Northwestern Mutual Wealth Management Co. Buys 2,383 Shares of Total SA (NYSE:TOT)

Northwestern Mutual Wealth Management Co. boosted its position in shares of Total SA (NYSE:TOT) by 20.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,253 shares of the oil and gas exploration company’s stock after buying an additional 2,383 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Total were worth $793,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TOT. Wells Fargo & Company MN boosted its position in Total by 4.8% during the 1st quarter. Wells Fargo & Company MN now owns 6,897,163 shares of the oil and gas exploration company’s stock valued at $383,826,000 after acquiring an additional 318,614 shares in the last quarter. FMR LLC boosted its position in Total by 23.9% during the 4th quarter. FMR LLC now owns 6,346,842 shares of the oil and gas exploration company’s stock valued at $331,178,000 after acquiring an additional 1,222,746 shares in the last quarter. Sound Shore Management Inc. CT boosted its position in shares of Total by 13.5% in the 1st quarter. Sound Shore Management Inc. CT now owns 2,817,795 shares of the oil and gas exploration company’s stock worth $156,810,000 after purchasing an additional 335,134 shares in the last quarter. Raymond James & Associates boosted its position in shares of Total by 2.0% in the 1st quarter. Raymond James & Associates now owns 2,688,438 shares of the oil and gas exploration company’s stock worth $149,612,000 after purchasing an additional 53,367 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Total by 23.3% in the 4th quarter. American Century Companies Inc. now owns 2,365,897 shares of the oil and gas exploration company’s stock worth $123,453,000 after purchasing an additional 447,532 shares in the last quarter. 6.58% of the stock is owned by institutional investors.

A number of research firms have recently weighed in on TOT. HSBC reissued a “buy” rating and issued a $58.50 price objective on shares of Total in a research report on Thursday, May 23rd. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Wednesday, May 22nd. ValuEngine raised Total from a “sell” rating to a “hold” rating in a research report on Monday, May 20th. Citigroup cut Total from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 7th. Finally, Goldman Sachs Group reaffirmed a “buy” rating and set a $68.00 price target on shares of Total in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Total has a consensus rating of “Buy” and a consensus target price of $51.70.

Shares of NYSE:TOT traded up $0.19 during trading on Friday, reaching $55.79. The company had a trading volume of 759,198 shares, compared to its average volume of 1,588,816. The business’s fifty day moving average is $53.74. The firm has a market cap of $139.88 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 1.17 and a beta of 0.67. Total SA has a twelve month low of $49.70 and a twelve month high of $65.69. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.27 and a quick ratio of 1.00.

Total (NYSE:TOT) last issued its quarterly earnings results on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.09). The company had revenue of $51.21 billion during the quarter. Total had a return on equity of 11.21% and a net margin of 5.65%. On average, research analysts forecast that Total SA will post 5.42 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Monday, June 10th will be given a $0.7128 dividend. The ex-dividend date is Friday, June 7th. This represents a $2.85 dividend on an annualized basis and a dividend yield of 5.11%. Total’s payout ratio is presently 47.13%.

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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