Manning & Napier Group LLC Acquires 4,883 Shares of Total SA (NYSE:TOT)

Manning & Napier Group LLC grew its position in shares of Total SA (NYSE:TOT) by 3.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 156,275 shares of the oil and gas exploration company’s stock after buying an additional 4,883 shares during the period. Manning & Napier Group LLC’s holdings in Total were worth $8,126,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bailard Inc. bought a new stake in shares of Total during the second quarter valued at approximately $267,000. MAI Capital Management bought a new stake in shares of Total during the second quarter valued at approximately $239,000. Garland Capital Management Inc. increased its holdings in shares of Total by 5.1% during the second quarter. Garland Capital Management Inc. now owns 59,172 shares of the oil and gas exploration company’s stock valued at $3,301,000 after acquiring an additional 2,895 shares in the last quarter. Atlas Capital Advisors LLC increased its holdings in shares of Total by 3.8% during the second quarter. Atlas Capital Advisors LLC now owns 9,104 shares of the oil and gas exploration company’s stock valued at $508,000 after acquiring an additional 332 shares in the last quarter. Finally, Advisor Partners LLC increased its holdings in shares of Total by 3.3% during the second quarter. Advisor Partners LLC now owns 13,006 shares of the oil and gas exploration company’s stock valued at $726,000 after acquiring an additional 419 shares in the last quarter. Hedge funds and other institutional investors own 5.96% of the company’s stock.

Several equities research analysts have recently commented on the company. Wolfe Research set a $90.00 price objective on Total and gave the company a “buy” rating in a report on Thursday, September 26th. Kepler Capital Markets restated a “buy” rating on shares of Total in a report on Monday, September 16th. JPMorgan Chase & Co. upgraded Total from a “neutral” rating to an “overweight” rating in a report on Monday, September 16th. Citigroup downgraded Total from a “buy” rating to a “neutral” rating in a report on Thursday, August 22nd. Finally, Credit Suisse Group restated a “buy” rating and set a $58.00 price objective on shares of Total in a report on Monday, July 15th. Four research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Total has an average rating of “Buy” and a consensus target price of $52.13.

Shares of NYSE:TOT opened at $50.99 on Friday. The stock has a market cap of $130.92 billion, a price-to-earnings ratio of 10.42, a PEG ratio of 1.63 and a beta of 0.69. The company has a quick ratio of 1.00, a current ratio of 1.25 and a debt-to-equity ratio of 0.38. Total SA has a 12-month low of $47.70 and a 12-month high of $62.54. The business’s 50 day moving average is $50.71 and its 200 day moving average is $53.15.

Total (NYSE:TOT) last announced its earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($0.18). The company had revenue of $51.24 billion for the quarter. Total had a net margin of 5.23% and a return on equity of 10.68%. As a group, equities research analysts expect that Total SA will post 4.6 earnings per share for the current year.

About Total

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.

Further Reading: Understanding the Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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