GAM Holding AG increased its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 36.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,706 shares of the oil and gas exploration company’s stock after buying an additional 5,849 shares during the period. GAM Holding AG’s holdings in TotalFinaElf, were worth $1,076,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Federated Investors Inc. PA increased its position in TotalFinaElf, by 19.4% in the second quarter. Federated Investors Inc. PA now owns 3,263,793 shares of the oil and gas exploration company’s stock valued at $161,851,000 after buying an additional 529,941 shares during the period. Investment Management of Virginia LLC increased its position in TotalFinaElf, by 1.6% in the second quarter. Investment Management of Virginia LLC now owns 60,407 shares of the oil and gas exploration company’s stock valued at $2,996,000 after buying an additional 953 shares during the period. BB&T Securities LLC increased its position in TotalFinaElf, by 32.5% in the second quarter. BB&T Securities LLC now owns 169,296 shares of the oil and gas exploration company’s stock valued at $8,396,000 after buying an additional 41,518 shares during the period. ZWJ Investment Counsel Inc. increased its position in TotalFinaElf, by 2.4% in the second quarter. ZWJ Investment Counsel Inc. now owns 299,428 shares of the oil and gas exploration company’s stock valued at $14,849,000 after buying an additional 6,969 shares during the period. Finally, Loudon Investment Management LLC increased its position in TotalFinaElf, by 4.7% in the second quarter. Loudon Investment Management LLC now owns 6,369 shares of the oil and gas exploration company’s stock valued at $316,000 after buying an additional 283 shares during the period. 5.41% of the stock is owned by institutional investors and hedge funds.

TotalFinaElf, S.A. (NYSE:TOT) opened at 52.04 on Friday. TotalFinaElf, S.A. has a one year low of $45.05 and a one year high of $54.71. The company has a market cap of $129.63 billion, a P/E ratio of 17.94 and a beta of 0.74. The company has a 50 day moving average of $50.79 and a 200-day moving average of $50.86.

TotalFinaElf, (NYSE:TOT) last announced its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by $0.01. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. The business had revenue of $39.92 billion for the quarter. On average, equities analysts expect that TotalFinaElf, S.A. will post $3.88 earnings per share for the current fiscal year.

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Several research analysts have commented on the stock. Scotiabank set a $54.00 price objective on shares of TotalFinaElf, and gave the company a “hold” rating in a report on Tuesday, August 22nd. Barclays PLC downgraded shares of TotalFinaElf, from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $50.30 to $57.00 in a report on Monday, August 21st. BidaskClub raised shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. Finally, ValuEngine raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Monday, July 24th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. TotalFinaElf, currently has an average rating of “Hold” and a consensus price target of $54.80.

TotalFinaElf, Company Profile

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.

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

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