TotalFinaElf, S.A. (TOT) Stake Maintained by Fifth Third Bancorp

Fifth Third Bancorp continued to hold its stake in TotalFinaElf, S.A. (NYSE:TOT) during the fourth quarter, Holdings Channel reports. The firm owned 48,183 shares of the oil and gas exploration company’s stock at the end of the fourth quarter. Fifth Third Bancorp’s holdings in TotalFinaElf, were worth $2,298,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. FTB Advisors Inc. boosted its position in shares of 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 valued at $100,000 after buying an additional 64 shares in the last quarter. BKS Advisors LLC acquired a new position in shares of TotalFinaElf, during the third quarter valued at $112,000. Hall Laurie J Trustee acquired a new position in shares of TotalFinaElf, during the fourth quarter valued at $113,000. Signaturefd LLC boosted its position in shares of TotalFinaElf, by 73.2% in the second quarter. Signaturefd LLC now owns 2,679 shares of the oil and gas exploration company’s stock valued at $129,000 after buying an additional 1,132 shares in the last quarter. Finally, Edge Wealth Management LLC acquired a new position in shares of TotalFinaElf, during the third quarter valued at $138,000. 6.74% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

TotalFinaElf, S.A. (NYSE:TOT) traded up 0.1570% during midday trading on Monday, hitting $50.9799. The stock had a trading volume of 2,164,370 shares. TotalFinaElf, S.A. has a 52 week low of $41.50 and a 52 week high of $52.04. The stock has a market cap of $123.36 billion, a P/E ratio of 20.3107 and a beta of 0.86. The company has a 50-day moving average price of $50.78 and a 200-day moving average price of $48.57.

TotalFinaElf, (NYSE:TOT) last posted its quarterly earnings results on Thursday, February 9th. The oil and gas exploration company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. TotalFinaElf, had a return on equity of 8.25% and a net margin of 4.14%. Equities analysts expect that TotalFinaElf, S.A. will post $4.52 EPS for the current year.

The business also recently declared a dividend, which was paid on Friday, January 20th. Investors 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 payout ratio is 87.70%.

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TOT has been the subject of several research reports. Zacks Investment Research raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research note on Monday, January 2nd. Credit Suisse Group cut shares of TotalFinaElf, from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 30th. Independent Research GmbH raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Thursday, December 1st. Deutsche Bank AG reaffirmed a “buy” rating on shares of TotalFinaElf, in a research note on Tuesday, November 15th. Finally, J P Morgan Chase & Co downgraded TotalFinaElf, from an “overweight” rating to a “neutral” rating in a report on Wednesday, November 2nd. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target 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.

5 Day Chart for NYSE:TOT

Want to see what other hedge funds are holding TOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TotalFinaElf, S.A. (NYSE:TOT).

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