Sound View Wealth Advisors LLC Sells 576 Shares of Total SA (TOT)

Sound View Wealth Advisors LLC reduced its stake in shares of Total SA (NYSE:TOT) by 8.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,958 shares of the oil and gas exploration company’s stock after selling 576 shares during the quarter. Sound View Wealth Advisors LLC’s holdings in Total were worth $332,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Acima Private Wealth LLC grew its holdings in Total by 28.2% in the first quarter. Acima Private Wealth LLC now owns 864 shares of the oil and gas exploration company’s stock valued at $48,000 after purchasing an additional 190 shares during the period. Mutual Advisors LLC grew its holdings in Total by 2.1% in the fourth quarter. Mutual Advisors LLC now owns 9,873 shares of the oil and gas exploration company’s stock valued at $515,000 after purchasing an additional 204 shares during the period. Mitchell Capital Management Co. grew its holdings in Total by 2.6% in the first quarter. Mitchell Capital Management Co. now owns 8,465 shares of the oil and gas exploration company’s stock valued at $471,000 after purchasing an additional 212 shares during the period. Hartford Investment Management Co. grew its holdings in Total by 4.4% in the first quarter. Hartford Investment Management Co. now owns 5,208 shares of the oil and gas exploration company’s stock valued at $290,000 after purchasing an additional 218 shares during the period. Finally, Enterprise Financial Services Corp grew its holdings in Total by 65.0% in the first quarter. Enterprise Financial Services Corp now owns 571 shares of the oil and gas exploration company’s stock valued at $32,000 after purchasing an additional 225 shares during the period. Institutional investors own 6.59% of the company’s stock.

A number of brokerages have recently issued reports on TOT. Zacks Investment Research lowered Total from a “buy” rating to a “hold” rating in a research note on Tuesday, April 23rd. Deutsche Bank reaffirmed a “buy” rating on shares of Total in a research note on Thursday, March 7th. Royal Bank of Canada raised Total from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, February 26th. ValuEngine lowered Total from a “hold” rating to a “sell” rating in a research note on Wednesday, April 24th. Finally, Goldman Sachs Group reaffirmed a “buy” rating and issued a $68.00 price target on shares of Total in a research note on Friday, April 26th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Total currently has a consensus rating of “Buy” and an average target price of $51.70.

Shares of NYSE:TOT traded up $0.43 during trading on Monday, reaching $53.42. The stock had a trading volume of 896,037 shares, compared to its average volume of 1,616,729. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.27 and a quick ratio of 1.00. The firm has a market capitalization of $133.25 billion, a PE ratio of 10.58, a P/E/G ratio of 1.06 and a beta of 0.63. Total SA has a 1-year low of $49.70 and a 1-year high of $65.69.

Total (NYSE:TOT) last issued its quarterly earnings results on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.09). The firm had revenue of $51.21 billion during the quarter. Total had a return on equity of 11.21% and a net margin of 5.65%. As a group, analysts expect that Total SA will post 5.4 earnings per share for the current year.

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Total Profile

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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