Commonwealth Equity Services LLC Reduces Position in Total SA (NYSE:TOT)

Commonwealth Equity Services LLC cut its position in Total SA (NYSE:TOT) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,900 shares of the oil and gas exploration company’s stock after selling 3,387 shares during the period. Commonwealth Equity Services LLC’s holdings in Total were worth $4,726,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Buckingham Capital Management Inc. increased its holdings in shares of Total by 19.7% in the 1st quarter. Buckingham Capital Management Inc. now owns 40,709 shares of the oil and gas exploration company’s stock valued at $2,265,000 after purchasing an additional 6,692 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Total during the first quarter worth $169,000. Anderson Hoagland & Co. lifted its position in shares of Total by 1.1% during the second quarter. Anderson Hoagland & Co. now owns 36,194 shares of the oil and gas exploration company’s stock worth $1,864,000 after purchasing an additional 377 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in shares of Total by 28.6% during the second quarter. Foundations Investment Advisors LLC now owns 25,694 shares of the oil and gas exploration company’s stock worth $1,426,000 after purchasing an additional 5,715 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Total by 78.6% during the second quarter. Crossmark Global Holdings Inc. now owns 347,578 shares of the oil and gas exploration company’s stock worth $19,391,000 after purchasing an additional 152,929 shares in the last quarter. 6.16% of the stock is currently owned by institutional investors.

A number of research firms have recently commented on TOT. Kepler Capital Markets reissued a “buy” rating on shares of Total in a research report on Monday, September 16th. BMO Capital Markets started coverage on shares of Total in a research note on Tuesday, August 20th. They issued a “market perform” rating for the company. ValuEngine upgraded shares of Total from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Wolfe Research set a $90.00 price target on shares of Total and gave the stock a “buy” rating in a research note on Thursday, September 26th. Finally, JPMorgan Chase & Co. upgraded shares of Total from a “neutral” rating to an “overweight” rating in a research note on Monday, September 16th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $52.13.

NYSE:TOT opened at $54.89 on Friday. The stock’s 50 day moving average price is $51.87 and its 200 day moving average price is $52.64. Total SA has a 52 week low of $47.70 and a 52 week high of $59.17. The company has a market capitalization of $145.89 billion, a P/E ratio of 10.87, a P/E/G ratio of 1.78 and a beta of 0.71. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 1.22.

About Total

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

See Also: Buyback For Investors Defined

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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