Fagan Associates Inc. cut its holdings in shares of Total SA (NYSE:TOT) by 4.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,625 shares of the oil and gas exploration company’s stock after selling 300 shares during the period. Fagan Associates Inc.’s holdings in Total were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of TOT. FMR LLC lifted its holdings in shares of Total by 33.6% during the 2nd quarter. FMR LLC now owns 3,475,857 shares of the oil and gas exploration company’s stock valued at $210,498,000 after buying an additional 874,469 shares during the period. Atria Investments LLC raised its holdings in Total by 170.2% in the 3rd quarter. Atria Investments LLC now owns 11,940 shares of the oil and gas exploration company’s stock worth $769,000 after purchasing an additional 7,521 shares during the period. Iberiabank Corp bought a new position in Total in the 3rd quarter worth $294,000. Bank of Montreal Can raised its holdings in Total by 5.7% in the 3rd quarter. Bank of Montreal Can now owns 240,923 shares of the oil and gas exploration company’s stock worth $15,513,000 after purchasing an additional 12,897 shares during the period. Finally, Capital Investment Advisors LLC bought a new position in Total in the 3rd quarter worth $207,000. Institutional investors own 6.25% of the company’s stock.
A number of brokerages recently commented on TOT. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Total in a report on Thursday, October 18th. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Total in a report on Tuesday, October 23rd. Royal Bank of Canada reaffirmed a “hold” rating on shares of Total in a report on Friday, October 26th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a report on Friday, October 26th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of Total in a report on Friday, October 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $48.75.
Shares of TOT stock opened at $55.16 on Monday. Total SA has a 52-week low of $49.70 and a 52-week high of $65.69. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $137.59 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 1.02 and a beta of 0.70.
Total (NYSE:TOT) last issued its quarterly earnings results on Thursday, February 7th. The oil and gas exploration company reported $1.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.17. Total had a return on equity of 11.16% and a net margin of 5.47%. The business had revenue of $52.50 billion during the quarter. Analysts expect that Total SA will post 5.39 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 17th. Stockholders of record on Monday, December 17th were given a dividend of $0.7267 per share. The ex-dividend date was Friday, December 14th. This represents a $2.91 dividend on an annualized basis and a dividend yield of 5.27%. Total’s payout ratio is 48.91%.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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