XTX Topco Ltd Has $477,000 Stock Holdings in Talos Energy Inc. (NYSE:TALO)

XTX Topco Ltd raised its position in shares of Talos Energy Inc. (NYSE:TALO) by 280.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 46,089 shares of the company’s stock after purchasing an additional 33,984 shares during the quarter. XTX Topco Ltd’s holdings in Talos Energy were worth $477,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TALO. Virtus Investment Advisers Inc. acquired a new stake in shares of Talos Energy during the third quarter worth $31,000. Signaturefd LLC raised its position in shares of Talos Energy by 51.9% in the 2nd quarter. Signaturefd LLC now owns 2,685 shares of the company’s stock worth $33,000 after acquiring an additional 917 shares in the last quarter. US Bancorp DE lifted its stake in shares of 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 purchasing an additional 1,827 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Talos Energy by 91.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,689 shares of the company’s stock valued at $57,000 after purchasing an additional 2,235 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Talos Energy during the third quarter worth approximately $75,000. Institutional investors own 89.35% of the company’s stock.

Talos Energy Price Performance

Shares of NYSE TALO opened at $9.96 on Friday. 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 fifty day simple moving average of $10.75 and a two-hundred day simple moving average of $11.12. Talos Energy Inc. has a 1-year low of $9.44 and a 1-year high of $14.77. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 18.44 and a beta of 1.92.

Talos Energy (NYSE:TALO) last released its quarterly earnings data on Monday, November 11th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The firm had revenue of $509.29 million during the quarter, compared to the consensus estimate of $504.44 million. Talos Energy had a net margin of 3.95% and a negative return on equity of 1.98%. Talos Energy’s revenue was up 32.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 earnings per share. Analysts anticipate that Talos Energy Inc. will post -0.35 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Control Empresarial De Capital acquired 250,000 shares of Talos Energy stock in a transaction dated Wednesday, September 25th. The shares were purchased at an average cost of $10.52 per share, with a total value of $2,630,000.00. Following the completion of the purchase, the insider now owns 43,108,904 shares of the company’s stock, valued at $453,505,670.08. This represents a 0.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.77% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Benchmark reissued a “buy” rating and issued a $20.00 price target on shares of Talos Energy in a research note on Tuesday, November 12th. Citigroup increased their price target on Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a report on Thursday, November 14th. KeyCorp decreased their price objective on Talos Energy from $21.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, October 16th. BMO Capital Markets cut their target price on Talos Energy from $14.00 to $13.00 and set a “market perform” rating on the stock in a report on Friday, October 4th. Finally, Mizuho initiated coverage on shares of Talos Energy in a research report on Thursday, September 19th. They issued an “outperform” rating and a $16.00 price target for the company. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Talos Energy has an average rating of “Moderate Buy” and an average target price of $16.50.

Talos Energy Company 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.