Conning Inc. boosted its position in shares of TotalFinaElf, S.A. (NYSE:TOT) by 124.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,660 shares of the oil and gas exploration company’s stock after buying an additional 16,450 shares during the period. Conning Inc.’s holdings in TotalFinaElf, were worth $1,303,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TOT. IHT Wealth Management LLC raised its position in shares of TotalFinaElf, by 4.4% in the first quarter. IHT Wealth Management LLC now owns 2,080 shares of the oil and gas exploration company’s stock worth $106,000 after buying an additional 87 shares in the last quarter. SRS Capital Advisors Inc. raised its position in shares of TotalFinaElf, by 30.5% in the first quarter. SRS Capital Advisors Inc. now owns 2,347 shares of the oil and gas exploration company’s stock worth $118,000 after buying an additional 548 shares in the last quarter. Smith Asset Management Group LP raised its position in shares of TotalFinaElf, by 483.3% in the first quarter. Smith Asset Management Group LP now owns 2,450 shares of the oil and gas exploration company’s stock worth $124,000 after buying an additional 2,030 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of TotalFinaElf, by 11.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock worth $127,000 after buying an additional 257 shares in the last quarter. Finally, NEXT Financial Group Inc raised its position in shares of TotalFinaElf, by 30.1% in the second quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock worth $128,000 after buying an additional 600 shares in the last quarter. 6.18% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TotalFinaElf, S.A. (NYSE TOT) opened at 50.18 on Tuesday. TotalFinaElf, S.A. has a 12 month low of $45.05 and a 12 month high of $54.71. The company’s 50 day moving average price is $50.11 and its 200 day moving average price is $50.78. The company has a market capitalization of $125.00 billion, a P/E ratio of 17.30 and a beta of 0.76.

TotalFinaElf, (NYSE:TOT) last posted its earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by $0.01. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. The business had revenue of $39.92 billion for the quarter. Analysts expect that TotalFinaElf, S.A. will post $3.95 EPS for the current fiscal year.

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A number of research analysts have commented on the company. Scotiabank reaffirmed a “hold” rating and issued a $54.00 price objective on shares of TotalFinaElf, in a report on Wednesday, May 17th. BidaskClub downgraded TotalFinaElf, from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 24th. ValuEngine upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. TheStreet upgraded TotalFinaElf, from a “c” rating to a “b” rating in a research report on Thursday, April 27th. Finally, Canaccord Genuity upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. One research analyst has rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $53.75.

About TotalFinaElf,

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

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Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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