Several other analysts have also recently commented on TOT. Cowen reiterated an outperform rating and issued a $64.00 price target (up previously from $58.00) on shares of Total in a research note on Thursday, February 8th. Sanford C. Bernstein upgraded shares of Total from a market perform rating to an outperform rating and set a $66.00 price target on the stock in a research note on Friday, February 9th. Morgan Stanley upgraded shares of Total from an equal weight rating to an overweight rating in a research note on Tuesday, February 13th. Raymond James upgraded shares of Total from an outperform rating to a strong-buy rating in a research note on Tuesday, February 13th. Finally, Zacks Investment Research cut shares of Total from a buy rating to a hold rating in a research note on Tuesday, February 20th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Total presently has a consensus rating of Hold and an average target price of $51.38.
Total stock traded down $0.18 during mid-day trading on Tuesday, hitting $61.20. The stock had a trading volume of 1,392,997 shares, compared to its average volume of 1,719,764. The company has a market capitalization of $155.60 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.24 and a beta of 0.74. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.12 and a current ratio of 1.41. Total has a one year low of $48.15 and a one year high of $64.59.
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 6th. Stockholders of record on Friday, June 8th will be given a dividend of $0.7302 per share. This represents a $2.92 annualized dividend and a dividend yield of 4.77%. The ex-dividend date is Thursday, June 7th. Total’s dividend payout ratio is 70.87%.
Several hedge funds and other institutional investors have recently made changes to their positions in TOT. Amundi Pioneer Asset Management Inc. raised its position in shares of Total by 1,111.3% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 3,414,753 shares of the oil and gas exploration company’s stock valued at $188,768,000 after buying an additional 3,132,853 shares in the last quarter. Summit Trail Advisors LLC raised its position in shares of Total by 5,648.3% during the 1st quarter. Summit Trail Advisors LLC now owns 1,596,022 shares of the oil and gas exploration company’s stock valued at $1,596,000 after buying an additional 1,568,257 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Total during the 1st quarter valued at about $21,520,000. Global Financial Private Capital LLC purchased a new stake in Total in the 1st quarter worth about $20,659,000. Finally, Wells Fargo & Company MN raised its position in Total by 4.8% in the 4th quarter. Wells Fargo & Company MN now owns 7,283,528 shares of the oil and gas exploration company’s stock worth $402,633,000 after purchasing an additional 331,347 shares during the period. Hedge funds and other institutional investors own 5.69% of the company’s stock.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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