Total SA (TOT) Sees Strong Trading Volume
Total SA (NYSE:TOT) shares saw unusually-strong trading volume on Thursday . Approximately 3,322,534 shares were traded during mid-day trading, an increase of 37% from the previous session’s volume of 2,422,554 shares.The stock last traded at $47.57 and had previously closed at $47.87.
A number of research analysts have recently commented on the company. Bank of America Corp. lowered Total SA from a “buy” rating to a “neutral” rating in a report on Friday, July 15th. TheStreet upgraded Total SA from a “hold” rating to a “buy” rating in a report on Thursday, July 14th. Canaccord Genuity lowered Total SA from a “buy” rating to a “hold” rating in a report on Monday, April 18th. Citigroup Inc. reiterated an “outperform” rating on shares of Total SA in a report on Friday, April 1st. Finally, Jefferies Group lowered Total SA from a “buy” rating to a “hold” rating in a report on Thursday, April 28th. Ten equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Total SA currently has a consensus rating of “Buy” and an average price target of $50.47.
The firm has a market cap of $111.53 billion and a P/E ratio of 28.45. The company has a 50 day moving average of $47.61 and a 200 day moving average of $46.21.
Total SA (NYSE:TOT) last released its quarterly earnings data on Wednesday, April 27th. The oil and gas exploration company reported $0.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.26. On average, equities analysts expect that Total SA will post $3.20 EPS for the current fiscal year.
The company also recently declared a special dividend, which was paid on Friday, July 1st. Investors of record on Friday, June 3rd were issued a dividend of $0.6828 per share. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a yield of 5.76%.
A number of hedge funds have recently added to or reduced their stakes in TOT. Tweedy Browne Co. LLC boosted its stake in Total SA by 0.9% in the fourth quarter. Tweedy Browne Co. LLC now owns 373,665 shares of the oil and gas exploration company’s stock valued at $16,796,000 after buying an additional 3,423 shares during the last quarter. Brandes Investment Partners LP boosted its stake in Total SA by 3.6% in the fourth quarter. Brandes Investment Partners LP now owns 66,293 shares of the oil and gas exploration company’s stock valued at $2,980,000 after buying an additional 2,281 shares during the last quarter. Whittier Trust Co. boosted its stake in Total SA by 94.6% in the fourth quarter. Whittier Trust Co. now owns 33,979 shares of the oil and gas exploration company’s stock valued at $1,527,000 after buying an additional 16,518 shares during the last quarter. L & S Advisors Inc purchased a new stake in Total SA during the fourth quarter valued at $3,278,000. Finally, Wells Fargo & Company MN boosted its stake in Total SA by 10.8% in the fourth quarter. Wells Fargo & Company MN now owns 5,028,396 shares of the oil and gas exploration company’s stock valued at $226,025,000 after buying an additional 491,695 shares during the last quarter.
Total SA is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.