Total SA (TOT) Position Reduced by Global Financial Private Capital LLC

Global Financial Private Capital LLC lessened its stake in Total SA (NYSE:TOT) by 50.3% in the third quarter, Holdings Channel reports. The firm owned 145,671 shares of the oil and gas exploration company’s stock after selling 147,694 shares during the period. Global Financial Private Capital LLC’s holdings in Total were worth $9,385,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. AE Wealth Management LLC boosted its position in shares of Total by 6.3% during the second quarter. AE Wealth Management LLC now owns 13,898 shares of the oil and gas exploration company’s stock worth $842,000 after buying an additional 829 shares during the period. Oppenheimer & Co. Inc. boosted its position in shares of Total by 13.0% during the second quarter. Oppenheimer & Co. Inc. now owns 7,669 shares of the oil and gas exploration company’s stock worth $464,000 after buying an additional 880 shares during the period. HL Financial Services LLC boosted its position in shares of Total by 18.0% during the third quarter. HL Financial Services LLC now owns 5,772 shares of the oil and gas exploration company’s stock worth $372,000 after buying an additional 880 shares during the period. Checchi Capital Advisers LLC boosted its position in shares of Total by 5.0% during the third quarter. Checchi Capital Advisers LLC now owns 18,762 shares of the oil and gas exploration company’s stock worth $1,208,000 after buying an additional 895 shares during the period. Finally, Fieldpoint Private Securities LLC boosted its position in shares of Total by 12.8% during the second quarter. Fieldpoint Private Securities LLC now owns 8,000 shares of the oil and gas exploration company’s stock worth $484,000 after buying an additional 905 shares during the period. 5.94% of the stock is owned by hedge funds and other institutional investors.

NYSE:TOT opened at $57.83 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 1.28. The company has a market capitalization of $146.10 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 0.86 and a beta of 0.77. Total SA has a 12-month low of $53.37 and a 12-month high of $65.69.

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 (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.06. The firm had revenue of $54.72 billion for the quarter. Total had a return on equity of 11.09% and a net margin of 5.55%. Equities research analysts predict that Total SA will post 5.47 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 19th. Shareholders of record on Monday, September 24th were paid a $0.7442 dividend. This is a positive change from Total’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Friday, September 21st. This represents a $2.98 annualized dividend and a yield of 5.15%. Total’s dividend payout ratio is currently 60.19%.

Several research analysts have recently weighed in on the company. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Total in a research report on Friday, October 26th. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Total in a report on Tuesday, August 7th. ValuEngine lowered Total from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Zacks Investment Research lowered Total from a “buy” rating to a “hold” rating in a report on Thursday, July 12th. Finally, Royal Bank of Canada reiterated a “hold” rating on shares of Total in a report on Friday, October 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $50.86.

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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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