Total SA (NYSE:TOT) has received a consensus recommendation of “Buy” from the nineteen analysts that are covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $48.33.
A number of equities research analysts have weighed in on the stock. Sanford C. Bernstein reiterated a “buy” rating on shares of Total in a research note on Friday, October 26th. Kepler Capital Markets reaffirmed a “buy” rating on shares of Total in a report on Monday, November 26th. UBS Group reaffirmed a “buy” rating on shares of Total in a report on Friday, October 26th. Royal Bank of Canada reaffirmed a “hold” rating on shares of Total in a report on Friday, October 26th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Total in a report on Tuesday, October 23rd.
Several hedge funds have recently made changes to their positions in TOT. Buckingham Capital Management Inc. grew its position in shares of Total by 8.3% in the 3rd quarter. Buckingham Capital Management Inc. now owns 26,875 shares of the oil and gas exploration company’s stock valued at $1,730,000 after purchasing an additional 2,058 shares during the period. Csenge Advisory Group acquired a new position in shares of Total in the 3rd quarter valued at approximately $515,000. Koshinski Asset Management Inc. acquired a new position in shares of Total in the 3rd quarter valued at approximately $342,000. Glenmede Trust Co. NA acquired a new position in shares of Total in the 3rd quarter valued at approximately $8,234,000. Finally, BRYN MAWR TRUST Co acquired a new position in shares of Total in the 3rd quarter valued at approximately $212,000. 6.22% of the stock is owned by institutional investors.
Total (NYSE:TOT) last posted its quarterly earnings results on Friday, October 26th. The oil and gas exploration company reported $1.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.06. Total had a net margin of 5.55% and a return on equity of 11.09%. The firm had revenue of $54.72 billion for the quarter. On average, equities research analysts expect that Total will post 5.46 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 17th. Stockholders of record on Monday, December 17th will be paid a $0.7267 dividend. The ex-dividend date is Friday, December 14th. This represents a $2.91 dividend on an annualized basis and a dividend yield of 5.35%. Total’s dividend payout ratio (DPR) is presently 60.19%.
Total Company Profile
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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