TotalFinaElf, S.A. (TOT) Position Increased by Logan Capital Management Inc.
Logan Capital Management Inc. boosted its stake in TotalFinaElf, S.A. (NYSE:TOT) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,834 shares of the oil and gas exploration company’s stock after acquiring an additional 832 shares during the period. Logan Capital Management Inc.’s holdings in TotalFinaElf, were worth $1,231,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the business. IHT Wealth Management LLC raised its holdings in TotalFinaElf, by 4.4% in the 1st quarter. IHT Wealth Management LLC now owns 2,080 shares of the oil and gas exploration company’s stock worth $106,000 after purchasing an additional 87 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of TotalFinaElf, by 30.5% in the 1st quarter. SRS Capital Advisors Inc. now owns 2,347 shares of the oil and gas exploration company’s stock worth $118,000 after purchasing an additional 548 shares during the period. Benjamin F. Edwards & Company Inc. lifted its position in shares of TotalFinaElf, by 11.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock worth $127,000 after purchasing an additional 257 shares during the period. NEXT Financial Group Inc lifted its position in shares of TotalFinaElf, by 30.1% in the 2nd quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock worth $128,000 after purchasing an additional 600 shares during the period. Finally, Grove Bank & Trust lifted its position in shares of TotalFinaElf, by 243.2% in the 2nd quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock worth $139,000 after purchasing an additional 1,982 shares during the period. 5.41% of the stock is currently owned by institutional investors and hedge funds.
Shares of TotalFinaElf, S.A. (TOT) traded up 0.66% during trading on Tuesday, hitting $53.75. 243,261 shares of the company’s stock were exchanged. The stock has a market cap of $133.89 billion, a P/E ratio of 18.53 and a beta of 0.75. The firm has a 50-day moving average price of $52.46 and a 200-day moving average price of $51.31. TotalFinaElf, S.A. has a one year low of $45.05 and a one year high of $55.04.
TotalFinaElf, (NYSE:TOT) last issued its earnings results 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 business 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%. Equities research analysts expect that TotalFinaElf, S.A. will post $3.92 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd will be issued a $0.7416 dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $2.97 annualized dividend and a dividend yield of 5.56%. This is a positive change from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is currently 80.41%.
A number of brokerages have recently weighed in on TOT. BidaskClub lowered shares of TotalFinaElf, from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Scotiabank set a $52.00 price target on shares of TotalFinaElf, and gave the stock a “hold” rating in a research note on Saturday, July 1st. Canaccord Genuity raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Friday, July 21st. ValuEngine raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Societe Generale restated a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $56.00.
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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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