Financial Partners Capital Management LLC Increases Stake in TotalFinaElf, S.A. (TOT)

Financial Partners Capital Management LLC grew its position in shares of TotalFinaElf, S.A. (NYSE:TOT) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,870 shares of the oil and gas exploration company’s stock after buying an additional 4,745 shares during the quarter. Financial Partners Capital Management LLC’s holdings in TotalFinaElf, were worth $4,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Miles Capital Inc. lifted its holdings in shares of TotalFinaElf, by 0.3% during the 2nd quarter. Miles Capital Inc. now owns 7,087 shares of the oil and gas exploration company’s stock valued at $351,000 after buying an additional 20 shares during the last quarter. First Interstate Bank lifted its holdings in shares of TotalFinaElf, by 1.8% during the 2nd quarter. First Interstate Bank now owns 2,810 shares of the oil and gas exploration company’s stock valued at $139,000 after buying an additional 50 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of TotalFinaElf, by 0.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 12,320 shares of the oil and gas exploration company’s stock valued at $611,000 after buying an additional 62 shares during the last quarter. Shoker Investment Counsel Inc. lifted its holdings in shares of TotalFinaElf, by 0.4% during the 2nd quarter. Shoker Investment Counsel Inc. now owns 16,324 shares of the oil and gas exploration company’s stock valued at $809,000 after buying an additional 66 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in shares of TotalFinaElf, by 1.5% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 5,245 shares of the oil and gas exploration company’s stock valued at $266,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 5.41% of the company’s stock.

Shares of TotalFinaElf, S.A. (NYSE:TOT) traded up 0.90% on Tuesday, hitting $53.84. The company had a trading volume of 683,774 shares. The firm has a market capitalization of $134.11 billion, a P/E ratio of 18.57 and a beta of 0.75. The firm has a 50 day moving average of $52.93 and a 200-day moving average of $51.45. TotalFinaElf, S.A. has a 12-month low of $45.05 and a 12-month high of $55.04.

TotalFinaElf, (NYSE:TOT) last issued its quarterly 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). TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. The company had revenue of $39.92 billion for the quarter. On average, equities analysts predict that TotalFinaElf, S.A. will post $3.92 EPS for the current year.

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

Several equities research analysts have recently issued reports on TOT shares. BidaskClub upgraded TotalFinaElf, from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Societe Generale reiterated a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. Royal Bank Of Canada lowered TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 26th. Cowen and Company reiterated 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 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, nine have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $56.00.

TRADEMARK VIOLATION NOTICE: This article was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/10/10/financial-partners-capital-management-llc-increases-stake-in-totalfinaelf-s-a-tot.html.

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)

What are top analysts saying about TotalFinaElf S.A.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for TotalFinaElf S.A. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit