Total SA (TOT) Stake Increased by Greytown Advisors Inc.
Greytown Advisors Inc. grew its holdings in Total SA (NYSE:TOT) by 106.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,106 shares of the oil and gas exploration company’s stock after buying an additional 9,849 shares during the period. Total accounts for about 0.6% of Greytown Advisors Inc.’s portfolio, making the stock its 27th biggest holding. Greytown Advisors Inc.’s holdings in Total were worth $1,033,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in shares of Total by 9.2% in the third 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 buying an additional 587,013 shares during the last quarter. Cambiar Investors LLC lifted its holdings 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 purchasing an additional 39,574 shares during the last quarter. Federated Investors Inc. PA lifted its holdings 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 purchasing an additional 529,941 shares during the last quarter. Capital World Investors lifted its holdings 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 purchasing an additional 69,255 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings 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 purchasing an additional 61,841 shares during the last quarter. 5.39% of the stock is owned by institutional investors.
Total SA (NYSE:TOT) traded down $0.06 during trading on Monday, reaching $55.68. The company’s stock had a trading volume of 2,866,500 shares, compared to its average volume of 1,694,367. Total SA has a 12-month low of $48.15 and a 12-month high of $57.07. 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 company has a market cap of $138,696.20, a price-to-earnings ratio of 13.99, a PEG ratio of 2.26 and a beta of 0.77.
Total (NYSE:TOT) last posted its quarterly earnings data 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 return on equity of 9.39% and a net margin of 4.90%. The company had revenue of $43.04 billion for the quarter. equities analysts expect that Total SA will post 4.11 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.734 per share. The ex-dividend date is Friday, December 15th. This represents a $2.94 dividend on an annualized basis and a yield of 5.27%. Total’s dividend payout ratio (DPR) is presently 52.83%.
TOT has been the subject of several research reports. BidaskClub raised Total from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Barclays cut Total from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $50.30 to $57.00 in a report on Monday, August 21st. Scotiabank set a $54.00 price target on Total and gave the stock a “hold” rating in a report on Tuesday, August 22nd. Cowen reissued a “buy” rating and set a $58.00 price target on shares of Total in a report on Tuesday, September 19th. Finally, Royal Bank Of Canada cut Total from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price 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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