Total SA (NYSE:TOT) Position Reduced by Garrison Point Advisors LLC

Garrison Point Advisors LLC trimmed its position in Total SA (NYSE:TOT) by 8.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,655 shares of the oil and gas exploration company’s stock after selling 580 shares during the period. Garrison Point Advisors LLC’s holdings in Total were worth $368,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TOT. Marshall Wace LLP bought a new stake in shares of Total in the 1st quarter worth $169,000. BlackRock Inc. grew its holdings in Total by 6.7% during the second quarter. BlackRock Inc. now owns 2,966,008 shares of the oil and gas exploration company’s stock worth $165,475,000 after acquiring an additional 186,569 shares during the period. Tower Research Capital LLC TRC acquired a new position in Total during the second quarter worth about $28,000. Invesco Ltd. grew its holdings in Total by 259.5% during the second quarter. Invesco Ltd. now owns 572,533 shares of the oil and gas exploration company’s stock worth $31,942,000 after acquiring an additional 413,288 shares during the period. Finally, Paloma Partners Management Co bought a new stake in Total in the second quarter worth about $408,000. Hedge funds and other institutional investors own 5.97% of the company’s stock.

Shares of Total stock traded down $0.42 on Friday, reaching $52.23. 1,513,926 shares of the company were exchanged, compared to its average volume of 1,707,812. Total SA has a fifty-two week low of $47.70 and a fifty-two week high of $58.82. The firm has a market capitalization of $139.11 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 1.50 and a beta of 0.72. The company has a current ratio of 1.22, a quick ratio of 0.98 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average price of $54.36 and a 200-day moving average price of $52.59.

Total (NYSE:TOT) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported $1.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.14. The business had revenue of $48.59 billion during the quarter. Total had a return on equity of 9.96% and a net margin of 4.81%. On average, equities analysts anticipate that Total SA will post 4.43 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.606 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $2.42 annualized dividend and a yield of 4.64%. Total’s payout ratio is presently 47.92%.

A number of equities research analysts have weighed in on TOT shares. Piper Jaffray Companies initiated coverage on shares of Total in a report on Tuesday, November 26th. They issued a “buy” rating and a $68.00 price target for the company. Wolfe Research set a $90.00 target price on shares of Total and gave the stock a “buy” rating in a report on Thursday, September 26th. Berenberg Bank reiterated a “buy” rating on shares of Total in a report on Sunday, January 19th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Total in a research note on Wednesday, January 15th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $59.29.

Total 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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