Partnervest Advisory Services LLC boosted its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 8.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,950 shares of the oil and gas exploration company’s stock after buying an additional 1,015 shares during the period. Partnervest Advisory Services LLC’s holdings in TotalFinaElf, were worth $642,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. IHT Wealth Management LLC increased 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 valued at $106,000 after buying an additional 87 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of TotalFinaElf, by 12.1% in the first quarter. Quadrant Capital Group LLC now owns 2,230 shares of the oil and gas exploration company’s stock valued at $103,000 after buying an additional 241 shares during the last quarter. SRS Capital Advisors Inc. increased 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 valued at $118,000 after buying an additional 548 shares during the last quarter. Smith Asset Management Group LP increased 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 valued at $124,000 after buying an additional 2,030 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased 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 valued at $127,000 after buying an additional 257 shares during the last quarter. 6.14% of the stock is owned by hedge funds and other institutional investors.

Shares of TotalFinaElf, S.A. (NYSE:TOT) opened at 51.31 on Thursday. The stock’s 50 day moving average is $50.01 and its 200 day moving average is $50.80. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week high of $54.71. The stock has a market cap of $127.81 billion, a PE ratio of 17.69 and a beta of 0.76.

TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data 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 net margin of 4.59% and a return on equity of 9.07%. The business had revenue of $39.92 billion for the quarter. Equities research analysts forecast that TotalFinaElf, S.A. will post $3.99 earnings per share for the current year.

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Several brokerages have commented on TOT. Scotiabank set a $52.00 price target on shares of TotalFinaElf, and gave the company a “hold” rating in a report on Tuesday. ValuEngine raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. BidaskClub downgraded shares of TotalFinaElf, from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Finally, Howard Weil downgraded shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a report on Wednesday, May 17th. One analyst has rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. TotalFinaElf, 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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