Bryce Point Capital LLC Purchases Shares of 199,648 Talos Energy Inc. (NYSE:TALO)

Bryce Point Capital LLC purchased a new position in shares of Talos Energy Inc. (NYSE:TALO) during the fourth quarter, Holdings Channel.com reports. The fund purchased 199,648 shares of the company’s stock, valued at approximately $1,939,000. Talos Energy comprises about 0.6% of Bryce Point Capital LLC’s portfolio, making the stock its 14th largest position.

Other hedge funds have also recently modified their holdings of the company. Trexquant Investment LP acquired a new stake in Talos Energy in the 4th quarter worth approximately $3,863,000. EntryPoint Capital LLC raised its holdings in shares of Talos Energy by 26.1% in the fourth quarter. EntryPoint Capital LLC now owns 24,016 shares of the company’s stock worth $233,000 after buying an additional 4,977 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Talos Energy during the fourth quarter worth $326,000. American Century Companies Inc. grew its holdings in shares of Talos Energy by 14.9% during the fourth quarter. American Century Companies Inc. now owns 4,427,546 shares of the company’s stock valued at $42,991,000 after buying an additional 575,096 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its position in shares of Talos Energy by 41.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 137,838 shares of the company’s stock valued at $1,339,000 after acquiring an additional 40,221 shares during the period. Institutional investors and hedge funds own 89.35% of the company’s stock.

Talos Energy Stock Down 3.0 %

Talos Energy stock opened at $9.43 on Wednesday. Talos Energy Inc. has a 52 week low of $8.05 and a 52 week high of $14.67. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 17.45 and a beta of 1.79. The business’s 50-day moving average price is $9.25 and its 200 day moving average price is $10.09. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47.

Analyst Upgrades and Downgrades

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

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.