Raymond James Financial Services Advisors Inc. decreased its position in shares of TotalFinaElf, S.A. (NYSE:TOT) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,971 shares of the oil and gas exploration company’s stock after selling 912 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in TotalFinaElf, were worth $2,802,000 as of its most recent filing with the SEC.
Other institutional investors also recently added to or reduced their stakes in the company. FTB Advisors Inc. increased its position in TotalFinaElf, by 3.1% in the second quarter. FTB Advisors Inc. now owns 2,102 shares of the oil and gas exploration company’s stock worth $100,000 after buying an additional 64 shares during the period. BKS Advisors LLC bought a new position in TotalFinaElf, during the third quarter worth about $112,000. Hall Laurie J Trustee bought a new position in TotalFinaElf, during the fourth quarter worth about $113,000. Edge Wealth Management LLC bought a new position in TotalFinaElf, during the third quarter worth about $138,000. Finally, Smithfield Trust Co. increased its position in TotalFinaElf, by 0.9% in the third quarter. Smithfield Trust Co. now owns 3,510 shares of the oil and gas exploration company’s stock worth $167,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 6.74% of the company’s stock.
Shares of TotalFinaElf, S.A. (NYSE:TOT) traded down 0.69% during midday trading on Tuesday, reaching $50.57. 976,903 shares of the company’s stock were exchanged. TotalFinaElf, S.A. has a one year low of $41.50 and a one year high of $52.04. The stock has a market cap of $122.37 billion, a price-to-earnings ratio of 20.15 and a beta of 0.86. The firm has a 50 day moving average of $50.80 and a 200-day moving average of $48.62.
TotalFinaElf, (NYSE:TOT) last released its earnings results on Thursday, February 9th. The oil and gas exploration company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. TotalFinaElf, had a net margin of 4.14% and a return on equity of 8.25%. On average, equities research analysts anticipate that TotalFinaElf, S.A. will post $4.50 earnings per share for the current year.
The business also recently announced a dividend, which was paid on Friday, January 20th. Shareholders of record on Tuesday, December 20th were given a dividend of $0.552 per share. The ex-dividend date of this dividend was Friday, December 16th. TotalFinaElf,’s dividend payout ratio is presently 87.70%.
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A number of equities analysts have issued reports on TOT shares. Deutsche Bank AG reiterated a “buy” rating on shares of TotalFinaElf, in a research note on Tuesday, November 15th. Independent Research GmbH raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Thursday, December 1st. Zacks Investment Research raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research report on Monday, January 2nd. Jefferies Group LLC reissued a “hold” rating on shares of TotalFinaElf, in a research report on Wednesday, January 18th. Finally, Credit Suisse Group cut shares of TotalFinaElf, from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 30th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. TotalFinaElf, currently has an average rating of “Buy” and a consensus target price of $53.68.
TotalFinaElf, Company Profile
Total SA (Total) is a France-based oil and gas company. It has three segments: the Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas; the 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 the 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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