Jefferies Group LLC boosted its holdings in shares of Total SA (NYSE:TOT) by 772.5% in the 4th quarter, HoldingsChannel reports. The fund owned 41,322 shares of the oil and gas exploration company’s stock after acquiring an additional 36,586 shares during the quarter. Jefferies Group LLC’s holdings in Total were worth $2,284,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in TOT. Vestpro Financial Partners Inc. dba CPF Texas purchased a new stake in Total during the 4th quarter valued at about $110,000. Bank of Nova Scotia Trust Co. acquired a new position in Total in the 3rd quarter valued at about $147,000. Lenox Wealth Management Inc. boosted its holdings in Total by 46.0% in the 3rd quarter. Lenox Wealth Management Inc. now owns 2,915 shares of the oil and gas exploration company’s stock valued at $157,000 after purchasing an additional 919 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Total by 14.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock valued at $195,000 after purchasing an additional 507 shares during the last quarter. Finally, Viking Fund Management LLC boosted its holdings in Total by 278.9% in the 4th quarter. Viking Fund Management LLC now owns 3,600 shares of the oil and gas exploration company’s stock valued at $199,000 after purchasing an additional 2,650 shares during the last quarter. 5.43% of the stock is owned by institutional investors.
Total SA (TOT) opened at $57.47 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.50 and a debt-to-equity ratio of 0.36. Total SA has a fifty-two week low of $48.15 and a fifty-two week high of $59.57. The company has a market cap of $142,778.08, a P/E ratio of 17.16, a PEG ratio of 1.50 and a beta of 0.77.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Friday, March 16th will be issued a $0.7637 dividend. This is a positive change from Total’s previous quarterly dividend of $0.73. This represents a $3.05 annualized dividend and a dividend yield of 5.32%. The ex-dividend date is Thursday, March 15th. Total’s dividend payout ratio is currently 33.73%.
TOT has been the topic of several recent analyst reports. JPMorgan Chase & Co. lowered shares of Total from a “neutral” rating to an “underweight” rating in a report on Thursday, December 7th. Goldman Sachs Group reiterated a “buy” rating on shares of Total in a report on Monday, December 11th. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Saturday, January 20th. Raymond James Financial upgraded shares of Total from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, February 13th. Finally, Scotiabank reiterated a “hold” rating and issued a $62.00 target price on shares of Total in a report on Thursday, December 21st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $51.78.
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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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