Total SA (TOT) Position Trimmed by Rand Wealth LLC

Rand Wealth LLC reduced its stake in Total SA (NYSE:TOT) by 8.7% during the third quarter, HoldingsChannel reports. The firm owned 39,452 shares of the oil and gas exploration company’s stock after selling 3,776 shares during the period. Rand Wealth LLC’s holdings in Total were worth $2,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cordasco Financial Network purchased a new position in shares of Total during the third quarter worth approximately $103,000. Girard Partners LTD. bought a new stake in Total in the third quarter valued at $103,000. TRUE Private Wealth Advisors bought a new stake in Total in the third quarter valued at $116,000. Chicago Partners Investment Group LLC bought a new stake in Total in the third quarter valued at $125,000. Finally, CWM LLC boosted its holdings in Total by 3,696.6% in the second quarter. CWM LLC now owns 2,202 shares of the oil and gas exploration company’s stock valued at $133,000 after acquiring an additional 2,144 shares in the last quarter. 6.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of TOT traded down $0.49 during trading hours on Tuesday, hitting $56.47. The company had a trading volume of 16,452 shares, compared to its average volume of 1,476,461. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.28 and a quick ratio of 0.99. The firm has a market cap of $138.71 billion, a PE ratio of 13.68, a P/E/G ratio of 0.82 and a beta of 0.78. Total SA has a 52-week low of $53.37 and a 52-week high of $65.69.

Total (NYSE:TOT) last posted its quarterly earnings results on Friday, October 26th. The oil and gas exploration company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.06. The firm had revenue of $54.72 billion during the quarter. Total had a return on equity of 11.09% and a net margin of 5.55%. As a group, sell-side analysts anticipate that Total SA will post 5.46 EPS for the current year.

Several research firms recently weighed in on TOT. ValuEngine upgraded shares of Total from a “sell” rating to a “hold” rating in a report on Monday, November 19th. JPMorgan Chase & Co. restated a “sell” rating on shares of Total in a report on Friday, October 26th. Barclays restated a “buy” rating on shares of Total in a report on Friday, September 14th. Berenberg Bank started coverage on shares of Total in a report on Tuesday, September 11th. They set a “buy” rating on the stock. Finally, UBS Group restated a “buy” rating on shares of Total in a report on Friday, October 26th. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Total has a consensus rating of “Buy” and an average price target of $56.00.

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Total Profile

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.

Further Reading: Stop Order

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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