Capital Innovations LLC Buys 975 Shares of TotalFinaElf, S.A. (TOT)

Capital Innovations LLC lifted its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 6.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,177 shares of the oil and gas exploration company’s stock after buying an additional 975 shares during the quarter. TotalFinaElf, makes up about 3.3% of Capital Innovations LLC’s investment portfolio, making the stock its 5th largest holding. Capital Innovations LLC’s holdings in TotalFinaElf, were worth $852,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Bank of Nova Scotia acquired a new stake in shares of TotalFinaElf, during the second quarter worth approximately $843,000. Raymond James Financial Services Advisors Inc. grew its position in shares of TotalFinaElf, by 14.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 73,406 shares of the oil and gas exploration company’s stock worth $3,640,000 after buying an additional 9,102 shares in the last quarter. Quadrant Capital Group LLC grew its position in shares of TotalFinaElf, by 319.1% during the second quarter. Quadrant Capital Group LLC now owns 9,347 shares of the oil and gas exploration company’s stock worth $435,000 after buying an additional 7,117 shares in the last quarter. TVR Capital Management LP acquired a new stake in shares of TotalFinaElf, during the second quarter worth approximately $2,678,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of TotalFinaElf, by 14.8% during the second quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock worth $195,000 after buying an additional 507 shares in the last quarter. 5.41% of the stock is owned by institutional investors and hedge funds.

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A number of analysts have recently weighed in on the stock. Scotiabank set a $52.00 price target on shares of TotalFinaElf, and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Cowen and Company reissued a “buy” rating and set a $58.00 price target on shares of TotalFinaElf, in a research report on Tuesday, September 19th. Royal Bank Of Canada downgraded shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 26th. BidaskClub raised shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Finally, Barclays PLC downgraded shares of TotalFinaElf, from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. TotalFinaElf, has an average rating of “Hold” and a consensus target price of $56.00.

TotalFinaElf, S.A. (TOT) traded up 0.909% during trading on Tuesday, reaching $53.845. 651,491 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $52.93 and its 200-day moving average price is $51.45. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week high of $55.04. The company has a market capitalization of $134.13 billion, a price-to-earnings ratio of 18.567 and a beta of 0.75.

TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.01). The firm had revenue of $39.92 billion for the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. Equities analysts expect that TotalFinaElf, S.A. will post $3.92 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd will be given a dividend of $0.7416 per share. The ex-dividend date is Thursday, September 21st. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.56%. TotalFinaElf,’s payout ratio is currently 80.41%.

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.

Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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