Royal Fund Management LLC purchased a new position in Total SA (NYSE:TOT) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,678 shares of the oil and gas exploration company’s stock, valued at approximately $62,000.
Several other institutional investors have also recently added to or reduced their stakes in TOT. Marshall Wace LLP bought a new position in shares of Total in the first quarter worth $169,000. Janney Montgomery Scott LLC increased its holdings in shares of Total by 0.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 108,859 shares of the oil and gas exploration company’s stock worth $6,020,000 after purchasing an additional 785 shares during the period. Global Retirement Partners LLC increased its stake in Total by 21.2% in the fourth quarter. Global Retirement Partners LLC now owns 14,067 shares of the oil and gas exploration company’s stock valued at $778,000 after acquiring an additional 2,458 shares during the last quarter. Segment Wealth Management LLC bought a new position in Total in the fourth quarter valued at $302,000. Finally, Ferguson Wellman Capital Management Inc. increased its stake in Total by 0.8% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 178,867 shares of the oil and gas exploration company’s stock valued at $9,891,000 after acquiring an additional 1,500 shares during the last quarter. 5.85% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE:TOT opened at $36.02 on Friday. The stock’s 50-day moving average price is $35.10 and its 200-day moving average price is $45.38. Total SA has a 12-month low of $22.13 and a 12-month high of $56.91. The stock has a market capitalization of $93.77 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 29.93 and a beta of 0.64. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43.
Total (NYSE:TOT) last posted its earnings results on Tuesday, May 5th. The oil and gas exploration company reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.07. The company had revenue of $43.87 billion during the quarter. Total had a net margin of 4.24% and a return on equity of 9.23%. As a group, research analysts predict that Total SA will post 0.78 EPS for the current year.
A number of research analysts recently commented on the company. Morgan Stanley cut Total from an “overweight” rating to an “equal weight” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Total in a research note on Tuesday, April 21st. Zacks Investment Research cut Total from a “hold” rating to a “strong sell” rating and set a $38.00 target price on the stock. in a research note on Thursday. DZ Bank reissued a “buy” rating on shares of Total in a research note on Monday, March 23rd. Finally, UBS Group reissued a “buy” rating on shares of Total in a research note on Tuesday, March 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. Total presently has an average rating of “Buy” and an average price target of $55.86.
In other news, Director S.A. Total bought 3,900 shares of the company’s stock in a transaction dated Friday, April 24th. The stock was bought at an average cost of $6.58 per share, for a total transaction of $25,662.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have bought 2,742,498 shares of company stock valued at $14,273,207.
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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