Cardinal Capital Management raised its stake in Total SA (NYSE:TOT) by 0.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,625 shares of the oil and gas exploration company’s stock after purchasing an additional 285 shares during the quarter. Cardinal Capital Management’s holdings in Total were worth $2,149,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of TOT. Wambolt & Associates LLC boosted its stake in Total by 13.5% during the first quarter. Wambolt & Associates LLC now owns 7,450 shares of the oil and gas exploration company’s stock valued at $420,000 after buying an additional 884 shares during the period. Buckley Wealth Management LLC purchased a new position in shares of Total in the first quarter worth about $206,000. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Total by 3.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 174,592 shares of the oil and gas exploration company’s stock worth $9,716,000 after buying an additional 5,380 shares during the period. Pacer Advisors Inc. purchased a new position in shares of Total in the first quarter worth about $5,437,000. Finally, Vigilant Capital Management LLC increased its holdings in shares of Total by 4.6% in the first quarter. Vigilant Capital Management LLC now owns 219,654 shares of the oil and gas exploration company’s stock worth $12,224,000 after buying an additional 9,565 shares during the period. 6.14% of the stock is owned by hedge funds and other institutional investors.
Total stock traded down $0.40 during trading hours on Thursday, hitting $56.38. 912,471 shares of the stock traded hands, compared to its average volume of 1,562,301. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.04 and a current ratio of 1.28. The stock has a market cap of $141.63 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 1.10 and a beta of 0.64. Total SA has a one year low of $49.70 and a one year high of $65.69.
The business also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Monday, March 18th will be given a $0.7237 dividend. The ex-dividend date is Friday, March 15th. This represents a $2.89 dividend on an annualized basis and a dividend yield of 5.13%. Total’s dividend payout ratio is currently 46.93%.
Several research firms have recently commented on TOT. Deutsche Bank reiterated a “buy” rating on shares of Total in a report on Tuesday. Royal Bank of Canada upgraded Total from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 26th. Zacks Investment Research upgraded Total from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 12th. Cowen began coverage on Total in a report on Thursday, January 31st. They set an “outperform” rating on the stock. Finally, GMP Securities restated a “buy” rating and set a $16.00 price target on shares of Total in a report on Tuesday, January 8th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $45.67.
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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