Smith Asset Management Group LP trimmed its position in Total SA (NYSE:TOT) by 15.3% in the fourth quarter, Holdings Channel reports. The fund owned 1,770 shares of the oil and gas exploration company’s stock after selling 320 shares during the quarter. Smith Asset Management Group LP’s holdings in Total were worth $92,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sound Income Strategies LLC lifted its stake in shares of Total by 11,725.0% in the 4th quarter. Sound Income Strategies LLC now owns 473 shares of the oil and gas exploration company’s stock valued at $25,000 after acquiring an additional 469 shares during the last quarter. Essex Savings Bank bought a new position in shares of Total in the 4th quarter valued at $27,000. Oregon Public Employees Retirement Fund bought a new position in shares of Total in the 4th quarter valued at $40,000. Financial Gravity Companies Inc. bought a new position in shares of Total in the 4th quarter valued at $42,000. Finally, First PREMIER Bank lifted its stake in shares of Total by 23.2% in the 4th quarter. First PREMIER Bank now owns 1,115 shares of the oil and gas exploration company’s stock valued at $58,000 after acquiring an additional 210 shares during the last quarter. Institutional investors own 6.32% of the company’s stock.
TOT has been the subject of a number of research reports. Piper Jaffray Companies reiterated an “overweight” rating on shares of Total in a research note on Tuesday, October 23rd. UBS Group restated a “buy” 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. Royal Bank of Canada restated a “hold” rating on shares of Total in a report on Friday, October 26th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Total in a report on Friday, October 26th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Total currently has a consensus rating of “Buy” and a consensus target price of $48.75.
NYSE TOT traded up $0.92 on Monday, reaching $56.29. The company had a trading volume of 1,047,068 shares, compared to its average volume of 1,578,194. The company has a market capitalization of $140.41 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 1.08 and a beta of 0.70. Total SA has a fifty-two week low of $49.70 and a fifty-two week high of $65.69. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 0.34.
Total (NYSE:TOT) last posted its quarterly earnings data on Thursday, February 7th. The oil and gas exploration company reported $1.17 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.17. The business had revenue of $52.50 billion during the quarter. Total had a return on equity of 11.24% and a net margin of 5.47%. Research analysts expect that Total SA will post 5.22 earnings per share for the current fiscal year.
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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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