TotalFinaElf, S.A. (TOT) Shares Sold by Profund Advisors LLC
Profund Advisors LLC lessened its stake in TotalFinaElf, S.A. (NYSE:TOT) by 21.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,444 shares of the oil and gas exploration company’s stock after selling 9,322 shares during the quarter. Profund Advisors LLC’s holdings in TotalFinaElf, were worth $1,708,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in TOT. Nationwide Fund Advisors purchased a new position in shares of TotalFinaElf, in the 1st quarter valued at about $3,659,000. Bank of New York Mellon Corp grew its stake in TotalFinaElf, by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 630,744 shares of the oil and gas exploration company’s stock valued at $31,802,000 after acquiring an additional 30,940 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in TotalFinaElf, by 16.1% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 240,476 shares of the oil and gas exploration company’s stock valued at $12,125,000 after acquiring an additional 33,430 shares during the last quarter. Intellectus Partners LLC grew its stake in TotalFinaElf, by 4.8% in the 1st quarter. Intellectus Partners LLC now owns 11,885 shares of the oil and gas exploration company’s stock valued at $607,000 after acquiring an additional 543 shares during the last quarter. Finally, Sound Shore Management Inc. CT grew its stake in TotalFinaElf, by 11.8% in the 1st quarter. Sound Shore Management Inc. CT now owns 3,207,482 shares of the oil and gas exploration company’s stock valued at $161,721,000 after acquiring an additional 337,911 shares during the last quarter. Institutional investors and hedge funds own 5.41% of the company’s stock.
Shares of TotalFinaElf, S.A. (NYSE:TOT) opened at 54.255 on Tuesday. The firm’s 50 day moving average is $51.74 and its 200 day moving average is $51.04. TotalFinaElf, S.A. has a 1-year low of $45.05 and a 1-year high of $54.71. The firm has a market capitalization of $135.15 billion, a PE ratio of 18.709 and a beta of 0.74.
TotalFinaElf, (NYSE:TOT) last posted 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 Thomson Reuters’ consensus estimate of $0.98 by ($0.01). The company had revenue of $39.92 billion for the quarter. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. Analysts anticipate that TotalFinaElf, S.A. will post $3.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd will be issued a dividend of $0.7416 per share. This represents a $2.97 annualized dividend and a yield of 5.51%. The ex-dividend date is Thursday, September 21st. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is presently 80.41%.
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A number of equities research analysts recently commented on the stock. Scotiabank set a $54.00 price objective on shares of TotalFinaElf, and gave the company a “hold” rating in a research note on Tuesday, August 22nd. Barclays PLC cut 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 research note on Monday, August 21st. BidaskClub raised shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. Finally, ValuEngine raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price 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.
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