Forte Capital LLC ADV reduced its position in Total SA (NYSE:TOT) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,173 shares of the oil and gas exploration company’s stock after selling 1,070 shares during the quarter. Forte Capital LLC ADV’s holdings in Total were worth $1,171,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in TOT. Tower Research Capital LLC TRC bought a new stake in Total in the second quarter valued at about $28,000. Allworth Financial LP grew its holdings in shares of Total by 179.5% during the third quarter. Allworth Financial LP now owns 545 shares of the oil and gas exploration company’s stock valued at $28,000 after purchasing an additional 350 shares during the last quarter. Enterprise Trust & Investment Co bought a new position in shares of Total during the third quarter valued at approximately $31,000. Ellevest Inc. bought a new position in shares of Total during the second quarter valued at approximately $32,000. Finally, Prestige Wealth Management Group LLC bought a new position in shares of Total during the second quarter valued at approximately $45,000. 5.97% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE TOT traded down $0.33 during midday trading on Friday, hitting $55.55. 58,320 shares of the company’s stock were exchanged, compared to its average volume of 1,444,590. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.22 and a quick ratio of 0.98. The stock’s 50 day moving average price is $54.03 and its 200-day moving average price is $52.69. The firm has a market cap of $149.03 billion, a P/E ratio of 11.00, a PEG ratio of 1.62 and a beta of 0.72. Total SA has a twelve month low of $47.70 and a twelve month high of $58.82.
Total (NYSE:TOT) last issued its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.14. The business had revenue of $48.59 billion during the quarter. Total had a return on equity of 9.96% and a net margin of 4.81%. On average, analysts expect that Total SA will post 4.46 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.606 per share. This represents a $2.42 annualized dividend and a yield of 4.36%. The ex-dividend date is Thursday, January 2nd. Total’s dividend payout ratio (DPR) is currently 47.92%.
Several equities analysts have recently commented on TOT shares. Kepler Capital Markets reaffirmed a “buy” rating on shares of Total in a report on Monday, September 16th. Piper Jaffray Companies started coverage on Total in a report on Tuesday, November 26th. They set a “buy” rating and a $68.00 target price for the company. ValuEngine raised Total from a “sell” rating to a “hold” rating in a report on Friday, September 20th. JPMorgan Chase & Co. raised Total from a “neutral” rating to an “overweight” rating in a report on Monday, September 16th. Finally, Wolfe Research set a $90.00 target price on Total and gave the company a “buy” rating in a report on Thursday, September 26th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $59.29.
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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