JPMorgan Chase & Co. Reiterates Sell Rating for Total (NYSE:TOT)

JPMorgan Chase & Co. reiterated their sell rating on shares of Total (NYSE:TOT) in a report released on Friday, October 26th.

Several other research analysts also recently commented on TOT. ValuEngine raised shares of Total from a hold rating to a buy rating in a report on Tuesday, July 10th. UBS Group reissued a buy rating on shares of Total in a report on Friday, October 26th. Barclays reaffirmed a buy rating on shares of Total in a report on Friday, September 14th. Berenberg Bank initiated coverage on shares of Total in a report on Tuesday, September 11th. They issued a buy rating for the company. Finally, Zacks Investment Research downgraded shares of Total from a buy rating to a hold rating in a report on Thursday, July 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $50.86.

Shares of NYSE TOT traded down $0.43 during midday trading on Friday, hitting $57.40. 2,163,984 shares of the stock traded hands, compared to its average volume of 1,847,691. The stock has a market capitalization of $147.97 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.87 and a beta of 0.77. 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 has a one year low of $53.37 and a one year high of $65.69.

Total (NYSE:TOT) last posted its quarterly earnings data on Friday, October 26th. The oil and gas exploration company reported $1.47 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%. Equities research analysts anticipate that Total will post 5.47 EPS for the current year.

The business also recently announced 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 is a positive change from Total’s previous quarterly dividend of $0.73. This represents a $2.98 dividend on an annualized basis and a dividend yield of 5.19%. Total’s dividend payout ratio (DPR) is 60.19%.

A number of hedge funds have recently modified their holdings of the stock. Smith Chas P & Associates PA Cpas purchased a new position in Total during the third quarter valued at approximately $204,000. FMR LLC grew its holdings in Total by 47.4% in 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 purchasing an additional 1,648,239 shares during the last quarter. Wesbanco Bank Inc. grew its holdings in Total by 8.4% in the third quarter. Wesbanco Bank Inc. now owns 37,930 shares of the oil and gas exploration company’s stock worth $2,442,000 after purchasing an additional 2,930 shares during the last quarter. Fosun International Ltd purchased a new position in Total in the third quarter worth $378,000. Finally, Girard Partners LTD. purchased a new position in Total in the third quarter worth $103,000. 5.94% of the stock is currently owned by institutional investors.

About Total

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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Analyst Recommendations for Total (NYSE:TOT)

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