Talos Energy Inc. $TALO Shares Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System increased its holdings in shares of Talos Energy Inc. (NYSE:TALO) by 35.9% in the second quarter, Holdings Channel reports. The firm owned 45,013 shares of the company’s stock after buying an additional 11,901 shares during the quarter. New York State Teachers Retirement System’s holdings in Talos Energy were worth $382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of TALO. Cubist Systematic Strategies LLC acquired a new stake in Talos Energy during the 1st quarter worth $5,327,000. Philosophy Capital Management LLC boosted its stake in Talos Energy by 11.5% during the 1st quarter. Philosophy Capital Management LLC now owns 4,251,212 shares of the company’s stock worth $41,322,000 after purchasing an additional 437,788 shares during the period. American Century Companies Inc. boosted its stake in Talos Energy by 9.8% during the 1st quarter. American Century Companies Inc. now owns 4,861,119 shares of the company’s stock worth $47,250,000 after purchasing an additional 433,573 shares during the period. Nuveen LLC acquired a new stake in Talos Energy during the 1st quarter worth $3,544,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Talos Energy by 16.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock worth $21,224,000 after purchasing an additional 304,205 shares during the period. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Stock Performance

Shares of TALO opened at $9.96 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.49. Talos Energy Inc. has a 52-week low of $6.23 and a 52-week high of $12.71. The company has a 50-day simple moving average of $9.49 and a 200-day simple moving average of $8.61. The company has a market capitalization of $1.74 billion, a PE ratio of -10.26 and a beta of 0.74.

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

Insider Activity at Talos Energy

In related news, Director Paula R. Glover sold 6,159 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $9.69, for a total value of $59,680.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.36% of the stock is owned by company insiders.

Analyst Ratings Changes

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

Talos Energy 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.