Todd Asset Management LLC Decreases Holdings in TotalFinaElf, S.A. (TOT)
Todd Asset Management LLC trimmed its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 2.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,321,370 shares of the oil and gas exploration company’s stock after selling 38,705 shares during the quarter. TotalFinaElf, accounts for 2.0% of Todd Asset Management LLC’s portfolio, making the stock its largest holding. Todd Asset Management LLC owned approximately 0.05% of TotalFinaElf, worth $70,719,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sound Shore Management Inc. CT boosted its holdings in shares of TotalFinaElf, by 20.7% in the 2nd quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock worth $191,968,000 after acquiring an additional 663,620 shares in the last quarter. Cambiar Investors LLC boosted its holdings in shares of TotalFinaElf, by 1.1% in 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 in the last quarter. Federated Investors Inc. PA boosted its holdings in shares of TotalFinaElf, by 19.4% in 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 in the last quarter. Capital World Investors boosted its holdings in shares of TotalFinaElf, by 2.3% in 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 in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of TotalFinaElf, by 12.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,480,198 shares of the oil and gas exploration company’s stock worth $73,405,000 after acquiring an additional 158,455 shares in the last quarter. 5.29% of the stock is currently owned by institutional investors.
Shares of TotalFinaElf, S.A. (NYSE:TOT) traded down $0.37 during trading on Monday, hitting $56.17. 1,291,000 shares of the company’s stock traded hands, compared to its average volume of 1,710,583. The company has a market cap of $139,940.00, a PE ratio of 14.11, a price-to-earnings-growth ratio of 2.25 and a beta of 0.79. TotalFinaElf, S.A. has a 52 week low of $45.05 and a 52 week high of $56.98. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.36.
TotalFinaElf, (NYSE:TOT) last issued its earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.03). The business had revenue of $43.04 billion for the quarter. TotalFinaElf, had a net margin of 4.90% and a return on equity of 9.39%. research analysts forecast that TotalFinaElf, S.A. will post 4.17 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd were given a dividend of $0.7416 per share. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date was Thursday, September 21st. This represents a $2.97 annualized dividend and a dividend yield of 5.28%. TotalFinaElf,’s payout ratio is presently 53.00%.
TOT has been the topic of several recent analyst reports. Cowen and Company reissued a “buy” rating and issued a $58.00 target price on shares of TotalFinaElf, in a report on Tuesday, October 24th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. ValuEngine raised TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Canaccord Genuity raised TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Friday, July 21st. Finally, Barclays PLC downgraded TotalFinaElf, from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $50.30 to $57.00 in a report on Monday, August 21st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. TotalFinaElf, presently has a consensus rating of “Hold” and a consensus target price of $55.40.
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.
Receive News & Ratings for TotalFinaElf S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TotalFinaElf S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.