Wolverine Asset Management LLC raised its holdings in Total SA (NYSE:TOT) by 66.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,510 shares of the oil and gas exploration company’s stock after buying an additional 7,410 shares during the quarter. Wolverine Asset Management LLC’s holdings in Total were worth $1,023,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Vestpro Financial Partners Inc. dba CPF Texas bought a new stake in Total in the 4th quarter valued at $110,000. Bank of Nova Scotia Trust Co. acquired a new stake in shares of Total in the 3rd quarter valued at $147,000. Lenox Wealth Management Inc. boosted its stake 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 purchasing an additional 919 shares in the last quarter. Viking Fund Management LLC boosted its stake in shares of Total by 278.9% in the 4th quarter. Viking Fund Management LLC now owns 3,600 shares of the oil and gas exploration company’s stock valued at $199,000 after purchasing an additional 2,650 shares in the last quarter. Finally, Mariner Wealth Advisors LLC acquired a new stake in shares of Total in the 4th quarter valued at $206,000. 5.43% of the stock is currently owned by hedge funds and other institutional investors.
Total SA (NYSE:TOT) opened at $58.34 on Tuesday. The stock has a market cap of $142,778.08, a PE ratio of 17.16, a P/E/G ratio of 1.50 and a beta of 0.77. The company has a current ratio of 1.50, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36. Total SA has a 52-week low of $48.15 and a 52-week high of $59.57.
The firm also recently announced 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 is Thursday, March 15th. This is an increase from Total’s previous quarterly dividend of $0.73. This represents a $3.05 dividend on an annualized basis and a yield of 5.24%. Total’s dividend payout ratio is presently 33.73%.
Several equities research analysts have recently commented on TOT shares. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Saturday, January 20th. Piper Jaffray Companies restated a “hold” rating and issued a $58.00 target price on shares of Total in a research note on Friday, February 23rd. Scotiabank restated a “hold” rating and issued a $62.00 target price on shares of Total in a research note on Thursday, December 21st. TD Securities restated a “buy” rating and issued a $20.00 target price on shares of Total in a research note on Friday, November 24th. Finally, Morgan Stanley upgraded shares of Total from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $51.78.
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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