Bank of New York Mellon Corp boosted its position in shares of Total SA (NYSE:TOT) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 647,799 shares of the oil and gas exploration company’s stock after acquiring an additional 23,109 shares during the quarter. Bank of New York Mellon Corp’s holdings in Total were worth $35,812,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TOT. Vestpro Financial Partners Inc. dba CPF Texas acquired a new position in Total during the fourth quarter worth approximately $110,000. Bank of Nova Scotia Trust Co. acquired a new position in Total during the third quarter worth approximately $147,000. Lenox Wealth Management Inc. increased its position in Total by 46.0% during the third quarter. Lenox Wealth Management Inc. now owns 2,915 shares of the oil and gas exploration company’s stock worth $157,000 after buying an additional 919 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Total by 14.8% in the second 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 period. Finally, Viking Fund Management LLC increased its holdings in shares of Total by 278.9% in the fourth 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 period. 5.43% of the stock is currently owned by institutional investors.
Shares of Total SA (TOT) opened at $57.66 on Wednesday. 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 12 month low of $48.15 and a 12 month high of $59.57. The firm has a market capitalization of $145,870.00, a P/E ratio of 17.21, a P/E/G ratio of 1.50 and a beta of 0.79.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 16th will be paid a $0.7637 dividend. The ex-dividend date is Thursday, March 15th. This is an increase from Total’s previous quarterly dividend of $0.73. This represents a $3.05 dividend on an annualized basis and a dividend yield of 5.30%. Total’s payout ratio is 33.73%.
A number of research firms have recently issued reports on TOT. Barclays raised Total from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Piper Jaffray Companies reissued a “hold” rating and issued a $58.00 target price on shares of Total in a report on Friday, February 23rd. Zacks Investment Research lowered Total from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Raymond James Financial raised Total from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, February 13th. Finally, Morgan Stanley raised Total from an “equal weight” rating to an “overweight” rating in a report on Tuesday, February 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $51.78.
ILLEGAL ACTIVITY NOTICE: “Total SA (TOT) Shares Bought by Bank of New York Mellon Corp” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3260733/total-sa-tot-shares-bought-by-bank-of-new-york-mellon-corp.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.