US Bancorp DE reduced its holdings in shares of Total SA (NYSE:TOT) by 0.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 120,273 shares of the oil and gas exploration company’s stock after selling 1,049 shares during the quarter. US Bancorp DE’s holdings in Total were worth $7,744,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC boosted its stake in shares of Total by 2,993.5% during the 3rd quarter. Fisher Asset Management LLC now owns 16,285,755 shares of the oil and gas exploration company’s stock worth $1,048,640,000 after acquiring an additional 15,759,310 shares during the period. FMR LLC boosted its stake in shares of Total by 33.6% during the 2nd quarter. FMR LLC now owns 3,475,857 shares of the oil and gas exploration company’s stock worth $210,498,000 after acquiring an additional 874,469 shares during the period. Morgan Stanley boosted its stake in shares of Total by 11.5% during the 2nd quarter. Morgan Stanley now owns 3,114,505 shares of the oil and gas exploration company’s stock worth $188,615,000 after acquiring an additional 320,069 shares during the period. Northern Trust Corp boosted its stake in shares of Total by 6.0% during the 2nd quarter. Northern Trust Corp now owns 2,826,849 shares of the oil and gas exploration company’s stock worth $171,195,000 after acquiring an additional 158,954 shares during the period. Finally, RNC Capital Management LLC boosted its stake in shares of Total by 1.5% during the 3rd quarter. RNC Capital Management LLC now owns 863,679 shares of the oil and gas exploration company’s stock worth $55,612,000 after acquiring an additional 12,356 shares during the period. Institutional investors own 5.94% of the company’s stock.
TOT has been the subject of several research analyst reports. Barclays reiterated a “buy” rating on shares of Total in a research note on Friday, September 14th. Berenberg Bank started coverage on Total in a report on Tuesday, September 11th. They set a “buy” rating for the company. UBS Group raised Total from a “neutral” rating to a “buy” rating in a report on Friday, August 3rd. Goldman Sachs Group reissued a “buy” rating on shares of Total in a report on Friday, October 26th. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Total in a report on Friday, October 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $50.86.
NYSE:TOT opened at $57.40 on Friday. The company has a market cap of $147.97 billion, a P/E ratio of 11.94, a PEG ratio of 0.87 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 0.34. Total SA has a 1-year low of $53.37 and a 1-year high of $65.69.
Total (NYSE:TOT) last released its quarterly earnings results on Friday, October 26th. The oil and gas exploration company reported $1.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.41 by $0.06. The business had revenue of $54.72 billion during the quarter. Total had a return on equity of 11.09% and a net margin of 5.55%. As a group, equities research analysts forecast that Total SA will post 5.47 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 19th. Shareholders of record on Monday, September 24th were issued a $0.7442 dividend. The ex-dividend date was Friday, September 21st. This is a boost from Total’s previous quarterly dividend of $0.73. This represents a $2.98 annualized dividend and a yield of 5.19%. Total’s payout ratio is currently 60.19%.
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TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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