Orca Investment Management LLC reduced its stake in shares of Total SA (NYSE:TOT) by 2.2% during the second quarter, Holdings Channel reports. The firm owned 6,686 shares of the oil and gas exploration company’s stock after selling 149 shares during the period. Orca Investment Management LLC’s holdings in Total SA were worth $322,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Franklin Resources Inc. boosted its position in Total SA by 1.3% in the first quarter. Franklin Resources Inc. now owns 21,309,176 shares of the oil and gas exploration company’s stock valued at $967,862,000 after buying an additional 272,701 shares during the last quarter. Wellington Management Group LLP boosted its position in Total SA by 8.6% in the first quarter. Wellington Management Group LLP now owns 8,611,958 shares of the oil and gas exploration company’s stock valued at $391,155,000 after buying an additional 678,605 shares during the last quarter. Sound Shore Management Inc. CT boosted its position in Total SA by 12,608.3% in the first quarter. Sound Shore Management Inc. CT now owns 2,961,033 shares of the oil and gas exploration company’s stock valued at $134,490,000 after buying an additional 2,937,733 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Total SA by 7.1% in the second quarter. Eagle Asset Management Inc. now owns 1,636,110 shares of the oil and gas exploration company’s stock valued at $78,696,000 after buying an additional 108,160 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in Total SA by 18.0% in the first quarter. Royal Bank of Canada now owns 763,350 shares of the oil and gas exploration company’s stock valued at $34,670,000 after buying an additional 116,656 shares during the last quarter.

Shares of Total SA (NYSE:TOT) traded up 2.01% on Wednesday, hitting $47.14. 1,322,712 shares of the company were exchanged. The firm’s 50-day moving average is $48.08 and its 200-day moving average is $47.70. The stock has a market capitalization of $112.63 billion, a PE ratio of 37.21 and a beta of 1.12. Total SA has a 52-week low of $39.05 and a 52-week high of $52.34.

Several research firms have recently commented on TOT. Zacks Investment Research upgraded Total SA from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research note on Wednesday, September 14th. TheStreet lowered Total SA from a “buy” rating to a “hold” rating in a research note on Friday, August 26th. Sanford C. Bernstein lowered Total SA from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 8th. Bank of America Corp. lowered Total SA from a “buy” rating to a “neutral” rating in a research note on Friday, July 15th. Finally, Canaccord Genuity restated a “buy” rating on shares of Total SA in a research note on Monday, June 6th. Ten investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Total SA currently has an average rating of “Buy” and an average target price of $49.41.

Total SA Company Profile

Total SA is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities.

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