Dimensional Fund Advisors LP acquired a new position in Talos Energy Inc (NYSE:TALO) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 618,480 shares of the company’s stock, valued at approximately $19,872,000. Dimensional Fund Advisors LP owned 3.09% of Talos Energy at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in TALO. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Talos Energy in the second quarter valued at approximately $903,000. Sei Investments Co. acquired a new stake in shares of Talos Energy in the second quarter valued at approximately $895,000. Rhumbline Advisers acquired a new stake in shares of Talos Energy in the second quarter valued at approximately $669,000. Mackay Shields LLC acquired a new stake in shares of Talos Energy in the second quarter valued at approximately $128,094,000. Finally, State Board of Administration of Florida Retirement System acquired a new stake in shares of Talos Energy in the second quarter valued at approximately $240,000. Institutional investors own 99.54% of the company’s stock.
NYSE:TALO opened at $31.19 on Friday. The company has a market cap of $1.78 billion, a P/E ratio of 131.28 and a beta of 1.52. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.72. Talos Energy Inc has a 1-year low of $30.26 and a 1-year high of $37.64.
Talos Energy (NYSE:TALO) last released its quarterly earnings results on Monday, August 6th. The company reported ($0.84) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.61 by ($1.45). The firm had revenue of $203.91 million for the quarter. Talos Energy had a negative return on equity of 7.69% and a negative net margin of 8.65%. As a group, equities research analysts forecast that Talos Energy Inc will post 2.4 earnings per share for the current year.
Several analysts recently weighed in on the company. Zacks Investment Research cut Talos Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd. ValuEngine raised Talos Energy from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Seaport Global Securities reissued a “buy” rating on shares of Talos Energy in a report on Monday, August 27th. Finally, Capital One Financial assumed coverage on Talos Energy in a report on Monday, August 27th. They set an “overweight” rating and a $45.00 price target for the company.
Talos Energy Company Profile
Talos Energy Inc, an independent oil and gas company, focuses on the offshore exploration and production in the United States Gulf of Mexico and the shallow waters off the coast of Mexico. The company is headquartered in Houston, Texas.
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