Teachers Retirement System of The State of Kentucky decreased its holdings in Total SA (NYSE:TOT) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 833,400 shares of the oil and gas exploration company’s stock after selling 25,200 shares during the quarter. Total comprises approximately 0.5% of Teachers Retirement System of The State of Kentucky’s portfolio, making the stock its 28th biggest holding. Teachers Retirement System of The State of Kentucky’s holdings in Total were worth $46,071,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Zions Bancorporation raised its position in Total by 1,399.5% in the third quarter. Zions Bancorporation now owns 20,828 shares of the oil and gas exploration company’s stock worth $1,115,000 after acquiring an additional 19,439 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in Total in the third quarter worth $1,580,000. NWQ Investment Management Company LLC raised its position in Total by 9.0% in the third quarter. NWQ Investment Management Company LLC now owns 78,950 shares of the oil and gas exploration company’s stock worth $4,225,000 after acquiring an additional 6,500 shares in the last quarter. TD Asset Management Inc. raised its position in Total by 6.3% in the third quarter. TD Asset Management Inc. now owns 152,814 shares of the oil and gas exploration company’s stock worth $8,179,000 after acquiring an additional 9,099 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in Total by 9.2% in the third quarter. Wells Fargo & Company MN now owns 6,952,181 shares of the oil and gas exploration company’s stock worth $372,080,000 after acquiring an additional 587,013 shares in the last quarter. Hedge funds and other institutional investors own 5.43% of the company’s stock.
Total SA (TOT) opened at $57.27 on Monday. Total SA has a 52-week low of $48.15 and a 52-week high of $59.57. The firm has a market capitalization of $142,778.08, a price-to-earnings ratio of 13.89, a PEG ratio of 1.50 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.50 and a quick ratio of 1.21.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 16th will be paid a dividend of $0.7637 per share. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $3.05 dividend on an annualized basis and a dividend yield of 5.33%. This is a positive change from Total’s previous quarterly dividend of $0.73. Total’s dividend payout ratio (DPR) is presently 33.73%.
Several research analysts have issued reports on the company. Goldman Sachs Group reiterated a “buy” rating on shares of Total in a research report on Monday, December 11th. Raymond James Financial upgraded Total from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, February 13th. Zacks Investment Research upgraded Total from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Saturday, January 20th. Canaccord Genuity reiterated a “buy” rating and issued a $19.00 price objective on shares of Total in a research report on Tuesday, January 16th. Finally, Morgan Stanley upgraded Total from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $51.78.
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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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