Lincluden Management Ltd. Has $1.90 Million Position in TotalFinaElf, S.A. (TOT)
Lincluden Management Ltd. reduced its position in shares of TotalFinaElf, S.A. (NYSE:TOT) by 38.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,413 shares of the oil and gas exploration company’s stock after selling 21,865 shares during the period. Lincluden Management Ltd.’s holdings in TotalFinaElf, were worth $1,895,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. Sound Shore Management Inc. CT lifted its holdings in TotalFinaElf, by 20.7% during the 2nd quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock valued at $191,968,000 after purchasing an additional 663,620 shares during the last quarter. Federated Investors Inc. PA lifted its holdings in TotalFinaElf, by 19.4% during the 2nd 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 purchasing an additional 529,941 shares during the last quarter. Capital World Investors lifted its holdings in TotalFinaElf, by 2.3% during the 2nd quarter. Capital World Investors now owns 3,016,497 shares of the oil and gas exploration company’s stock valued at $149,588,000 after purchasing an additional 69,255 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in TotalFinaElf, by 12.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,480,198 shares of the oil and gas exploration company’s stock valued at $73,405,000 after purchasing an additional 158,455 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in TotalFinaElf, by 2.2% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,472,468 shares of the oil and gas exploration company’s stock valued at $73,019,000 after purchasing an additional 31,880 shares during the last quarter. 5.30% of the stock is owned by hedge funds and other institutional investors.
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Shares of TotalFinaElf, S.A. (NYSE TOT) traded up $0.63 during midday trading on Tuesday, hitting $56.96. 1,411,450 shares of the company’s stock were exchanged, compared to its average volume of 1,020,000. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.47. The company has a market capitalization of $141,700.00, a P/E ratio of 14.15, a PEG ratio of 2.25 and a beta of 0.79. TotalFinaElf, S.A. has a one year low of $45.05 and a one year high of $56.98.
TotalFinaElf, (NYSE:TOT) last posted its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.03). The business had revenue of $43.04 billion for the quarter. TotalFinaElf, had a return on equity of 9.39% and a net margin of 4.90%. research analysts expect that TotalFinaElf, S.A. will post 4.17 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 19th. Investors of record on Friday, September 22nd were paid a dividend of $0.7416 per share. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.21%. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Thursday, September 21st. TotalFinaElf,’s payout ratio is 53.00%.
Several equities analysts recently issued reports on TOT shares. Scotiabank set a $54.00 price target on shares of TotalFinaElf, and gave the company a “hold” rating in a report on Tuesday, August 22nd. Canaccord Genuity raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Friday, July 21st. Societe Generale reaffirmed a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. ValuEngine raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Barclays PLC downgraded shares of TotalFinaElf, from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $50.30 to $57.00 in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $55.40.
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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