Toronto Dominion Bank Grows Stock Position in Total SA (NYSE:TOT)

Toronto Dominion Bank increased its holdings in Total SA (NYSE:TOT) by 321.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,586 shares of the oil and gas exploration company’s stock after buying an additional 6,551 shares during the period. Toronto Dominion Bank’s holdings in Total were worth $479,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TOT. Weaver Consulting Group acquired a new position in Total in the 1st quarter valued at about $26,000. Motco raised its stake in Total by 170.4% in the 2nd quarter. Motco now owns 538 shares of the oil and gas exploration company’s stock valued at $30,000 after purchasing an additional 339 shares during the last quarter. Personal Wealth Partners acquired a new position in Total in the 2nd quarter valued at about $30,000. Manchester Capital Management LLC acquired a new position in Total in the 2nd quarter valued at about $33,000. Finally, Citizens Financial Group Inc RI raised its stake in Total by 32.6% in the 2nd quarter. Citizens Financial Group Inc RI now owns 947 shares of the oil and gas exploration company’s stock valued at $53,000 after purchasing an additional 233 shares during the last quarter. Institutional investors and hedge funds own 5.96% of the company’s stock.

Several brokerages recently weighed in on TOT. HSBC reissued a “buy” rating and issued a $58.50 target price on shares of Total in a research note on Thursday, May 23rd. Citigroup downgraded shares of Total from a “buy” rating to a “neutral” rating in a research note on Thursday, August 22nd. BMO Capital Markets began coverage on shares of Total in a research note on Tuesday, August 20th. They set a “market perform” rating for the company. Morgan Stanley downgraded shares of Total from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 31st. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $58.00 price objective on shares of Total in a research note on Monday, July 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.71.



TOT traded up $0.32 on Thursday, reaching $53.15. 733,755 shares of the company’s stock were exchanged, compared to its average volume of 1,409,797. The company’s 50 day moving average is $49.83 and its 200-day moving average is $53.86. The company has a market cap of $140.39 billion, a price-to-earnings ratio of 10.52, a PEG ratio of 1.43 and a beta of 0.68. Total SA has a twelve month low of $47.70 and a twelve month high of $65.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.00 and a current ratio of 1.25.

Total (NYSE:TOT) last posted its earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.18). The business had revenue of $51.24 billion for the quarter. Total had a return on equity of 10.68% and a net margin of 5.23%. Sell-side analysts forecast that Total SA will post 4.73 EPS for the current year.

About Total

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.

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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