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

EntryPoint Capital LLC boosted its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 26.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,016 shares of the company’s stock after acquiring an additional 4,977 shares during the period. EntryPoint Capital LLC’s holdings in Talos Energy were worth $233,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

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

Talos Energy Stock Performance

TALO stock opened at $9.52 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 $8.05 and a 1 year high of $14.67. The company has a market cap of $1.71 billion, a P/E ratio of 17.64 and a beta of 1.79. The stock’s fifty day moving average price is $9.29 and its 200-day moving average price is $10.12.

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.