Wetherby Asset Management Inc. boosted its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,041 shares of the oil and gas exploration company’s stock after buying an additional 359 shares during the period. Wetherby Asset Management Inc.’s holdings in TotalFinaElf, were worth $1,241,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its position in TotalFinaElf, by 762,513.6% in the first quarter. BlackRock Inc. now owns 12,575,498 shares of the oil and gas exploration company’s stock valued at $634,057,000 after buying an additional 12,573,849 shares during the period. Epoch Investment Partners Inc. raised its position in TotalFinaElf, by 5,258.7% in the first quarter. Epoch Investment Partners Inc. now owns 1,038,040 shares of the oil and gas exploration company’s stock valued at $52,338,000 after buying an additional 1,018,669 shares during the period. Wells Fargo & Company MN raised its position in TotalFinaElf, by 15.2% in the first quarter. Wells Fargo & Company MN now owns 6,682,805 shares of the oil and gas exploration company’s stock valued at $336,947,000 after buying an additional 884,137 shares during the period. Bank of America Corp DE raised its position in TotalFinaElf, by 8.2% in the first quarter. Bank of America Corp DE now owns 11,558,053 shares of the oil and gas exploration company’s stock valued at $582,759,000 after buying an additional 871,051 shares during the period. Finally, Teachers Retirement System of The State of Kentucky purchased a new position in TotalFinaElf, during the first quarter valued at $41,274,000. 6.14% of the stock is owned by hedge funds and other institutional investors.
Shares of TotalFinaElf, S.A. (NYSE TOT) opened at 51.31 on Thursday. The stock has a market cap of $127.81 billion, a price-to-earnings ratio of 17.69 and a beta of 0.76. The company has a 50-day moving average of $50.01 and a 200 day moving average of $50.80. TotalFinaElf, S.A. has a one year low of $45.05 and a one year high of $54.71.
TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by $0.01. The business had revenue of $39.92 billion during the quarter. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. On average, equities analysts forecast that TotalFinaElf, S.A. will post $3.99 earnings per share for the current fiscal year.
Several equities analysts have recently weighed in on TOT shares. Morgan Stanley reaffirmed a “neutral” rating on shares of TotalFinaElf, in a report on Thursday, April 13th. Simmons lifted their target price on shares of TotalFinaElf, from $53.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, April 19th. TheStreet raised shares of TotalFinaElf, from a “c” rating to a “b” rating in a report on Thursday, April 27th. Canaccord Genuity raised shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Friday, July 21st. Finally, ValuEngine lowered shares of TotalFinaElf, from a “buy” rating to a “hold” rating in a report on Thursday, May 18th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $53.75.
TotalFinaElf, Company Profile
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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