Talos Energy Inc. (NYSE:TALO) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. boosted its position in Talos Energy Inc. (NYSE:TALO) by 14.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,427,546 shares of the company’s stock after purchasing an additional 575,096 shares during the period. American Century Companies Inc. owned approximately 2.46% of Talos Energy worth $42,991,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Virtus Investment Advisers Inc. acquired a new stake in shares of Talos Energy in the third quarter valued at $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Talos Energy in the 3rd quarter valued at about $75,000. KBC Group NV boosted its position in shares of Talos Energy by 46.1% during the 4th 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. Nisa Investment Advisors LLC grew its stake in shares of Talos Energy by 182.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,884 shares of the company’s stock worth $106,000 after purchasing an additional 7,026 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Talos Energy by 119.2% in the 3rd quarter. FMR LLC now owns 10,395 shares of the company’s stock worth $108,000 after purchasing an additional 5,653 shares in the last quarter. 89.35% of the stock is owned by institutional investors.

Talos Energy Stock Up 0.4 %

Shares of Talos Energy stock opened at $9.61 on Friday. 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 $1.73 billion, a P/E ratio of 17.79 and a beta of 1.79. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average price of $9.32 and a 200 day moving average price of $10.13.

Analyst Ratings Changes

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

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.