Industry News

Buckingham Asset Management LLC Sells 310 Shares of Total SA (NYSE:TOT)

By August 22, 2019 No Comments

Buckingham Asset Management LLC lessened its holdings in shares of Total SA (NYSE:TOT) by 3.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 9,358 shares of the oil and gas exploration company’s stock after selling 310 shares during the period. Buckingham Asset Management LLC’s holdings in Total were worth $522,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TOT. Acima Private Wealth LLC raised its position in shares of Total by 28.2% in the first quarter. Acima Private Wealth LLC now owns 864 shares of the oil and gas exploration company’s stock valued at $48,000 after purchasing an additional 190 shares during the period. V Wealth Advisors LLC raised its position in shares of Total by 2.2% in the second quarter. V Wealth Advisors LLC now owns 8,954 shares of the oil and gas exploration company’s stock valued at $505,000 after purchasing an additional 195 shares during the period. First American Bank raised its position in shares of Total by 0.7% in the second quarter. First American Bank now owns 31,099 shares of the oil and gas exploration company’s stock valued at $1,735,000 after purchasing an additional 210 shares during the period. Mitchell Capital Management Co. raised its position in shares of Total by 2.6% in the first quarter. Mitchell Capital Management Co. now owns 8,465 shares of the oil and gas exploration company’s stock valued at $471,000 after purchasing an additional 212 shares during the period. Finally, Hartford Investment Management Co. raised its position in shares of Total by 4.4% in the first quarter. Hartford Investment Management Co. now owns 5,208 shares of the oil and gas exploration company’s stock valued at $290,000 after purchasing an additional 218 shares during the period. 6.35% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on the stock. Goldman Sachs Group reissued a “buy” rating and issued a $70.00 price target on shares of Total in a research report on Monday, July 15th. Zacks Investment Research raised shares of Total from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research report on Wednesday, May 22nd. Citigroup lowered shares of Total from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 7th. Credit Suisse Group reissued a “buy” rating and issued a $58.00 price target on shares of Total in a research report on Monday, July 15th. Finally, HSBC reaffirmed a “buy” rating and set a $58.50 target price on shares of Total in a research report on Thursday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $46.71.

Shares of TOT stock opened at $48.57 on Wednesday. Total SA has a 1 year low of $47.70 and a 1 year high of $65.69. The firm’s fifty day simple moving average is $52.47 and its 200 day simple moving average is $54.64. The firm has a market capitalization of $119.75 billion, a P/E ratio of 9.62, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a current ratio of 1.25, a quick ratio of 1.00 and a debt-to-equity ratio of 0.38.

Total (NYSE:TOT) last announced its earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.18). Total had a return on equity of 10.68% and a net margin of 5.23%. The company had revenue of $51.24 billion for the quarter. Equities research analysts anticipate that Total SA will post 5.02 EPS for the current fiscal year.

Total Company Profile

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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