46.1% in the fourth quarter. KBC Group NV now owns 7,970 shares of the company’s stock worth $77,000 after buying an additional 2,515 shares during the period. Nisa Investment Advisors LLC lifted its position in shares of Talos Energy by 182.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock valued at $106,000 after buying an additional 7,026 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Talos Energy by 119.2% during the 3rd quarter. FMR LLC now owns 10,395 shares of the company’s stock valued at $108,000 after buying an additional 5,653 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Citigroup decreased their price objective on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. Stephens dropped their target price on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Finally, Mizuho decreased their price target on Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $15.56.

Talos Energy Trading Down 0.9 %

Shares of Talos Energy stock opened at $9.52 on Friday. Talos Energy Inc. has a twelve month low of $8.05 and a twelve month high of $14.67. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $9.29 and a 200-day moving average price of $10.12. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 17.64 and a beta of 1.79.

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.