Harbour Investment Management LLC Takes Position in Total SA (TOT)

Harbour Investment Management LLC bought a new stake in Total SA (NYSE:TOT) in the 4th quarter, HoldingsChannel.com reports. The fund bought 9,680 shares of the oil and gas exploration company’s stock, valued at approximately $535,000.

A number of other institutional investors also recently bought and sold shares of TOT. Perennial Advisors LLC acquired a new stake in Total in the 3rd quarter valued at approximately $120,000. Bank of Nova Scotia Trust Co. acquired a new position in shares of Total in the third quarter worth $147,000. Lenox Wealth Management Inc. grew its stake in shares of Total by 46.0% in the third quarter. Lenox Wealth Management Inc. now owns 2,915 shares of the oil and gas exploration company’s stock worth $157,000 after acquiring an additional 919 shares in the last quarter. Advisory Services Network LLC grew its stake in shares of Total by 251.1% in the second quarter. Advisory Services Network LLC now owns 3,283 shares of the oil and gas exploration company’s stock worth $163,000 after acquiring an additional 2,348 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Total by 14.8% in the second quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock worth $195,000 after acquiring an additional 507 shares in the last quarter. Hedge funds and other institutional investors own 5.43% of the company’s stock.

Several research firms have commented on TOT. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Saturday, January 20th. Canaccord Genuity restated a “buy” rating and issued a $19.00 price target on shares of Total in a research note on Tuesday, January 16th. Scotiabank restated a “hold” rating and issued a $62.00 price target on shares of Total in a research note on Thursday, December 21st. Goldman Sachs Group restated a “buy” rating on shares of Total in a research note on Monday, December 11th. Finally, JPMorgan Chase & Co. downgraded shares of Total from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 7th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. Total presently has an average rating of “Hold” and an average price target of $48.63.

Shares of Total SA (NYSE:TOT) opened at $57.28 on Monday. The stock has a market cap of $142,877.86, a price-to-earnings ratio of 14.39, a PEG ratio of 1.49 and a beta of 0.77. Total SA has a 1 year low of $48.15 and a 1 year high of $59.57. 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 also recently disclosed a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Monday, December 18th were given a dividend of $0.734 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $2.94 annualized dividend and a dividend yield of 5.13%. Total’s dividend payout ratio (DPR) is currently 35.53%.

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About Total

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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Institutional Ownership by Quarter for Total (NYSE:TOT)

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