TotalFinaElf, S.A. (TOT) Receives Average Rating of “Hold” from Brokerages
TotalFinaElf, S.A. (NYSE:TOT) has been assigned an average rating of “Hold” from the nineteen research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $56.00.
A number of research analysts have recently commented on the stock. Cowen and Company reissued a “buy” rating and issued a $58.00 price objective on shares of TotalFinaElf, in a research report on Tuesday, September 19th. Scotiabank set a $54.00 target price on shares of TotalFinaElf, and gave the company a “hold” rating in a report on Tuesday, August 22nd. BidaskClub upgraded TotalFinaElf, from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Societe Generale reiterated a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. Finally, Canaccord Genuity raised TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st.
A number of institutional investors and hedge funds have recently bought and sold shares of TOT. Fulton Bank N.A. lifted its stake in shares of TotalFinaElf, by 69.5% in the second quarter. Fulton Bank N.A. now owns 31,077 shares of the oil and gas exploration company’s stock worth $1,541,000 after acquiring an additional 12,745 shares during the period. Lowe Brockenbrough & Co. Inc. boosted its position in TotalFinaElf, by 2.5% during the first quarter. Lowe Brockenbrough & Co. Inc. now owns 77,362 shares of the oil and gas exploration company’s stock valued at $3,901,000 after acquiring an additional 1,892 shares during the last quarter. Synovus Financial Corp boosted its position in TotalFinaElf, by 11.9% during the second quarter. Synovus Financial Corp now owns 40,041 shares of the oil and gas exploration company’s stock valued at $1,987,000 after acquiring an additional 4,254 shares during the last quarter. Country Club Trust Company n.a. grew its holdings in TotalFinaElf, by 1.3% during the 2nd quarter. Country Club Trust Company n.a. now owns 175,295 shares of the oil and gas exploration company’s stock worth $8,692,000 after acquiring an additional 2,265 shares during the period. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in TotalFinaElf, by 23.5% during the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 72,631 shares of the oil and gas exploration company’s stock worth $3,602,000 after acquiring an additional 13,840 shares during the period. 5.41% of the stock is currently owned by hedge funds and other institutional investors.
Shares of TotalFinaElf, (NYSE:TOT) opened at 53.86 on Wednesday. The stock has a 50 day moving average of $52.57 and a 200-day moving average of $51.34. TotalFinaElf, has a 52 week low of $45.05 and a 52 week high of $55.04. The firm has a market capitalization of $134.16 billion, a PE ratio of 18.57 and a beta of 0.75.
TotalFinaElf, (NYSE:TOT) last posted its quarterly earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by ($0.01). TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. The company had revenue of $39.92 billion for the quarter. Equities analysts anticipate that TotalFinaElf, will post $3.92 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Investors of record on Friday, September 22nd will be given a dividend of $0.7416 per share. The ex-dividend date is Thursday, September 21st. This represents a $2.97 dividend on an annualized basis and a yield of 5.51%. This is a positive change from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is currently 80.41%.
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TotalFinaElf, Company Profile
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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