Ledyard National Bank lifted its stake in shares of Total SA (NYSE:TOT) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 96,920 shares of the oil and gas exploration company’s stock after purchasing an additional 1,767 shares during the quarter. Ledyard National Bank’s holdings in Total were worth $5,394,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Sound Income Strategies LLC lifted its holdings in 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 purchasing an additional 469 shares in the last quarter. Essex Savings Bank purchased a new position in Total in the 4th quarter valued at about $27,000. Berman Capital Advisors LLC purchased a new position in Total in the 4th quarter valued at about $32,000. Acima Private Wealth LLC purchased a new position in Total in the 4th quarter valued at about $35,000. Finally, JNBA Financial Advisors purchased a new position in Total in the 4th quarter valued at about $38,000. 6.21% of the stock is currently owned by institutional investors and hedge funds.
Shares of TOT stock traded up $0.09 during trading hours on Friday, hitting $55.18. 1,056,194 shares of the company were exchanged, compared to its average volume of 1,555,482. Total SA has a 1 year low of $49.70 and a 1 year high of $65.69. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.27 and a quick ratio of 1.04. The firm has a market cap of $137.64 billion, a P/E ratio of 10.93, a PEG ratio of 1.10 and a beta of 0.63.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Monday, March 18th were issued a $0.7237 dividend. The ex-dividend date of this dividend was Friday, March 15th. This represents a $2.89 annualized dividend and a yield of 5.25%. Total’s payout ratio is 46.93%.
A number of research analysts have issued reports on TOT shares. Deutsche Bank restated a “buy” rating on shares of Total in a report on Tuesday, April 9th. Zacks Investment Research upgraded shares of Total from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 12th. Goldman Sachs Group restated a “buy” rating and issued a $68.00 target price on shares of Total in a report on Friday, April 26th. Royal Bank of Canada upgraded shares of Total from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 26th. Finally, GMP Securities reiterated a “buy” rating and set a $16.00 price objective on shares of Total in a report on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company’s stock. Total presently has a consensus rating of “Buy” and an average target price of $50.25.
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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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