Capital Fund Management S.A. Has $505,000 Holdings in Talos Energy Inc (TALO)

Capital Fund Management S.A. boosted its stake in shares of Talos Energy Inc (NYSE:TALO) by 60.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,400 shares of the company’s stock after buying an additional 5,800 shares during the period. Capital Fund Management S.A.’s holdings in Talos Energy were worth $505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TALO. Legal & General Group Plc purchased a new stake in shares of Talos Energy during the 2nd quarter valued at $112,000. Bank of America Corp DE purchased a new stake in shares of Talos Energy during the 2nd quarter valued at $159,000. Russell Investments Group Ltd. purchased a new stake in shares of Talos Energy during the 2nd quarter valued at $164,000. Strs Ohio purchased a new stake in shares of Talos Energy during the 2nd quarter valued at $189,000. Finally, State Board of Administration of Florida Retirement System purchased a new stake in shares of Talos Energy during the 2nd quarter valued at $240,000. Institutional investors own 97.71% of the company’s stock.

NYSE TALO opened at $19.62 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.96 and a current ratio of 2.96. Talos Energy Inc has a 1 year low of $17.88 and a 1 year high of $37.64. The firm has a market capitalization of $1.02 billion, a P/E ratio of 43.88 and a beta of 1.58.

Talos Energy (NYSE:TALO) last released its earnings results on Monday, November 5th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.69). Talos Energy had a negative net margin of 4.09% and a negative return on equity of 3.76%. The firm had revenue of $282.87 million during the quarter, compared to analyst estimates of $279.40 million. On average, analysts expect that Talos Energy Inc will post 2.37 earnings per share for the current fiscal year.

In other news, Director John B. Juneau bought 12,400 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The shares were purchased at an average cost of $24.15 per share, with a total value of $299,460.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.50% of the stock is owned by corporate insiders.

Several brokerages have recently commented on TALO. Seaport Global Securities reiterated a “buy” rating on shares of Talos Energy in a report on Monday, August 27th. ValuEngine upgraded Talos Energy from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Roth Capital began coverage on Talos Energy in a report on Tuesday, October 16th. They set a “buy” rating and a $48.00 price objective for the company. Capital One Financial began coverage on Talos Energy in a report on Monday, August 27th. They set an “overweight” rating and a $45.00 price objective for the company. Finally, Northland Securities initiated coverage on Talos Energy in a report on Monday, October 22nd. They set an “outperform” rating and a $45.00 price objective for the company. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the company. Talos Energy currently has an average rating of “Hold” and an average price target of $42.00.

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About Talos Energy

Talos Energy Inc, an independent oil and gas company, focuses on the offshore exploration and production in the United States Gulf of Mexico and the shallow waters off the coast of Mexico. The company is headquartered in Houston, Texas.

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Institutional Ownership by Quarter for Talos Energy (NYSE:TALO)

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