Cullen Frost Bankers Inc. trimmed its position in Total SA (NYSE:TOT) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,788 shares of the oil and gas exploration company’s stock after selling 1,739 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Total were worth $1,133,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of TOT. V Wealth Advisors LLC grew its position in Total by 2.2% in the second quarter. V Wealth Advisors LLC now owns 8,954 shares of the oil and gas exploration company’s stock valued at $505,000 after acquiring an additional 195 shares during the period. First American Bank grew its holdings in shares of Total by 0.7% during the second quarter. First American Bank now owns 31,099 shares of the oil and gas exploration company’s stock worth $1,735,000 after purchasing an additional 210 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in shares of Total by 3.2% during the second quarter. Rehmann Capital Advisory Group now owns 7,170 shares of the oil and gas exploration company’s stock worth $400,000 after purchasing an additional 222 shares during the last quarter. Willingdon Wealth Management grew its holdings in shares of Total by 20.4% during the third quarter. Willingdon Wealth Management now owns 1,314 shares of the oil and gas exploration company’s stock worth $68,000 after purchasing an additional 223 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Total by 15.2% during the third quarter. Wealthcare Advisory Partners LLC now owns 1,738 shares of the oil and gas exploration company’s stock worth $90,000 after purchasing an additional 229 shares during the last quarter. Institutional investors and hedge funds own 6.16% of the company’s stock.
NYSE:TOT traded down $0.27 during mid-day trading on Friday, hitting $54.62. The company had a trading volume of 77,123 shares, compared to its average volume of 1,720,365. Total SA has a fifty-two week low of $47.70 and a fifty-two week high of $59.17. The business’s fifty day moving average is $51.87 and its two-hundred day moving average is $52.64. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 1.22. The firm has a market cap of $144.55 billion, a P/E ratio of 10.81, a P/E/G ratio of 1.81 and a beta of 0.71.
Several equities analysts have recently issued reports on TOT shares. Wolfe Research set a $90.00 price target on Total and gave the company a “buy” rating in a research note on Thursday, September 26th. BMO Capital Markets started coverage on Total in a research note on Tuesday, August 20th. They set a “market perform” rating on the stock. Morgan Stanley lowered Total from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 31st. Credit Suisse Group reaffirmed a “buy” rating and set a $58.00 price target on shares of Total in a research note on Monday, July 15th. Finally, ValuEngine raised Total from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Total presently has a consensus rating of “Buy” and a consensus target price of $52.13.
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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