Foster & Motley Inc. cut its stake in Total SA (NYSE:TOT) by 7.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 150,088 shares of the oil and gas exploration company’s stock after selling 11,484 shares during the quarter. Total comprises approximately 1.2% of Foster & Motley Inc.’s holdings, making the stock its 20th largest holding. Foster & Motley Inc.’s holdings in Total were worth $8,352,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Total in the first quarter valued at about $25,000. Essex Savings Bank purchased a new position in Total in the fourth quarter valued at about $27,000. Financial Gravity Wealth Inc. purchased a new position in Total in the first quarter valued at about $30,000. Enterprise Financial Services Corp grew its stake in Total by 65.0% in the first quarter. Enterprise Financial Services Corp now owns 571 shares of the oil and gas exploration company’s stock valued at $32,000 after purchasing an additional 225 shares during the last quarter. Finally, Camarda Financial Advisors LLC grew its stake in Total by 1,212.8% in the first quarter. Camarda Financial Advisors LLC now owns 617 shares of the oil and gas exploration company’s stock valued at $34,000 after purchasing an additional 570 shares during the last quarter. Institutional investors own 6.23% of the company’s stock.
TOT opened at $54.86 on Monday. Total SA has a 12-month low of $49.70 and a 12-month high of $65.69. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The stock has a market cap of $136.84 billion, a P/E ratio of 10.86, a PEG ratio of 1.09 and a beta of 0.63.
Several research firms have issued reports on TOT. Zacks Investment Research lowered Total from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th. HSBC reiterated a “buy” rating and issued a $58.50 target price on shares of Total in a research note on Wednesday, May 8th. Citigroup lowered Total from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 7th. Goldman Sachs Group reiterated a “buy” rating and issued a $68.00 target price on shares of Total in a research note on Friday, April 26th. Finally, ValuEngine lowered Total from a “hold” rating to a “sell” rating in a research note on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company. Total presently has a consensus rating of “Buy” and a consensus target price of $51.10.
Total Company Profile
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.
Read More: Diversification in Investing
Want to see what other hedge funds are holding TOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Total SA (NYSE:TOT).
Receive News & Ratings for Total Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total and related companies with MarketBeat.com's FREE daily email newsletter.