Franklin Resources Inc. lessened its position in Total SA (NYSE:TOT) by 12.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 289,876 shares of the oil and gas exploration company’s stock after selling 42,937 shares during the quarter. Franklin Resources Inc.’s holdings in Total were worth $16,023,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the stock. Clearbridge Investments LLC raised its position in Total by 0.9% in the 4th quarter. Clearbridge Investments LLC now owns 215,783 shares of the oil and gas exploration company’s stock valued at $11,928,000 after buying an additional 1,992 shares during the last quarter. Jefferies Group LLC raised its position in Total by 772.5% in the 4th quarter. Jefferies Group LLC now owns 41,322 shares of the oil and gas exploration company’s stock valued at $2,284,000 after buying an additional 36,586 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in Total in the 4th quarter valued at approximately $322,000. Advisor Group Inc. raised its position in Total by 11.1% in the 4th quarter. Advisor Group Inc. now owns 63,085 shares of the oil and gas exploration company’s stock valued at $3,488,000 after buying an additional 6,310 shares during the last quarter. Finally, Franklin Square Holdings L.P. raised its position in Total by 49.4% in the 4th quarter. Franklin Square Holdings L.P. now owns 18,800 shares of the oil and gas exploration company’s stock valued at $1,039,000 after buying an additional 6,220 shares during the last quarter. 5.43% of the stock is currently owned by institutional investors and hedge funds.
Total stock opened at $56.28 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.50 and a quick ratio of 1.21. The firm has a market capitalization of $141,131.80, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.46 and a beta of 0.77. Total SA has a one year low of $48.15 and a one year high of $59.57.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 16th will be paid a $0.7637 dividend. This represents a $3.05 dividend on an annualized basis and a yield of 5.43%. This is an increase from Total’s previous quarterly dividend of $0.73. The ex-dividend date is Thursday, March 15th. Total’s dividend payout ratio (DPR) is currently 91.05%.
A number of equities research analysts recently issued reports on TOT shares. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Saturday, January 20th. Piper Jaffray Companies reissued a “hold” rating and issued a $58.00 target price on shares of Total in a research report on Friday, February 23rd. Scotiabank reissued a “hold” rating and issued a $62.00 target price on shares of Total in a research report on Thursday, December 21st. Morgan Stanley raised Total from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 13th. Finally, Sanford C. Bernstein raised Total from a “market perform” rating to an “outperform” rating and set a $66.00 target price on the stock in a research report on Friday, February 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus 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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