Zions Bancorporation purchased a new stake in shares of Total SA (NYSE:TOT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 16,230 shares of the oil and gas exploration company’s stock, valued at approximately $1,045,000.
Several other institutional investors also recently bought and sold shares of TOT. Cordasco Financial Network purchased a new position in shares of Total during the 3rd quarter valued at $103,000. TRUE Private Wealth Advisors purchased a new position in shares of Total during the 3rd quarter valued at $116,000. Legacy Financial Advisors Inc. purchased a new position in shares of Total during the 2nd quarter valued at $117,000. CWM LLC grew its holdings in shares of Total by 3,696.6% during the 2nd 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. Finally, Jolley Asset Management LLC purchased a new position in shares of Total during the 2nd quarter valued at $165,000. Institutional investors and hedge funds own 5.94% of the company’s stock.
Several research firms have recently commented on TOT. Goldman Sachs Group restated a “buy” rating on shares of Total in a report on Friday, October 26th. Sanford C. Bernstein restated a “buy” rating on shares of Total in a report on Friday, October 26th. Royal Bank of Canada restated a “hold” rating on shares of Total in a report on Friday, October 26th. JPMorgan Chase & Co. restated a “sell” rating on shares of Total in a report on Friday, October 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Total in a research note on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $50.86.
TOT stock opened at $58.87 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.28 and a quick ratio of 0.99. Total SA has a 1 year low of $53.37 and a 1 year high of $65.69. The firm has a market capitalization of $142.93 billion, a P/E ratio of 14.27, a price-to-earnings-growth ratio of 0.84 and a beta of 0.77.
Total (NYSE:TOT) last released its earnings results on Friday, October 26th. The oil and gas exploration company reported $1.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.06. The firm had revenue of $54.72 billion during the quarter. Total had a net margin of 5.55% and a return on equity of 11.09%. Equities analysts forecast that Total SA will post 5.46 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 19th. Stockholders of record on Monday, September 24th were given a dividend of $0.7442 per share. The ex-dividend date was Friday, September 21st. This represents a $2.98 dividend on an annualized basis and a dividend yield of 5.06%. This is a positive change from Total’s previous quarterly dividend of $0.73. Total’s dividend payout ratio is currently 60.19%.
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.
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