Total SA (TOT) Position Lifted by Regentatlantic Capital LLC
Regentatlantic Capital LLC increased its stake in Total SA (NYSE:TOT) by 8.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 146,723 shares of the oil and gas exploration company’s stock after purchasing an additional 11,068 shares during the period. Regentatlantic Capital LLC’s holdings in Total were worth $8,111,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Perennial Advisors LLC bought a new position in Total in the third quarter valued at about $120,000. Bank of Nova Scotia Trust Co. bought a new position in Total in the third quarter valued at about $147,000. Lenox Wealth Management Inc. grew its position in Total by 46.0% in the third quarter. Lenox Wealth Management Inc. now owns 2,915 shares of the oil and gas exploration company’s stock valued at $157,000 after acquiring an additional 919 shares during the last quarter. Advisory Services Network LLC grew its position in Total by 251.1% in the second quarter. Advisory Services Network LLC now owns 3,283 shares of the oil and gas exploration company’s stock valued at $163,000 after acquiring an additional 2,348 shares during the last quarter. Finally, Viking Fund Management LLC grew its position in Total by 278.9% in the fourth quarter. Viking Fund Management LLC now owns 3,600 shares of the oil and gas exploration company’s stock valued at $199,000 after acquiring an additional 2,650 shares during the last quarter. Hedge funds and other institutional investors own 5.38% of the company’s stock.
TOT has been the topic of a number of recent analyst reports. TD Securities reiterated a “buy” rating and issued a $20.00 target price on shares of Total in a research report on Friday, November 24th. Cowen reiterated a “buy” rating and issued a $58.00 target price on shares of Total in a research report on Tuesday, October 24th. Goldman Sachs Group reiterated a “buy” rating on shares of Total in a research report on Monday, December 11th. Zacks Investment Research upgraded Total from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Saturday. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $19.00 target price on shares of Total in a research report on Tuesday, January 16th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Total has an average rating of “Hold” and an average price target of $48.63.
Total (NYSE:TOT) last announced its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 EPS for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.03). Total had a net margin of 4.90% and a return on equity of 9.39%. The firm had revenue of $43.04 billion for the quarter. analysts forecast that Total SA will post 4.15 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Monday, December 18th were paid a dividend of $0.734 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date was Friday, December 15th. Total’s payout ratio is 35.65%.
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Total Company Profile
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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