Total SA (TOT) Short Interest Update
Total SA (NYSE:TOT) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,505,599 shares, an increase of 67.9% from the August 15th total of 2,087,991 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,629,313 shares, the days-to-cover ratio is currently 1.3 days.
Total stock opened at $63.05 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.35 and a debt-to-equity ratio of 0.32. The firm has a market cap of $156.25 billion, a price-to-earnings ratio of 15.33, a P/E/G ratio of 0.94 and a beta of 0.76. Total has a fifty-two week low of $52.95 and a fifty-two week high of $65.69.
Total (NYSE:TOT) last released its quarterly earnings results on Thursday, July 26th. The oil and gas exploration company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.19). The company had revenue of $52.54 billion for the quarter. Total had a return on equity of 10.19% and a net margin of 5.25%. research analysts anticipate that Total will post 5.53 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. increased its position in Total by 26.6% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 4,322,329 shares of the oil and gas exploration company’s stock worth $249,355,000 after buying an additional 907,576 shares in the last quarter. FMR LLC increased its position in Total by 33.6% during the second quarter. FMR LLC now owns 3,475,857 shares of the oil and gas exploration company’s stock worth $210,498,000 after buying an additional 874,469 shares in the last quarter. Morgan Stanley increased its position in Total by 11.5% during the second quarter. Morgan Stanley now owns 3,114,505 shares of the oil and gas exploration company’s stock worth $188,615,000 after buying an additional 320,069 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Total by 3.7% during the first quarter. PNC Financial Services Group Inc. now owns 3,105,583 shares of the oil and gas exploration company’s stock worth $179,160,000 after buying an additional 110,236 shares in the last quarter. Finally, Northern Trust Corp increased its position in Total by 6.0% during the second quarter. Northern Trust Corp now owns 2,826,849 shares of the oil and gas exploration company’s stock worth $171,195,000 after buying an additional 158,954 shares in the last quarter. 5.30% of the stock is owned by institutional investors.
TOT has been the subject of several research reports. UBS Group raised Total from a “neutral” rating to a “buy” rating in a report on Friday, August 3rd. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Total in a report on Tuesday, August 7th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a report on Tuesday, May 29th. ValuEngine cut Total from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, Berenberg Bank initiated coverage on Total in a report on Tuesday, September 11th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $50.86.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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