HPM Partners LLC raised its position in Total SA (NYSE:TOT) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,680 shares of the oil and gas exploration company’s stock after buying an additional 3,200 shares during the period. HPM Partners LLC’s holdings in Total were worth $1,696,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Zions Bancorporation boosted its position in Total by 1,399.5% in the 3rd quarter. Zions Bancorporation now owns 20,828 shares of the oil and gas exploration company’s stock valued at $1,115,000 after buying an additional 19,439 shares during the last quarter. Valeo Financial Advisors LLC bought a new position in shares of Total during the third quarter worth about $1,580,000. NWQ Investment Management Company LLC lifted its position in shares of Total by 9.0% during the third quarter. NWQ Investment Management Company LLC now owns 78,950 shares of the oil and gas exploration company’s stock worth $4,225,000 after purchasing an additional 6,500 shares during the last quarter. TD Asset Management Inc. lifted its position in shares of Total by 6.3% during the third quarter. TD Asset Management Inc. now owns 152,814 shares of the oil and gas exploration company’s stock worth $8,179,000 after purchasing an additional 9,099 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Total by 9.2% during the third quarter. Wells Fargo & Company MN now owns 6,952,181 shares of the oil and gas exploration company’s stock worth $372,080,000 after purchasing an additional 587,013 shares during the last quarter. 5.43% of the stock is owned by institutional investors.
Total SA (NYSE: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 twelve month low of $48.15 and a twelve month high of $59.57. The stock has a market cap of $142,778.08, a PE ratio of 17.16, a price-to-earnings-growth ratio of 1.50 and a beta of 0.77.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 16th will be issued a $0.7637 dividend. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $3.05 dividend on an annualized basis and a yield of 5.32%. This is a boost from Total’s previous quarterly dividend of $0.73. Total’s dividend payout ratio (DPR) is currently 33.73%.
Several brokerages have recently commented on TOT. Barclays raised shares of Total from an “equal weight” rating to a “buy” rating in a research report on Tuesday. Piper Jaffray Companies reaffirmed a “hold” rating and set a $58.00 price target on shares of Total in a research report on Friday, February 23rd. Sanford C. Bernstein raised shares of Total from a “market perform” rating to an “outperform” rating and set a $66.00 price target on the stock in a research report on Friday, February 9th. Cowen reaffirmed an “outperform” rating and set a $64.00 price target (up previously from $58.00) on shares of Total in a research report on Thursday, February 8th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $19.00 price target on shares of Total in a research report on Tuesday, January 16th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $51.78.
ILLEGAL ACTIVITY WARNING: This news story was reported by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/3259628/hpm-partners-llc-has-1-70-million-holdings-in-total-sa-tot.html.
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.
Want to see what other hedge funds are holding TOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Total SA (NYSE:TOT).
Receive News & Ratings for Total Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total and related companies with MarketBeat.com's FREE daily email newsletter.