Comerica Securities Inc. raised its position in shares of Total SA (NYSE:TOT) by 21.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,146 shares of the oil and gas exploration company’s stock after acquiring an additional 1,279 shares during the period. Comerica Securities Inc.’s holdings in Total were worth $377,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the business. Sound Income Strategies LLC boosted its position in shares of Total by 11,725.0% in the fourth quarter. Sound Income Strategies LLC now owns 473 shares of the oil and gas exploration company’s stock worth $25,000 after buying an additional 469 shares during the period. Essex Savings Bank purchased a new stake in shares of Total in the fourth quarter worth about $27,000. Financial Gravity Companies Inc. purchased a new stake in shares of Total in the fourth quarter worth about $42,000. First PREMIER Bank boosted its position in shares of Total by 23.2% in the fourth quarter. First PREMIER Bank now owns 1,115 shares of the oil and gas exploration company’s stock worth $58,000 after buying an additional 210 shares during the period. Finally, IMS Capital Management purchased a new stake in shares of Total in the third quarter worth about $60,000. 6.32% of the stock is owned by hedge funds and other institutional investors.
Several brokerages have recently weighed in on TOT. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Total in a research report on Thursday, October 18th. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Total in a research report on Tuesday, October 23rd. Royal Bank of Canada reaffirmed a “hold” rating on shares of Total in a research report on Friday, October 26th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research report on Friday, October 26th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of Total in a research report on Friday, October 26th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $48.75.
Shares of TOT opened at $54.88 on Thursday. The stock has a market capitalization of $137.56 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 1.02 and a beta of 0.70. Total SA has a one year low of $49.70 and a one year 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.
Total (NYSE:TOT) last issued its quarterly earnings results on Thursday, February 7th. The oil and gas exploration company reported $1.17 EPS for the quarter, meeting analysts’ consensus estimates of $1.17. The firm had revenue of $52.50 billion during the quarter. Total had a return on equity of 11.16% and a net margin of 5.47%. On average, research analysts anticipate that Total SA will post 5.39 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 17th. Investors of record on Monday, December 17th were issued a $0.7267 dividend. This represents a $2.91 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date of this dividend was Friday, December 14th. Total’s dividend payout ratio is currently 48.91%.
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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.
See Also: Earnings Per Share (EPS)
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