Hartree Partners LP purchased a new position in Talos Energy Inc (NYSE:TALO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 43,000 shares of the company’s stock, valued at approximately $1,142,000. Talos Energy comprises 1.2% of Hartree Partners LP’s investment portfolio, making the stock its 18th largest position.
Several other hedge funds and other institutional investors also recently bought and sold shares of TALO. BlackRock Inc. grew its holdings in Talos Energy by 6.3% during the 3rd quarter. BlackRock Inc. now owns 1,431,606 shares of the company’s stock worth $46,986,000 after acquiring an additional 84,679 shares in the last quarter. Dalton Greiner Hartman Maher & Co. purchased a new position in shares of Talos Energy in the 1st quarter valued at approximately $12,809,000. Royce & Associates LP raised its position in shares of Talos Energy by 0.3% in the 4th quarter. Royce & Associates LP now owns 700,138 shares of the company’s stock valued at $11,426,000 after purchasing an additional 1,959 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Talos Energy by 5.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 301,854 shares of the company’s stock valued at $9,906,000 after purchasing an additional 14,715 shares during the last quarter. Finally, Graham Capital Management L.P. purchased a new position in shares of Talos Energy in the 4th quarter valued at approximately $858,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.
Several brokerages recently commented on TALO. Northland Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Talos Energy in a research report on Tuesday, April 16th. Stephens set a $34.00 price target on shares of Talos Energy and gave the stock a “buy” rating in a research report on Tuesday, March 19th. ValuEngine raised shares of Talos Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, March 1st. Guggenheim initiated coverage on shares of Talos Energy in a research report on Monday, February 11th. They set a “buy” rating and a $38.00 price target for the company. Finally, Zacks Investment Research raised shares of Talos Energy from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 9th. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the company. Talos Energy presently has an average rating of “Buy” and an average price target of $39.67.
Shares of NYSE TALO traded down $0.32 during midday trading on Wednesday, reaching $27.64. 12,890 shares of the stock were exchanged, compared to its average volume of 255,541. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 10.39 and a beta of 1.66. Talos Energy Inc has a twelve month low of $14.60 and a twelve month high of $37.64.
Talos Energy (NYSE:TALO) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.24. The business had revenue of $178.71 million for the quarter, compared to analysts’ expectations of $178.06 million. Talos Energy had a net margin of 14.59% and a return on equity of 2.83%. On average, equities analysts forecast that Talos Energy Inc will post 3.04 EPS for the current year.
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Talos Energy Company Profile
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
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