Naples Global Advisors LLC decreased its holdings in Total SA (NYSE:TOT) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,862 shares of the oil and gas exploration company’s stock after selling 975 shares during the quarter. Naples Global Advisors LLC’s holdings in Total were worth $214,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of TOT. Corient Capital Partners LLC grew its stake in shares of Total by 24.4% during the fourth quarter. Corient Capital Partners LLC now owns 14,008 shares of the oil and gas exploration company’s stock worth $774,000 after purchasing an additional 2,745 shares during the period. Aigen Investment Management LP bought a new position in Total during the fourth quarter worth about $1,481,000. Freestone Capital Holdings LLC lifted its holdings in Total by 4.4% during the fourth quarter. Freestone Capital Holdings LLC now owns 26,830 shares of the oil and gas exploration company’s stock worth $1,484,000 after acquiring an additional 1,131 shares in the last quarter. Blue Square Asset Management LLC bought a new position in Total during the fourth quarter worth about $373,000. Finally, Buckingham Asset Management LLC lifted its holdings in Total by 6.3% during the fourth quarter. Buckingham Asset Management LLC now owns 9,570 shares of the oil and gas exploration company’s stock worth $529,000 after acquiring an additional 569 shares in the last quarter. Hedge funds and other institutional investors own 5.97% of the company’s stock.
Several research analysts have weighed in on the company. Berenberg Bank reiterated a “buy” rating on shares of Total in a report on Sunday, January 19th. Piper Jaffray Companies assumed coverage on Total in a report on Tuesday, November 26th. They set a “buy” rating and a $68.00 target price on the stock. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Total in a report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $59.29.
In other news, major shareholder S.A. Total sold 209,807 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $8.78, for a total value of $1,842,105.46. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 2,152,078 shares of company stock worth $18,533,004.
Shares of Total stock opened at $49.81 on Thursday. The firm has a market cap of $131.51 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 1.52 and a beta of 0.75. The stock’s 50-day moving average is $53.02 and its 200-day moving average is $52.08. Total SA has a one year low of $47.70 and a one year high of $58.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.97.
Total (NYSE:TOT) last issued its quarterly earnings results on Thursday, February 6th. The oil and gas exploration company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.18. The company had revenue of $49.28 billion for the quarter. Total had a return on equity of 9.94% and a net margin of 5.62%. On average, equities analysts expect that Total SA will post 5.07 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Stockholders of record on Friday, January 3rd were issued a $0.606 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $2.42 dividend on an annualized basis and a dividend yield of 4.87%. Total’s dividend payout ratio (DPR) is 55.25%.
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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