Suntrust Banks Inc. raised its holdings in shares of TotalFinaElf, S.A. (NYSE:TOT) by 27.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 485,677 shares of the oil and gas exploration company’s stock after buying an additional 103,809 shares during the period. Suntrust Banks Inc.’s holdings in TotalFinaElf, were worth $24,083,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TOT. IHT Wealth Management LLC lifted its position in TotalFinaElf, by 4.4% during the first quarter. IHT Wealth Management LLC now owns 2,080 shares of the oil and gas exploration company’s stock valued at $106,000 after buying an additional 87 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in shares of TotalFinaElf, by 30.5% during the first quarter. SRS Capital Advisors Inc. now owns 2,347 shares of the oil and gas exploration company’s stock valued at $118,000 after purchasing an additional 548 shares during the period. Benjamin F. Edwards & Company Inc. raised its stake in shares of TotalFinaElf, by 11.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock valued at $127,000 after purchasing an additional 257 shares during the period. NEXT Financial Group Inc raised its stake in shares of TotalFinaElf, by 30.1% during the second quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock valued at $128,000 after purchasing an additional 600 shares during the period. Finally, Grove Bank & Trust raised its stake in shares of TotalFinaElf, by 243.2% during the second quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock valued at $139,000 after purchasing an additional 1,982 shares during the period. 5.41% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on TOT shares. BidaskClub lowered shares of TotalFinaElf, from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Scotiabank set a $52.00 price objective on shares of TotalFinaElf, and gave the company a “hold” rating in a research note on Saturday, July 1st. Canaccord Genuity upgraded shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Friday, July 21st. ValuEngine upgraded shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Societe Generale reiterated a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $55.33.

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Shares of TotalFinaElf, S.A. (NYSE:TOT) traded up 0.195% during mid-day trading on Friday, hitting $54.015. 637,313 shares of the company were exchanged. The stock’s 50-day moving average price is $51.84 and its 200 day moving average price is $51.06. TotalFinaElf, S.A. has a 12-month low of $45.05 and a 12-month high of $54.71. The stock has a market cap of $134.55 billion, a PE ratio of 18.626 and a beta of 0.74.

TotalFinaElf, (NYSE:TOT) last posted its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.01). TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. The business had revenue of $39.92 billion during the quarter. On average, equities analysts anticipate that TotalFinaElf, S.A. will post $3.85 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd will be given a $0.7416 dividend. This represents a $2.97 annualized dividend and a dividend yield of 5.50%. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Thursday, September 21st. TotalFinaElf,’s dividend payout ratio is currently 80.41%.

TotalFinaElf, Profile

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.

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

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