Northwestern Mutual Wealth Management Co. reduced its position in TotalFinaElf, S.A. (NYSE:TOT) by 44.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,525 shares of the oil and gas exploration company’s stock after selling 2,863 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in TotalFinaElf, were worth $177,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation raised its stake in shares of TotalFinaElf, by 4.3% in the fourth quarter. Zions Bancorporation now owns 1,996 shares of the oil and gas exploration company’s stock worth $101,000 after buying an additional 83 shares during the period. Menora Mivtachim Holdings LTD. bought a new stake in shares of TotalFinaElf, during the fourth quarter worth about $102,000. Quadrant Capital Group LLC raised its stake in shares of TotalFinaElf, by 12.1% in the first quarter. Quadrant Capital Group LLC now owns 2,230 shares of the oil and gas exploration company’s stock worth $103,000 after buying an additional 241 shares during the period. Smith Asset Management Group LP raised its stake in shares of TotalFinaElf, by 483.3% in the first quarter. Smith Asset Management Group LP now owns 2,450 shares of the oil and gas exploration company’s stock worth $124,000 after buying an additional 2,030 shares during the period. Finally, Parallel Advisors LLC bought a new stake in shares of TotalFinaElf, during the fourth quarter worth about $150,000. 6.33% of the stock is owned by hedge funds and other institutional investors.
TotalFinaElf, S.A. (TOT) traded up 1.47% on Friday, hitting $50.28. 934,716 shares of the stock traded hands. The stock has a market cap of $122.85 billion, a price-to-earnings ratio of 16.87 and a beta of 0.77. The firm’s 50 day moving average is $52.12 and its 200 day moving average is $50.79. TotalFinaElf, S.A. has a 52 week low of $44.06 and a 52 week high of $54.71.
TotalFinaElf, (NYSE:TOT) last announced its quarterly earnings data on Thursday, April 27th. The oil and gas exploration company reported $1.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.06. TotalFinaElf, had a return on equity of 12.13% and a net margin of 4.71%. The business had revenue of $41.18 billion for the quarter. Equities analysts anticipate that TotalFinaElf, S.A. will post $4.24 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Friday, June 2nd will be paid a $0.694 dividend. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.54. This represents a $2.78 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Wednesday, May 31st. TotalFinaElf,’s payout ratio is currently 78.52%.
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A number of equities research analysts have issued reports on TOT shares. TheStreet raised shares of TotalFinaElf, from a “c” rating to a “b” rating in a research note on Thursday, April 27th. Scotiabank set a $53.00 price target on shares of TotalFinaElf, and gave the company a “buy” rating in a report on Monday, March 27th. Deutsche Bank AG restated a “buy” rating on shares of TotalFinaElf, in a report on Monday, March 20th. Goldman Sachs Group, Inc. (The) upgraded shares of TotalFinaElf, from a “buy” rating to a “conviction-buy” rating in a report on Tuesday, February 21st. Finally, Zacks Investment Research downgraded shares of TotalFinaElf, from a “buy” rating to a “hold” rating in a report on Saturday, February 18th. Eleven research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $54.25.
TotalFinaElf, Company Profile
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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