Abbrea Capital LLC held its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) during the second quarter, Holdings Channel reports. The institutional investor owned 6,045 shares of the oil and gas exploration company’s stock at the end of the second quarter. Abbrea Capital LLC’s holdings in TotalFinaElf, were worth $300,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. BlackRock Inc. raised its stake in shares of TotalFinaElf, by 762,513.6% in the first quarter. BlackRock Inc. now owns 12,575,498 shares of the oil and gas exploration company’s stock worth $634,057,000 after buying an additional 12,573,849 shares in the last quarter. Epoch Investment Partners Inc. raised its stake in shares of TotalFinaElf, by 5,258.7% in the first quarter. Epoch Investment Partners Inc. now owns 1,038,040 shares of the oil and gas exploration company’s stock worth $52,338,000 after buying an additional 1,018,669 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of TotalFinaElf, by 15.2% in the first quarter. Wells Fargo & Company MN now owns 6,682,805 shares of the oil and gas exploration company’s stock worth $336,947,000 after buying an additional 884,137 shares in the last quarter. Bank of America Corp DE raised its stake in shares of TotalFinaElf, by 8.2% in the first quarter. Bank of America Corp DE now owns 11,558,053 shares of the oil and gas exploration company’s stock worth $582,759,000 after buying an additional 871,051 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in shares of TotalFinaElf, during the first quarter worth $41,274,000. 6.14% of the stock is currently owned by institutional investors.

Shares of TotalFinaElf, S.A. (TOT) opened at 50.40 on Friday. The stock’s 50 day moving average is $50.08 and its 200-day moving average is $50.80. The firm has a market capitalization of $125.54 billion, a P/E ratio of 17.38 and a beta of 0.76. TotalFinaElf, S.A. has a 52-week low of $45.05 and a 52-week high of $54.71.

TotalFinaElf, (NYSE:TOT) last issued its quarterly earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by $0.01. The firm had revenue of $39.92 billion during the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. On average, equities analysts forecast that TotalFinaElf, S.A. will post $3.95 earnings per share for the current fiscal year.

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TOT has been the topic of a number of analyst reports. Simmons lifted their price objective on TotalFinaElf, from $53.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, April 19th. TheStreet raised TotalFinaElf, from a “c” rating to a “b” rating in a report on Thursday, April 27th. Canaccord Genuity raised TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Friday, July 21st. ValuEngine lowered TotalFinaElf, from a “buy” rating to a “hold” rating in a report on Thursday, May 18th. Finally, Scotiabank reaffirmed a “hold” rating and issued a $54.00 price objective on shares of TotalFinaElf, in a report on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. TotalFinaElf, has a consensus rating of “Hold” and an average target price of $53.75.

About TotalFinaElf,

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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Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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