Total SA (TOT) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its stake in shares of Total SA (NYSE:TOT) by 36.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,939 shares of the oil and gas exploration company’s stock after selling 39,375 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Total were worth $4,503,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC boosted its stake in Total by 2,993.5% during the third quarter. Fisher Asset Management LLC now owns 16,285,755 shares of the oil and gas exploration company’s stock worth $1,048,640,000 after acquiring an additional 15,759,310 shares in the last quarter. FMR LLC boosted its stake in Total by 47.4% during the third quarter. FMR LLC now owns 5,124,096 shares of the oil and gas exploration company’s stock worth $329,940,000 after acquiring an additional 1,648,239 shares in the last quarter. Morgan Stanley boosted its stake in Total by 11.5% during the second quarter. Morgan Stanley now owns 3,114,505 shares of the oil and gas exploration company’s stock worth $188,615,000 after acquiring an additional 320,069 shares in the last quarter. Sound Shore Management Inc. CT boosted its stake in Total by 0.9% during the third quarter. Sound Shore Management Inc. CT now owns 2,935,453 shares of the oil and gas exploration company’s stock worth $189,014,000 after acquiring an additional 24,786 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Total by 6.0% during the second quarter. Northern Trust Corp now owns 2,826,849 shares of the oil and gas exploration company’s stock worth $171,195,000 after acquiring an additional 158,954 shares in the last quarter. 6.22% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently issued reports on the stock. Sanford C. Bernstein reissued a “buy” rating on shares of Total in a research note on Friday, October 26th. Kepler Capital Markets reaffirmed a “buy” rating on shares of Total in a research note on Monday, November 26th. UBS Group reaffirmed a “buy” rating on shares of Total in a research note on Friday, October 26th. Royal Bank of Canada reaffirmed a “hold” rating on shares of Total in a research note on Friday, October 26th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Total in a research note on Tuesday, October 23rd. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $56.00.

Total stock opened at $54.33 on Friday. 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 $136.17 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 0.80 and a beta of 0.77. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 1.28.

Total (NYSE:TOT) last released its quarterly earnings data on Friday, October 26th. The oil and gas exploration company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.06. Total had a net margin of 5.55% and a return on equity of 11.09%. The firm had revenue of $54.72 billion for the quarter. Equities research analysts predict that Total SA will post 5.46 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 17th. Shareholders of record on Monday, December 17th will be paid a $0.7267 dividend. This represents a $2.91 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date of this dividend is Friday, December 14th. Total’s dividend payout ratio (DPR) is 60.19%.

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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.

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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