TotalFinaElf, S.A. (TOT) Stake Decreased by Albion Financial Group UT
Albion Financial Group UT reduced its position in TotalFinaElf, S.A. (NYSE:TOT) by 3.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,250 shares of the oil and gas exploration company’s stock after selling 1,380 shares during the period. Albion Financial Group UT’s holdings in TotalFinaElf, were worth $2,095,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in TOT. IHT Wealth Management LLC boosted its holdings in shares of 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 valued at $106,000 after buying an additional 87 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings 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 valued at $118,000 after buying an additional 548 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings 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 valued at $127,000 after buying an additional 257 shares in the last quarter. NEXT Financial Group Inc boosted its holdings 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 valued at $128,000 after buying an additional 600 shares in the last quarter. Finally, Grove Bank & Trust boosted its holdings 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 valued at $139,000 after buying an additional 1,982 shares in the last quarter. Institutional investors and hedge funds own 5.41% of the company’s stock.
TotalFinaElf, S.A. (NYSE TOT) traded up 0.96% during mid-day trading on Wednesday, reaching $54.43. 1,100,666 shares of the company were exchanged. The firm has a market capitalization of $136.11 billion, a P/E ratio of 18.77 and a beta of 0.75. TotalFinaElf, S.A. has a 1-year low of $45.05 and a 1-year high of $55.04. The stock has a 50-day moving average of $53.03 and a 200 day moving average of $51.48.
TotalFinaElf, (NYSE:TOT) last announced its quarterly earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.98 by ($0.01). The business had revenue of $39.92 billion during the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. Equities research analysts forecast that TotalFinaElf, S.A. will post $3.92 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Investors of record on Friday, September 22nd will be issued a $0.7416 dividend. This represents a $2.97 dividend on an annualized basis and a yield of 5.50%. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date is Thursday, September 21st. TotalFinaElf,’s dividend payout ratio is 80.41%.
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A number of analysts have recently weighed in on the stock. Royal Bank Of Canada cut shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 26th. Cowen and Company restated a “buy” rating and issued a $58.00 price target on shares of TotalFinaElf, in a report on Tuesday, September 19th. Scotiabank set a $54.00 target price on shares of TotalFinaElf, and gave the stock 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 lifted their target price for the stock from $50.30 to $57.00 in a research note on Monday, August 21st. Finally, BidaskClub upgraded shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $56.00.
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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