Inceptionr LLC Has $184,000 Stock Holdings in Talos Energy Inc. (NYSE:TALO)

Inceptionr LLC raised its stake in Talos Energy Inc. (NYSE:TALO) by 75.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,898 shares of the company’s stock after buying an additional 8,118 shares during the quarter. Inceptionr LLC’s holdings in Talos Energy were worth $184,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. US Bancorp DE increased its stake in Talos Energy by 113.3% in the 3rd quarter. US Bancorp DE now owns 3,440 shares of the company’s stock valued at $36,000 after buying an additional 1,827 shares during the period. Assenagon Asset Management S.A. increased its stake in Talos Energy by 2.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 111,892 shares of the company’s stock valued at $1,086,000 after buying an additional 2,192 shares during the period. New York State Common Retirement Fund increased its stake in Talos Energy by 4.1% in the 4th quarter. New York State Common Retirement Fund now owns 56,474 shares of the company’s stock valued at $548,000 after buying an additional 2,200 shares during the period. KBC Group NV increased its stake in Talos Energy by 46.1% in the 4th quarter. KBC Group NV now owns 7,970 shares of the company’s stock valued at $77,000 after buying an additional 2,515 shares during the period. Finally, Virtus Investment Advisers Inc. acquired a new position in shares of Talos Energy during the 3rd quarter worth $31,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Price Performance

NYSE TALO opened at $8.63 on Tuesday. 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 company has a fifty day simple moving average of $9.68 and a 200 day simple moving average of $10.35. The company has a market cap of $1.55 billion, a P/E ratio of 15.97 and a beta of 1.79. Talos Energy Inc. has a 1 year low of $8.05 and a 1 year high of $14.67.

Wall Street Analysts Forecast Growth

TALO has been the topic of several analyst reports. Stephens dropped their price target on shares of Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Citigroup dropped 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 note on Tuesday, March 4th. JPMorgan Chase & Co. increased their price target on shares of Talos Energy from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. Benchmark restated a “buy” rating and set a $20.00 price target on shares of Talos Energy in a research note on Tuesday, November 12th. Finally, Mizuho dropped their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.78.

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.