San Francisco Sentry Investment Group CA Invests $182,000 in TotalFinaElf, S.A. (TOT)
San Francisco Sentry Investment Group CA purchased a new position in TotalFinaElf, S.A. (NYSE:TOT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,668 shares of the oil and gas exploration company’s stock, valued at approximately $182,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of TotalFinaElf, by 762,513.6% in the first quarter. BlackRock Inc. now owns 12,575,498 shares of the oil and gas exploration company’s stock worth $634,057,000 after acquiring an additional 12,573,849 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of TotalFinaElf, by 8.2% in the first quarter. Bank of America Corp DE now owns 11,558,053 shares of the oil and gas exploration company’s stock worth $582,759,000 after acquiring an additional 871,051 shares during the last quarter. Sound Shore Management Inc. CT raised its holdings in shares of TotalFinaElf, by 20.7% in the second quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock worth $191,968,000 after acquiring an additional 663,620 shares during the last quarter. Federated Investors Inc. PA raised its holdings in shares of 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 worth $161,851,000 after acquiring an additional 529,941 shares during the last quarter. Finally, Capital World Investors raised its holdings in shares of TotalFinaElf, by 2.3% in the second quarter. Capital World Investors now owns 3,016,497 shares of the oil and gas exploration company’s stock worth $149,588,000 after acquiring an additional 69,255 shares during the last quarter. 5.41% of the stock is owned by institutional investors.
A number of research firms have recently weighed in on TOT. Royal Bank Of Canada cut TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 26th. Cowen and Company reissued a “buy” rating and issued a $58.00 price target on shares of TotalFinaElf, in a report on Tuesday, September 19th. Scotiabank set a $52.00 target price on TotalFinaElf, and gave the company a “hold” rating in a research note on Tuesday, August 8th. Barclays PLC lowered TotalFinaElf, from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $50.30 to $57.00 in a research note on Monday, August 21st. Finally, BidaskClub upgraded TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. TotalFinaElf, presently has an average rating of “Hold” and a consensus target price of $56.00.
TotalFinaElf, S.A. (TOT) traded down 0.45% during trading on Friday, reaching $53.26. The company had a trading volume of 433,141 shares. The stock has a market cap of $132.67 billion, a PE ratio of 18.37 and a beta of 0.75. The company has a 50-day moving average price of $52.74 and a 200 day moving average price of $51.37. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week 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 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by ($0.01). The business had revenue of $39.92 billion during the quarter. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. On average, analysts anticipate that TotalFinaElf, S.A. will post $3.92 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd will be given a $0.7416 dividend. This represents a $2.97 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend is Thursday, September 21st. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s dividend payout ratio (DPR) is 80.41%.
ILLEGAL ACTIVITY WARNING: This story was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/10/06/san-francisco-sentry-investment-group-ca-invests-182000-in-totalfinaelf-s-a-tot.html.
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.
Receive News & Stock Ratings for TotalFinaElf S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TotalFinaElf S.A. and related stocks with our FREE daily email newsletter.