Brinker Capital Inc. Buys 2,365 Shares of Total SA (NYSE:TOT)

Brinker Capital Inc. increased its stake in Total SA (NYSE:TOT) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,787 shares of the oil and gas exploration company’s stock after acquiring an additional 2,365 shares during the period. Brinker Capital Inc.’s holdings in Total were worth $3,476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stephens Inc. AR increased its holdings in Total by 0.9% during the 3rd quarter. Stephens Inc. AR now owns 150,842 shares of the oil and gas exploration company’s stock valued at $7,844,000 after purchasing an additional 1,341 shares during the period. Cardinal Capital Management increased its holdings in Total by 1.1% during the 3rd quarter. Cardinal Capital Management now owns 38,954 shares of the oil and gas exploration company’s stock valued at $2,025,000 after purchasing an additional 418 shares during the period. Bailard Inc. increased its holdings in Total by 7.0% during the 3rd quarter. Bailard Inc. now owns 5,125 shares of the oil and gas exploration company’s stock valued at $267,000 after purchasing an additional 335 shares during the period. Park Avenue Securities LLC purchased a new position in Total during the 3rd quarter valued at about $348,000. Finally, Envestnet Asset Management Inc. increased its holdings in Total by 0.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,029,904 shares of the oil and gas exploration company’s stock valued at $53,555,000 after purchasing an additional 8,547 shares during the period. 5.99% of the stock is owned by institutional investors.

TOT stock opened at $52.37 on Wednesday. Total SA has a fifty-two week low of $47.70 and a fifty-two week high of $59.56. The business’s 50 day moving average price is $51.24 and its two-hundred day moving average price is $52.90. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.00 and a current ratio of 1.25. The company has a market capitalization of $138.71 billion, a price-to-earnings ratio of 10.37, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69.

Total (NYSE:TOT) last posted its earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). Total had a return on equity of 10.68% and a net margin of 5.23%. The firm had revenue of $51.24 billion for the quarter. Sell-side analysts forecast that Total SA will post 4.5 earnings per share for the current year.

A number of brokerages recently issued reports on TOT. BMO Capital Markets began coverage on Total in a report on Tuesday, August 20th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. upgraded Total from a “neutral” rating to an “overweight” rating in a report on Monday, September 16th. Kepler Capital Markets restated a “buy” rating on shares of Total in a report on Monday, September 16th. Credit Suisse Group reiterated a “buy” rating and set a $58.00 target price on shares of Total in a report on Monday, July 15th. Finally, ValuEngine upgraded Total from a “sell” rating to a “hold” rating in a report on Friday, September 20th. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $52.13.

About Total

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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