Millennium Management LLC Has $3.09 Million Stake in Talos Energy Inc (TALO)

Millennium Management LLC grew its stake in shares of Talos Energy Inc (NYSE:TALO) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 189,379 shares of the company’s stock after purchasing an additional 7,827 shares during the quarter. Millennium Management LLC owned approximately 0.35% of Talos Energy worth $3,091,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its position in Talos Energy by 20.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 622,302 shares of the company’s stock worth $10,155,000 after purchasing an additional 106,262 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its stake in shares of Talos Energy by 352.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,403 shares of the company’s stock worth $121,000 after buying an additional 5,765 shares during the period. Paloma Partners Management Co bought a new position in shares of Talos Energy in the fourth quarter worth about $171,000. Graham Capital Management L.P. bought a new position in shares of Talos Energy in the fourth quarter worth about $858,000. Finally, Geode Capital Management LLC raised its stake in shares of Talos Energy by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 221,803 shares of the company’s stock worth $3,619,000 after buying an additional 19,146 shares during the period. 99.10% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on the company. Northland Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Talos Energy in a research note on Tuesday, April 16th. Stephens set a $34.00 price objective on Talos Energy and gave the stock a “buy” rating in a research note on Tuesday, March 19th. ValuEngine raised Talos Energy from a “strong sell” rating to a “sell” rating in a research note on Friday, March 1st. Guggenheim assumed coverage on Talos Energy in a research note on Monday, February 11th. They issued a “buy” rating and a $38.00 price objective on the stock. Finally, Zacks Investment Research raised Talos Energy from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $39.17.

NYSE TALO opened at $28.89 on Friday. Talos Energy Inc has a 52 week low of $14.60 and a 52 week high of $37.64. The stock has a market capitalization of $1.56 billion, a PE ratio of 10.86 and a beta of 1.60.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, March 13th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.60 by $0.31. The firm had revenue of $258.66 million for the quarter, compared to the consensus estimate of $230.13 million. Talos Energy had a return on equity of 5.25% and a net margin of 31.78%. On average, research analysts expect that Talos Energy Inc will post 2.04 EPS for the current fiscal year.

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

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