Smithfield Trust Co. Raises Position in TotalFinaElf, S.A. (NYSE:TOT)
Smithfield Trust Co. boosted its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 10.3% during the second quarter, Holdings Channel reports. The fund owned 3,685 shares of the oil and gas exploration company’s stock after buying an additional 345 shares during the period. Smithfield Trust Co.’s holdings in TotalFinaElf, were worth $183,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Americafirst Capital Management LLC purchased a new stake in TotalFinaElf, during the first quarter valued at $152,000. Private Trust Co. NA purchased a new stake in TotalFinaElf, during the first quarter valued at $230,000. Honkamp Krueger Financial Services Inc. purchased a new stake in TotalFinaElf, during the first quarter valued at $975,000. Bremer Trust National Association increased its stake in TotalFinaElf, by 25.0% in the first quarter. Bremer Trust National Association now owns 38,770 shares of the oil and gas exploration company’s stock valued at $1,955,000 after buying an additional 7,765 shares during the last quarter. Finally, Capstone Asset Management Co. increased its stake in TotalFinaElf, by 2.4% in the first quarter. Capstone Asset Management Co. now owns 198,196 shares of the oil and gas exploration company’s stock valued at $9,993,000 after buying an additional 4,610 shares during the last quarter. 6.14% of the stock is owned by institutional investors and hedge funds.
TotalFinaElf, S.A. (NYSE:TOT) opened at 51.72 on Tuesday. The firm’s 50-day moving average price is $49.79 and its 200 day moving average price is $50.78. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week high of $54.71. The firm has a market cap of $128.83 billion, a PE ratio of 17.83 and a beta of 0.76.
TotalFinaElf, (NYSE:TOT) last issued its earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.98 by $0.01. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. The business had revenue of $39.92 billion during the quarter. On average, equities analysts anticipate that TotalFinaElf, S.A. will post $3.99 earnings per share for the current year.
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TOT has been the subject of several analyst reports. Societe Generale reaffirmed a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. TheStreet raised TotalFinaElf, from a “c” rating to a “b” rating in a research note on Thursday, April 27th. Morgan Stanley reaffirmed a “neutral” rating on shares of TotalFinaElf, in a research note on Thursday, April 13th. Howard Weil downgraded TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, May 17th. Finally, Simmons upped their price objective on TotalFinaElf, from $53.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, April 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $53.75.
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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