Dimensional Fund Advisors LP Has $14.29 Million Holdings in Talos Energy Inc (NYSE:TALO)

Dimensional Fund Advisors LP lifted its stake in shares of Talos Energy Inc (NYSE:TALO) by 26.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 875,638 shares of the company’s stock after purchasing an additional 181,910 shares during the period. Dimensional Fund Advisors LP owned 1.62% of Talos Energy worth $14,290,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TALO. Bank of New York Mellon Corp raised its position in shares of Talos Energy by 5.1% during the third quarter. Bank of New York Mellon Corp now owns 301,854 shares of the company’s stock worth $9,906,000 after acquiring an additional 14,715 shares during the last quarter. BlackRock Inc. raised its position in shares of Talos Energy by 6.3% during the third quarter. BlackRock Inc. now owns 1,431,606 shares of the company’s stock worth $46,986,000 after acquiring an additional 84,679 shares during the last quarter. MetLife Investment Advisors LLC bought a new position in shares of Talos Energy during the third quarter worth about $534,000. Thrivent Financial for Lutherans bought a new position in shares of Talos Energy during the third quarter worth about $16,937,000. Finally, Vanguard Group Inc. raised its position in shares of Talos Energy by 0.7% during the third quarter. Vanguard Group Inc. now owns 1,038,064 shares of the company’s stock worth $30,764,000 after acquiring an additional 7,013 shares during the last quarter. 99.17% of the stock is currently owned by institutional investors and hedge funds.

NYSE TALO traded down $0.18 during trading hours on Friday, hitting $28.33. 225,192 shares of the company’s stock were exchanged, compared to its average volume of 254,007. Talos Energy Inc has a 1-year low of $14.60 and a 1-year high of $37.64. The stock has a market capitalization of $1.53 billion, a P/E ratio of 10.65 and a beta of 1.66.

Talos Energy (NYSE:TALO) last released its earnings results on Wednesday, March 13th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.60 by $0.31. Talos Energy had a return on equity of 2.83% and a net margin of 14.59%. The business had revenue of $258.66 million during the quarter, compared to analysts’ expectations of $230.13 million. As a group, sell-side analysts predict that Talos Energy Inc will post 3 earnings per share for the current year.

A number of brokerages have recently issued reports on TALO. Northland Securities restated a “buy” rating and set a $40.00 price objective on shares of Talos Energy in a research report on Tuesday, April 16th. Stephens set a $34.00 target price 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 started coverage on Talos Energy in a research note on Monday, February 11th. They set a “buy” rating and a $38.00 target price for the company. 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 analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company’s stock. Talos Energy presently has a consensus rating of “Buy” and an average price target of $39.67.

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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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