V Wealth Advisors LLC boosted its position in Total SA (NYSE:TOT) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,954 shares of the oil and gas exploration company’s stock after buying an additional 195 shares during the quarter. V Wealth Advisors LLC’s holdings in Total were worth $505,000 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. Comerica Securities Inc. lifted its stake in shares of Total by 21.8% in the fourth quarter. Comerica Securities Inc. now owns 7,146 shares of the oil and gas exploration company’s stock valued at $377,000 after purchasing an additional 1,279 shares during the period. Geode Capital Management LLC increased its holdings in Total by 11.9% during the 4th quarter. Geode Capital Management LLC now owns 52,536 shares of the oil and gas exploration company’s stock valued at $2,741,000 after acquiring an additional 5,566 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Total by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 709,465 shares of the oil and gas exploration company’s stock valued at $37,020,000 after acquiring an additional 7,031 shares in the last quarter. Ledyard National Bank increased its holdings in Total by 1.9% during the 1st quarter. Ledyard National Bank now owns 96,920 shares of the oil and gas exploration company’s stock valued at $5,394,000 after acquiring an additional 1,767 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in Total during the 1st quarter valued at about $55,000. 6.46% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have weighed in on TOT shares. Citigroup downgraded shares of Total from a “buy” rating to a “neutral” rating in a report on Tuesday, May 7th. Goldman Sachs Group restated a “buy” rating and set a $70.00 target price on shares of Total in a report on Monday, July 15th. HSBC restated a “buy” rating and set a $58.50 target price on shares of Total in a report on Thursday, May 23rd. BMO Capital Markets dropped their target price on shares of Total from $11.00 to $8.50 and set a “market perform” rating for the company in a report on Friday. Finally, ValuEngine downgraded shares of Total from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $46.71.
Total (NYSE:TOT) last issued its quarterly earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). The firm had revenue of $51.24 billion for the quarter. Total had a return on equity of 10.68% and a net margin of 5.23%. Research analysts predict that Total SA will post 4.94 earnings per share for the current year.
Total Company 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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