Talos Energy Inc (NYSE:TALO) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,700,000 shares, an increase of 6.3% from the December 15th total of 2,540,000 shares. Currently, 13.7% of the shares of the stock are sold short. Based on an average daily volume of 428,400 shares, the days-to-cover ratio is currently 6.3 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nuveen Asset Management LLC purchased a new stake in Talos Energy in the 2nd quarter valued at about $15,288,000. BlackRock Inc. raised its holdings in Talos Energy by 29.9% in the 2nd quarter. BlackRock Inc. now owns 1,936,558 shares of the company’s stock valued at $46,574,000 after buying an additional 445,585 shares during the period. Millennium Management LLC raised its holdings in Talos Energy by 802.3% in the 3rd quarter. Millennium Management LLC now owns 322,516 shares of the company’s stock valued at $6,556,000 after buying an additional 286,771 shares during the period. Dalton Greiner Hartman Maher & Co. raised its holdings in Talos Energy by 20.1% in the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 556,830 shares of the company’s stock valued at $11,320,000 after buying an additional 93,211 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Talos Energy by 129.2% in the 2nd quarter. Jacobs Levy Equity Management Inc. now owns 130,247 shares of the company’s stock valued at $3,132,000 after buying an additional 73,413 shares during the period. Institutional investors and hedge funds own 98.64% of the company’s stock.

Several equities research analysts have issued reports on TALO shares. ValuEngine raised shares of Talos Energy from a “strong sell” rating to a “sell” rating in a research note on Friday, January 3rd. Zacks Investment Research cut shares of Talos Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $36.40.

Shares of NYSE TALO traded up $0.14 during trading on Wednesday, hitting $28.28. 362,657 shares of the company were exchanged, compared to its average volume of 348,096. Talos Energy has a 12-month low of $17.66 and a 12-month high of $31.34. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.81. The company has a fifty day moving average price of $27.68 and a 200-day moving average price of $23.07. The firm has a market capitalization of $1.54 billion, a PE ratio of 10.63 and a beta of 1.96.

Talos Energy (NYSE:TALO) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.64 by $0.17. Talos Energy had a return on equity of 17.26% and a net margin of 38.27%. The business had revenue of $228.86 million for the quarter, compared to analyst estimates of $236.85 million. Research analysts anticipate that Talos Energy will post 2.35 earnings per share for the current fiscal year.

About Talos Energy

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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