Janney Montgomery Scott LLC Has $6.13 Million Position in Total SA (TOT)
Janney Montgomery Scott LLC boosted its stake in shares of Total SA (NYSE:TOT) by 9.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,614 shares of the oil and gas exploration company’s stock after purchasing an additional 9,521 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Total were worth $6,134,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in Total by 9.2% during the 3rd quarter. Wells Fargo & Company MN now owns 6,952,181 shares of the oil and gas exploration company’s stock valued at $372,080,000 after purchasing an additional 587,013 shares during the period. Cambiar Investors LLC boosted its position in Total by 1.1% during the 3rd quarter. Cambiar Investors LLC now owns 3,537,378 shares of the oil and gas exploration company’s stock worth $189,320,000 after acquiring an additional 39,574 shares during the period. Federated Investors Inc. PA boosted its position in Total by 19.4% during the 2nd quarter. Federated Investors Inc. PA now owns 3,263,793 shares of the oil and gas exploration company’s stock worth $161,851,000 after acquiring an additional 529,941 shares during the period. Capital World Investors boosted its position in Total by 2.3% during the 2nd quarter. Capital World Investors now owns 3,016,497 shares of the oil and gas exploration company’s stock worth $149,588,000 after acquiring an additional 69,255 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in Total by 4.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,542,039 shares of the oil and gas exploration company’s stock worth $82,501,000 after acquiring an additional 61,841 shares during the period. Institutional investors and hedge funds own 5.39% of the company’s stock.
Shares of Total SA (NYSE:TOT) traded up $0.36 during trading on Wednesday, hitting $56.03. The stock had a trading volume of 1,364,600 shares, compared to its average volume of 1,690,278. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.47. The firm has a market capitalization of $138,671.28, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 2.26 and a beta of 0.77. Total SA has a twelve month low of $48.15 and a twelve month high of $57.07.
Total (NYSE:TOT) last announced its quarterly earnings data on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.07 by ($0.03). The firm had revenue of $43.04 billion during the quarter. Total had a net margin of 4.90% and a return on equity of 9.39%. equities research analysts expect that Total SA will post 4.11 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Monday, December 18th will be issued a $0.734 dividend. The ex-dividend date of this dividend is Friday, December 15th. This represents a $2.94 annualized dividend and a dividend yield of 5.24%. Total’s dividend payout ratio (DPR) is 52.83%.
TOT has been the subject of a number of analyst reports. Scotiabank set a $54.00 price target on Total and gave the stock a “hold” rating in a research report on Tuesday, August 22nd. TD Securities reiterated a “buy” rating and set a $20.00 price target on shares of Total in a research report on Friday, November 24th. Cowen reiterated a “buy” rating and set a $58.00 price target on shares of Total in a research report on Tuesday, October 24th. Piper Jaffray Companies reiterated a “hold” rating and set a $53.00 price target on shares of Total in a research report on Thursday, October 19th. Finally, Barclays lowered Total from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Total currently has a consensus rating of “Hold” and an average price target of $49.50.
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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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