Mackay Shields LLC decreased its position in shares of Talos Energy Inc (NYSE:TALO) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,543,714 shares of the company’s stock after selling 128,781 shares during the quarter. Talos Energy makes up 0.7% of Mackay Shields LLC’s holdings, making the stock its 13th largest holding. Mackay Shields LLC owned about 6.54% of Talos Energy worth $106,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nisa Investment Advisors LLC bought a new position in shares of Talos Energy during the 4th quarter worth $30,000. PNC Financial Services Group Inc. bought a new stake in Talos Energy during the fourth quarter valued at about $45,000. Quantbot Technologies LP boosted its position in Talos Energy by 252.1% during the fourth quarter. Quantbot Technologies LP now owns 3,500 shares of the company’s stock valued at $105,000 after purchasing an additional 2,506 shares in the last quarter. SG Americas Securities LLC bought a new stake in Talos Energy during the fourth quarter valued at about $130,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Talos Energy during the fourth quarter valued at about $183,000. 98.62% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on TALO shares. TheStreet downgraded Talos Energy from a “c-” rating to a “d” rating in a research report on Monday, February 10th. Zacks Investment Research downgraded Talos Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, ValuEngine raised Talos Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $36.40.

NYSE TALO traded up $0.37 during trading on Friday, hitting $14.20. The company’s stock had a trading volume of 604,718 shares, compared to its average volume of 405,233. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $825.42 million, a PE ratio of 2.11 and a beta of 1.95. The business’s 50 day simple moving average is $22.30 and its 200-day simple moving average is $22.81. Talos Energy Inc has a fifty-two week low of $13.08 and a fifty-two week high of $31.34.

Talos Energy Company 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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