Talos Energy Inc. (NYSE:TALO) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Talos Energy Inc. (NYSE:TALO) by 5.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,100,185 shares of the company’s stock after acquiring an additional 101,280 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Talos Energy were worth $20,393,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TALO. Philosophy Capital Management LLC boosted its holdings in Talos Energy by 37.8% in the third quarter. Philosophy Capital Management LLC now owns 3,065,514 shares of the company’s stock valued at $31,728,000 after purchasing an additional 841,414 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Talos Energy by 1.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,817,719 shares of the company’s stock valued at $18,813,000 after purchasing an additional 33,985 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Talos Energy by 39.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,569,652 shares of the company’s stock valued at $16,245,000 after purchasing an additional 442,620 shares during the period. Barclays PLC boosted its holdings in Talos Energy by 21.9% in the third quarter. Barclays PLC now owns 1,173,765 shares of the company’s stock valued at $12,149,000 after purchasing an additional 210,687 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its holdings in Talos Energy by 28.3% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,129,757 shares of the company’s stock valued at $11,693,000 after purchasing an additional 249,412 shares during the period. 89.35% of the stock is owned by institutional investors and hedge funds.

Talos Energy Stock Up 2.6 %

TALO opened at $9.14 on Thursday. The business’s 50-day simple moving average is $9.47 and its 200-day simple moving average is $10.19. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 0.97. Talos Energy Inc. has a one year low of $8.05 and a one year high of $14.67. The stock has a market capitalization of $1.64 billion, a P/E ratio of 16.92 and a beta of 1.79.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Citigroup decreased their price target on Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Stephens decreased their price target on 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 for the company in a report on Monday, December 16th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Talos Energy has a consensus rating of “Moderate Buy” and an average price target of $15.56.

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.