Mission Wealth Management LP lifted its holdings in shares of Total SA (NYSE:TOT) by 37.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,387 shares of the oil and gas exploration company’s stock after buying an additional 2,032 shares during the quarter. Mission Wealth Management LP’s holdings in Total were worth $253,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Old North State Trust LLC acquired a new stake in shares of Total during the 3rd quarter worth approximately $25,000. Berman Capital Advisors LLC grew its holdings in Total by 79.8% during the second quarter. Berman Capital Advisors LLC now owns 775 shares of the oil and gas exploration company’s stock valued at $29,000 after purchasing an additional 344 shares during the period. Capital Advisory Group Advisory Services LLC acquired a new position in Total during the first quarter valued at approximately $31,000. TCI Wealth Advisors Inc. grew its holdings in Total by 91.0% during the second quarter. TCI Wealth Advisors Inc. now owns 869 shares of the oil and gas exploration company’s stock valued at $33,000 after purchasing an additional 414 shares during the period. Finally, Independence Bank of Kentucky grew its holdings in Total by 40.0% during the second quarter. Independence Bank of Kentucky now owns 1,050 shares of the oil and gas exploration company’s stock valued at $40,000 after purchasing an additional 300 shares during the period. Institutional investors own 5.29% of the company’s stock.
Shares of TOT stock opened at $33.00 on Friday. The company’s fifty day simple moving average is $36.28 and its 200-day simple moving average is $37.29. The company has a quick ratio of 1.11, a current ratio of 1.31 and a debt-to-equity ratio of 0.59. The firm has a market cap of $87.55 billion, a PE ratio of -25.98, a P/E/G ratio of 32.02 and a beta of 0.64. Total SA has a 12 month low of $22.13 and a 12 month high of $56.91.
Total (NYSE:TOT) last announced its quarterly earnings data on Thursday, July 30th. The oil and gas exploration company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.15. The business had revenue of $25.73 billion for the quarter. Total had a negative net margin of 1.75% and a positive return on equity of 7.12%. On average, equities analysts predict that Total SA will post 1.32 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 24th were given a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 7.82%. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Total’s previous quarterly dividend of $0.63. Total’s payout ratio is currently 58.22%.
TOT has been the subject of a number of analyst reports. Morgan Stanley upgraded shares of Total from an “equal weight” rating to an “overweight” rating in a report on Friday, July 31st. JPMorgan Chase & Co. restated an “overweight” rating on shares of Total in a report on Wednesday, July 15th. Scotiabank initiated coverage on shares of Total in a report on Wednesday, September 23rd. They issued a “sector perform” rating and a $44.00 price target for the company. Kepler Capital Markets reiterated a “buy” rating on shares of Total in a report on Friday, July 31st. Finally, Piper Sandler upped their price target on shares of Total from $45.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Total currently has a consensus rating of “Buy” and a consensus price target of $47.83.
Total Company 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.
Featured Article: What does earnings per share mean?
Want to see what other hedge funds are holding TOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Total SA (NYSE:TOT).
Receive News & Ratings for Total Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total and related companies with MarketBeat.com's FREE daily email newsletter.