TotalFinaElf, S.A. (TOT) is First Trust Bank Ltd.’s 5th Largest Position
First Trust Bank Ltd. held its stake in TotalFinaElf, S.A. (NYSE:TOT) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 58,771 shares of the oil and gas exploration company’s stock at the close of the second quarter. TotalFinaElf, makes up approximately 11.7% of First Trust Bank Ltd.’s portfolio, making the stock its 5th largest position. First Trust Bank Ltd.’s holdings in TotalFinaElf, were worth $2,914,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. IHT Wealth Management LLC grew its position in 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 acquiring an additional 87 shares during the period. SRS Capital Advisors Inc. raised its stake in TotalFinaElf, by 30.5% during the first quarter. SRS Capital Advisors Inc. now owns 2,347 shares of the oil and gas exploration company’s stock worth $118,000 after acquiring an additional 548 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in TotalFinaElf, by 11.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock worth $127,000 after acquiring an additional 257 shares in the last quarter. NEXT Financial Group Inc raised its stake in TotalFinaElf, by 30.1% during the second quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock worth $128,000 after acquiring an additional 600 shares in the last quarter. Finally, Grove Bank & Trust raised its stake in TotalFinaElf, by 243.2% during the second quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock worth $139,000 after acquiring an additional 1,982 shares in the last quarter. Institutional investors own 5.41% of the company’s stock.
TotalFinaElf, S.A. (NYSE TOT) traded down 0.73% during midday trading on Monday, reaching $53.13. 311,247 shares of the company’s stock traded hands. The company has a market cap of $129.81 billion, a P/E ratio of 21.17 and a beta of 0.75. The stock has a 50-day moving average of $51.84 and a 200 day moving average of $51.06. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week high of $55.04.
TotalFinaElf, (NYSE:TOT) last posted its earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.01). The firm had revenue of $39.92 billion during the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. On average, analysts anticipate that TotalFinaElf, S.A. will post $3.92 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd will be given a $0.7416 dividend. The ex-dividend date is Thursday, September 21st. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.54%. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is 80.41%.
Several brokerages have recently commented on TOT. BidaskClub upgraded shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. Societe Generale reiterated a “buy” rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. Royal Bank Of Canada cut shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 26th. Cowen and Company reissued a “buy” rating and set a $58.00 price target on shares of TotalFinaElf, in a report on Tuesday, September 19th. Finally, Scotiabank set a $54.00 price target on shares of TotalFinaElf, and gave the company a “hold” rating in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. TotalFinaElf, currently has a consensus rating of “Hold” and an average target price of $56.00.
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TotalFinaElf, 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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