BB&T Securities LLC grew its holdings in shares of Total SA (NYSE:TOT) by 6.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,972 shares of the oil and gas exploration company’s stock after buying an additional 10,602 shares during the quarter. BB&T Securities LLC’s holdings in Total were worth $10,728,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. boosted its stake in shares of Total by 1,111.3% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 3,414,753 shares of the oil and gas exploration company’s stock valued at $188,768,000 after purchasing an additional 3,132,853 shares during the period. Fisher Asset Management LLC purchased a new position in shares of Total in the first quarter valued at $21,520,000. Global Financial Private Capital LLC purchased a new position in shares of Total in the first quarter valued at $20,659,000. Wells Fargo & Company MN boosted its stake in shares of Total by 4.8% in the fourth quarter. Wells Fargo & Company MN now owns 7,283,528 shares of the oil and gas exploration company’s stock valued at $402,633,000 after purchasing an additional 331,347 shares during the period. Finally, Carillon Tower Advisers Inc. purchased a new position in shares of Total in the fourth quarter valued at $16,815,000. Institutional investors own 5.69% of the company’s stock.
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Several brokerages have recently weighed in on TOT. ValuEngine upgraded shares of Total from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 11th. Raymond James upgraded shares of Total from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, February 13th. Santander downgraded shares of Total from a “buy” rating to a “hold” rating in a research note on Monday, May 21st. Goldman Sachs Group restated a “buy” rating on shares of Total in a research note on Tuesday, May 29th. Finally, Morgan Stanley upgraded shares of Total from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $51.38.
TOT opened at $61.81 on Friday. The firm has a market capitalization of $152.46 billion, a P/E ratio of 15.00, a P/E/G ratio of 1.22 and a beta of 0.74. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.12 and a current ratio of 1.41. Total SA has a 12-month low of $48.15 and a 12-month high of $64.59.
Total (NYSE:TOT) last posted its quarterly earnings results on Thursday, April 26th. The oil and gas exploration company reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.02). The company had revenue of $49.61 billion during the quarter. Total had a net margin of 4.68% and a return on equity of 9.48%. equities research analysts anticipate that Total SA will post 5.29 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 6th. Shareholders of record on Friday, June 8th will be issued a dividend of $0.7302 per share. The ex-dividend date of this dividend is Thursday, June 7th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.73%. Total’s dividend payout ratio (DPR) is 62.14%.
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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