Talos Energy Inc. $TALO Shares Acquired by AMH Equity Ltd

AMH Equity Ltd lifted its holdings in Talos Energy Inc. (NYSE:TALO) by 25.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 188,391 shares of the company’s stock after acquiring an additional 38,391 shares during the quarter. Talos Energy accounts for 2.1% of AMH Equity Ltd’s holdings, making the stock its 18th biggest position. AMH Equity Ltd’s holdings in Talos Energy were worth $1,598,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TALO. GAMMA Investing LLC increased its stake in shares of Talos Energy by 360.9% in the first quarter. GAMMA Investing LLC now owns 3,194 shares of the company’s stock worth $31,000 after acquiring an additional 2,501 shares during the period. CWM LLC increased its stake in shares of Talos Energy by 186.3% in the second quarter. CWM LLC now owns 6,027 shares of the company’s stock worth $51,000 after acquiring an additional 3,922 shares during the period. Signaturefd LLC increased its stake in shares of Talos Energy by 571.3% in the first quarter. Signaturefd LLC now owns 5,612 shares of the company’s stock worth $55,000 after acquiring an additional 4,776 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Talos Energy in the first quarter worth $65,000. Finally, Prudent Man Advisors LLC acquired a new stake in shares of Talos Energy in the second quarter worth $115,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Stock Up 1.5%

Talos Energy stock opened at $9.71 on Friday. The stock has a market capitalization of $1.70 billion, a PE ratio of -10.01 and a beta of 0.74. Talos Energy Inc. has a 12 month low of $6.23 and a 12 month high of $12.71. The business has a 50 day simple moving average of $9.62 and a 200-day simple moving average of $8.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.22 and a quick ratio of 1.22.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Friday, January 6th. The company reported $0.45 EPS for the quarter. The business had revenue of $382.96 million during the quarter. Talos Energy had a negative return on equity of 2.34% and a negative net margin of 8.91%. On average, analysts anticipate that Talos Energy Inc. will post -0.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TALO. Mizuho reiterated a “neutral” rating and issued a $11.00 price objective on shares of Talos Energy in a research note on Monday, September 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Talos Energy in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Talos Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.43.

Insider Transactions at Talos Energy

In other Talos Energy news, Director Paula R. Glover sold 6,159 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $9.69, for a total transaction of $59,680.71. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by insiders.

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.