Raymond James & Associates grew its position in Total SA (NYSE:TOT) by 6.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,411,350 shares of the oil and gas exploration company’s stock after buying an additional 199,274 shares during the period. Raymond James & Associates owned approximately 0.14% of Total worth $188,580,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its holdings in shares of Total by 14.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock valued at $195,000 after buying an additional 507 shares during the period. Founders Financial Securities LLC grew its holdings in shares of Total by 5.2% in the 3rd quarter. Founders Financial Securities LLC now owns 18,431 shares of the oil and gas exploration company’s stock valued at $986,000 after buying an additional 905 shares during the period. San Francisco Sentry Investment Group CA grew its holdings in shares of Total by 24.9% in the 4th quarter. San Francisco Sentry Investment Group CA now owns 4,583 shares of the oil and gas exploration company’s stock valued at $253,000 after buying an additional 915 shares during the period. Lenox Wealth Management Inc. grew its holdings in shares of Total by 46.0% in the 3rd quarter. Lenox Wealth Management Inc. now owns 2,915 shares of the oil and gas exploration company’s stock valued at $157,000 after buying an additional 919 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of Total by 0.4% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 243,018 shares of the oil and gas exploration company’s stock valued at $13,007,000 after buying an additional 1,001 shares during the period. 5.43% of the stock is owned by institutional investors.
Total SA (NYSE TOT) opened at $57.27 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.50 and a quick ratio of 1.21. Total SA has a one year low of $48.15 and a one year high of $59.57. The firm has a market cap of $142,778.08, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.50 and a beta of 0.77.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 16th will be given a dividend of $0.7637 per share. The ex-dividend date of this dividend is Thursday, March 15th. This is a boost from Total’s previous quarterly dividend of $0.73. This represents a $3.05 annualized dividend and a yield of 5.33%. Total’s payout ratio is 33.73%.
A number of brokerages recently weighed in on TOT. Cowen reaffirmed an “outperform” rating and issued a $64.00 target price (up from $58.00) on shares of Total in a research note on Thursday, February 8th. Raymond James Financial raised shares of Total from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, February 13th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research note on Monday, December 11th. JPMorgan Chase & Co. lowered shares of Total from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 7th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $19.00 target price on shares of Total in a research note on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $51.78.
Total 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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