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Eagle Asset Management Inc. Increases Position in Total SA (NYSE:TOT)

By August 20, 2019 No Comments

Eagle Asset Management Inc. lifted its position in Total SA (NYSE:TOT) by 7.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,477,484 shares of the oil and gas exploration company’s stock after purchasing an additional 97,181 shares during the period. Eagle Asset Management Inc. owned about 0.06% of Total worth $82,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of TOT. Comerica Securities Inc. lifted its position in Total by 21.8% in the fourth quarter. Comerica Securities Inc. now owns 7,146 shares of the oil and gas exploration company’s stock valued at $377,000 after buying an additional 1,279 shares during the last quarter. Geode Capital Management LLC lifted its position in Total by 11.9% in the fourth quarter. Geode Capital Management LLC now owns 52,536 shares of the oil and gas exploration company’s stock valued at $2,741,000 after buying an additional 5,566 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Total by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 709,465 shares of the oil and gas exploration company’s stock valued at $37,020,000 after buying an additional 7,031 shares during the last quarter. Financial Gravity Wealth Inc. acquired a new position in Total in the first quarter valued at about $30,000. Finally, Winslow Evans & Crocker Inc. lifted its position in Total by 18.9% in the first quarter. Winslow Evans & Crocker Inc. now owns 1,622 shares of the oil and gas exploration company’s stock valued at $92,000 after buying an additional 258 shares during the last quarter. 6.38% of the stock is owned by institutional investors.

A number of research analysts have commented on the stock. BMO Capital Markets decreased their target price on shares of Total from $11.00 to $8.50 and set a “market perform” rating on the stock in a research report on Friday, August 9th. Citigroup cut shares of Total from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 7th. Credit Suisse Group reaffirmed a “buy” rating and issued a $58.00 target price on shares of Total in a research report on Monday, July 15th. HSBC reissued a “buy” rating and set a $58.50 price target on shares of Total in a research report on Thursday, May 23rd. Finally, ValuEngine cut shares of Total from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $46.71.

TOT opened at $48.01 on Monday. The business has a 50-day moving average of $53.08 and a two-hundred day moving average of $54.77. The stock has a market capitalization of $119.85 billion, a price-to-earnings ratio of 9.51, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.25 and a quick ratio of 1.00. Total SA has a 12 month low of $47.70 and a 12 month high of $65.69.

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