First Allied Advisory Services Inc. cut its holdings in Total SA (NYSE:TOT) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,220 shares of the oil and gas exploration company’s stock after selling 349 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Total were worth $1,110,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in TOT. Mutual Advisors LLC grew its holdings in Total by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 9,873 shares of the oil and gas exploration company’s stock valued at $515,000 after buying an additional 204 shares in the last quarter. Covington Capital Management grew its holdings in shares of Total by 12.0% in the fourth quarter. Covington Capital Management now owns 2,941 shares of the oil and gas exploration company’s stock valued at $153,000 after purchasing an additional 316 shares in the last quarter. IHT Wealth Management LLC grew its holdings in shares of Total by 14.9% in the fourth quarter. IHT Wealth Management LLC now owns 10,108 shares of the oil and gas exploration company’s stock valued at $527,000 after purchasing an additional 1,313 shares in the last quarter. Sontag Advisory LLC purchased a new position in shares of Total in the fourth quarter valued at $55,000. Finally, Financial Advocates Investment Management grew its holdings in shares of Total by 107.7% in the fourth quarter. Financial Advocates Investment Management now owns 2,657 shares of the oil and gas exploration company’s stock valued at $113,000 after purchasing an additional 1,378 shares in the last quarter. 6.14% of the stock is currently owned by hedge funds and other institutional investors.
TOT has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Total from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 12th. Deutsche Bank reaffirmed a “buy” rating on shares of Total in a research note on Tuesday, April 9th. Royal Bank of Canada upgraded Total from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 26th. GMP Securities reiterated a “buy” rating and set a $16.00 target price on shares of Total in a research report on Tuesday, January 8th. Finally, Cowen assumed coverage on Total in a research report on Thursday, January 31st. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Total has a consensus rating of “Buy” and a consensus price target of $44.33.
Total (NYSE:TOT) last issued its quarterly earnings results on Thursday, February 7th. The oil and gas exploration company reported $1.17 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.17. Total had a return on equity of 11.24% and a net margin of 5.47%. The business had revenue of $52.50 billion for the quarter. On average, equities analysts predict that Total SA will post 5.31 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Monday, March 18th were paid a dividend of $0.7237 per share. The ex-dividend date was Friday, March 15th. This represents a $2.89 dividend on an annualized basis and a dividend yield of 5.10%. Total’s payout ratio is 46.93%.
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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.
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