SG Americas Securities LLC Decreases Position in Total SA (TOT)

SG Americas Securities LLC reduced its stake in Total SA (NYSE:TOT) by 49.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,928 shares of the oil and gas exploration company’s stock after selling 16,603 shares during the period. SG Americas Securities LLC’s holdings in Total were worth $942,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TOT. Oregon Public Employees Retirement Fund bought a new position in Total in the fourth quarter worth about $40,000. Deutsche Bank AG grew its holdings in Total by 2,944.8% in the fourth quarter. Deutsche Bank AG now owns 1,466,824 shares of the oil and gas exploration company’s stock worth $76,538,000 after purchasing an additional 1,418,650 shares during the period. FMR LLC grew its holdings in Total by 23.9% in the fourth quarter. FMR LLC now owns 6,346,842 shares of the oil and gas exploration company’s stock worth $331,178,000 after purchasing an additional 1,222,746 shares during the period. Boston Partners purchased a new stake in Total in the fourth quarter worth about $34,480,000. Finally, Fisher Asset Management LLC grew its holdings in Total by 3.7% in the fourth quarter. Fisher Asset Management LLC now owns 16,890,913 shares of the oil and gas exploration company’s stock worth $881,368,000 after purchasing an additional 605,158 shares during the period. 6.23% of the stock is owned by institutional investors.

NYSE:TOT opened at $53.45 on Thursday. Total SA has a 52 week low of $49.70 and a 52 week high of $65.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market cap of $132.20 billion, a PE ratio of 10.58, a PEG ratio of 1.05 and a beta of 0.63.

Total (NYSE:TOT) last posted its quarterly earnings results on Friday, April 26th. The oil and gas exploration company reported $1.02 EPS for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.09). Total had a net margin of 5.65% and a return on equity of 11.21%. The firm had revenue of $51.21 billion for the quarter. As a group, equities analysts predict that Total SA will post 5.37 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research cut shares of Total from a “buy” rating to a “hold” rating in a report on Saturday, May 11th. HSBC restated a “buy” rating and issued a $58.50 price objective on shares of Total in a report on Wednesday, May 8th. Deutsche Bank restated a “buy” rating on shares of Total in a report on Tuesday, April 9th. Goldman Sachs Group restated a “buy” rating and issued a $68.00 price objective on shares of Total in a report on Friday, April 26th. Finally, Citigroup cut shares of Total from a “buy” rating to a “neutral” rating in a report on Tuesday, May 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $51.10.

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Total Profile

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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Institutional Ownership by Quarter for Total (NYSE:TOT)

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