Steward Partners Investment Advisory LLC bought a new position in Total SA (NYSE:TOT) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 13,167 shares of the oil and gas exploration company’s stock, valued at approximately $704,000.
Several other hedge funds have also recently modified their holdings of the business. Fieldpoint Private Securities LLC purchased a new stake in shares of Total in the 3rd quarter worth $379,000. Parallel Advisors LLC lifted its holdings in shares of Total by 47.3% in the 3rd quarter. Parallel Advisors LLC now owns 5,426 shares of the oil and gas exploration company’s stock worth $301,000 after buying an additional 1,742 shares during the period. Neuberger Berman Group LLC lifted its holdings in shares of Total by 38.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 227,492 shares of the oil and gas exploration company’s stock worth $12,175,000 after buying an additional 63,507 shares during the period. Guardian Capital Advisors LP lifted its holdings in shares of Total by 1.7% in the 3rd quarter. Guardian Capital Advisors LP now owns 101,520 shares of the oil and gas exploration company’s stock worth $5,498,000 after buying an additional 1,720 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Total by 9.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 114,614 shares of the oil and gas exploration company’s stock worth $6,134,000 after buying an additional 9,521 shares during the period. Institutional investors and hedge funds own 5.39% of the company’s stock.
Shares of Total SA (NYSE TOT) traded down $0.80 during midday trading on Friday, hitting $54.37. The company had a trading volume of 2,380,000 shares, compared to its average volume of 1,490,000. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.36. The stock has a market cap of $138,380.00, a PE ratio of 13.66, a P/E/G ratio of 2.21 and a beta of 0.79. Total SA has a 1 year low of $48.15 and a 1 year high of $57.07.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Monday, December 18th will be paid a dividend of $0.734 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date is Friday, December 15th. Total’s dividend payout ratio (DPR) is currently 53.00%.
TOT has been the subject of several research reports. TD Securities reiterated a “buy” rating and issued a $20.00 target price on shares of Total in a report on Friday, November 24th. Cowen reiterated a “buy” rating and issued a $58.00 target price on shares of Total in a report on Tuesday, October 24th. BidaskClub upgraded Total from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. J P Morgan Chase & Co cut Total from a “neutral” rating to an “underweight” rating in a report on Thursday, December 7th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $53.00 price objective on shares of Total in a research note on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. Total currently has an average rating of “Hold” and an average target price of $49.50.
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Total 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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