Banco Santander S.A. lessened its holdings in shares of Total SA (NYSE:TOT) by 62.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,061 shares of the oil and gas exploration company’s stock after selling 42,492 shares during the period. Banco Santander S.A.’s holdings in Total were worth $1,434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of the stock. Oregon Public Employees Retirement Fund purchased a new position in Total in the fourth quarter valued at $40,000. Deutsche Bank AG increased its holdings in Total by 2,944.8% in the fourth quarter. Deutsche Bank AG now owns 1,466,824 shares of the oil and gas exploration company’s stock valued at $76,538,000 after buying an additional 1,418,650 shares in the last quarter. FMR LLC increased its stake in shares of Total by 23.9% during the fourth quarter. FMR LLC now owns 6,346,842 shares of the oil and gas exploration company’s stock worth $331,178,000 after purchasing an additional 1,222,746 shares in the last quarter. Boston Partners purchased a new stake in shares of Total during the fourth quarter worth about $34,480,000. Finally, Temasek Holdings Private Ltd purchased a new stake in shares of Total during the fourth quarter worth about $24,049,000. 6.58% of the stock is owned by hedge funds and other institutional investors.
NYSE:TOT traded up $0.24 during trading hours on Monday, hitting $56.03. 695,604 shares of the company’s stock traded hands, compared to its average volume of 1,583,754. Total SA has a 52 week low of $49.70 and a 52 week high of $65.69. The company has a fifty day moving average of $53.90. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The company has a market cap of $140.90 billion, a price-to-earnings ratio of 11.10, a P/E/G ratio of 1.16 and a beta of 0.71.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 10th will be given a $0.7128 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.85 dividend on an annualized basis and a yield of 5.09%. Total’s payout ratio is 47.13%.
A number of analysts have recently commented on TOT shares. Deutsche Bank reissued a “buy” rating on shares of Total in a research note on Thursday, March 7th. Zacks Investment Research raised shares of Total from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research note on Monday, April 15th. ValuEngine cut shares of Total from a “hold” rating to a “sell” rating in a research note on Wednesday, April 24th. Goldman Sachs Group restated a “buy” rating and set a $68.00 price target on shares of Total in a research report on Friday, April 26th. Finally, Citigroup downgraded shares of Total from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 7th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $51.70.
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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