Total SA (NYSE:TOT) – Investment analysts at Piper Jaffray Companies lowered their FY2019 earnings estimates for shares of Total in a note issued to investors on Thursday, January 17th. Piper Jaffray Companies analyst B. Fernandez now forecasts that the oil and gas exploration company will post earnings per share of $4.21 for the year, down from their previous estimate of $4.95. Piper Jaffray Companies currently has a “Buy” rating on the stock. Piper Jaffray Companies also issued estimates for Total’s Q4 2019 earnings at $1.08 EPS, Q2 2020 earnings at $1.13 EPS, Q3 2020 earnings at $1.12 EPS, Q4 2020 earnings at $1.08 EPS and FY2020 earnings at $4.41 EPS.
A number of other research analysts also recently commented on TOT. Zacks Investment Research raised shares of Total from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Royal Bank of Canada reaffirmed a “hold” rating on shares of Total in a research report on Friday, January 4th. GMP Securities reaffirmed a “buy” rating and issued a $16.00 target price on shares of Total in a research report on Tuesday, January 8th. ValuEngine raised shares of Total from a “sell” rating to a “hold” rating in a research report on Monday, November 19th. Finally, JPMorgan Chase & Co. raised shares of Total from an “underweight” rating to a “neutral” rating in a research report on Wednesday, November 28th. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $54.17.
Total (NYSE:TOT) last posted its earnings results on Friday, October 26th. The oil and gas exploration company reported $1.47 EPS for the quarter, beating the Zacks’ consensus estimate of $1.41 by $0.06. The firm had revenue of $54.72 billion for the quarter. Total had a net margin of 5.55% and a return on equity of 11.09%.
A number of institutional investors have recently modified their holdings of the business. Fisher Asset Management LLC grew its position in Total by 2,993.5% during the 3rd quarter. Fisher Asset Management LLC now owns 16,285,755 shares of the oil and gas exploration company’s stock worth $1,048,640,000 after purchasing an additional 15,759,310 shares during the last quarter. FMR LLC grew its position in Total by 47.4% during the 3rd quarter. FMR LLC now owns 5,124,096 shares of the oil and gas exploration company’s stock worth $329,940,000 after purchasing an additional 1,648,239 shares during the last quarter. Sound Shore Management Inc. CT grew its position in Total by 0.9% during the 3rd quarter. Sound Shore Management Inc. CT now owns 2,935,453 shares of the oil and gas exploration company’s stock worth $189,014,000 after purchasing an additional 24,786 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Total by 6.0% in the 2nd quarter. Northern Trust Corp now owns 2,826,849 shares of the oil and gas exploration company’s stock worth $171,195,000 after acquiring an additional 158,954 shares during the period. Finally, Federated Investors Inc. PA lifted its stake in shares of Total by 3.8% in the 3rd quarter. Federated Investors Inc. PA now owns 2,225,827 shares of the oil and gas exploration company’s stock worth $143,321,000 after acquiring an additional 81,019 shares during the period. 6.23% of the stock is currently owned by institutional investors.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 17th. Shareholders of record on Monday, December 17th were given a dividend of $0.7267 per share. This represents a $2.91 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend was Friday, December 14th. Total’s payout ratio is currently 59.95%.
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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