UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 61,572 Shares of Talos Energy Inc. (NYSE:TALO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Talos Energy Inc. (NYSE:TALO) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,879,291 shares of the company’s stock after acquiring an additional 61,572 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 1.04% of Talos Energy worth $18,248,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Talos Energy by 1.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,413 shares of the company’s stock valued at $800,000 after purchasing an additional 1,403 shares in the last quarter. Aquatic Capital Management LLC increased its holdings in shares of Talos Energy by 2.9% in the fourth quarter. Aquatic Capital Management LLC now owns 60,696 shares of the company’s stock valued at $589,000 after purchasing an additional 1,696 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of Talos Energy by 2.5% in the fourth quarter. MetLife Investment Management LLC now owns 87,672 shares of the company’s stock valued at $851,000 after purchasing an additional 2,167 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Talos Energy by 4.1% in the fourth quarter. New York State Common Retirement Fund now owns 56,474 shares of the company’s stock valued at $548,000 after purchasing an additional 2,200 shares in the last quarter. Finally, KBC Group NV increased its holdings 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 valued at $77,000 after purchasing an additional 2,515 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Analysts Set New Price Targets

TALO has been the subject of a number of research reports. KeyCorp lowered their price target on shares of Talos Energy from $16.00 to $12.00 and set an “overweight” rating for the company in a report on Monday, April 21st. JPMorgan Chase & Co. lowered their price target on shares of Talos Energy from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Stephens lowered 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. Citigroup lowered their target price on shares of Talos Energy from $14.50 to $12.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Finally, Mizuho lowered their target price on shares of Talos Energy from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Tuesday, May 13th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Talos Energy Price Performance

TALO opened at $8.07 on Thursday. The company has a fifty day moving average price of $7.85 and a two-hundred day moving average price of $9.19. 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 52 week low of $6.23 and a 52 week high of $12.71. The firm has a market capitalization of $1.43 billion, a PE ratio of 14.94 and a beta of 0.65.

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.