Alpha Cubed Investments LLC Decreases Stake in Total SA (TOT)

Alpha Cubed Investments LLC Decreases Stake in Total SA (TOT)

Alpha Cubed Investments LLC cut its position in shares of Total SA (NYSE:TOT) by 1.7% during the first quarter, Holdings Channel reports. The fund owned 128,706 shares of the oil and gas exploration company’s stock after selling 2,265 shares during the period. Total SA makes up approximately 1.3% of Alpha Cubed Investments LLC’s holdings, making the stock its 26th largest position. Alpha Cubed Investments LLC’s holdings in Total SA were worth $6,489,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TOT. Price T Rowe Associates Inc. MD raised its stake in Total SA by 23.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 24,429,114 shares of the oil and gas exploration company’s stock worth $1,165,269,000 after buying an additional 4,683,618 shares during the last quarter. Wells Fargo & Company MN raised its stake in Total SA 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 during the last quarter. PNC Financial Services Group Inc. raised its stake in Total SA by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 3,864,941 shares of the oil and gas exploration company’s stock worth $184,359,000 after buying an additional 13,964 shares during the last quarter. Institutional Capital LLC acquired a new stake in Total SA during the fourth quarter worth about $195,149,000. Finally, Morgan Stanley raised its stake in Total SA by 25.8% in the third quarter. Morgan Stanley now owns 2,976,613 shares of the oil and gas exploration company’s stock worth $141,985,000 after buying an additional 610,698 shares during the last quarter. Institutional investors own 6.74% of the company’s stock.

Total SA (NYSE:TOT) traded up 2.60% during midday trading on Friday, reaching $52.83. The company’s stock had a trading volume of 2,751,161 shares. Total SA has a 52 week low of $44.06 and a 52 week high of $52.87. The firm has a market cap of $129.08 billion, a P/E ratio of 17.66 and a beta of 0.86. The firm has a 50 day moving average price of $50.80 and a 200-day moving average price of $49.74.

Total SA (NYSE:TOT) last announced its earnings results on Thursday, April 27th. The oil and gas exploration company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.06. Total SA had a net margin of 4.14% and a return on equity of 8.25%. The firm had revenue of $41.18 billion for the quarter. On average, analysts forecast that Total SA will post $4.35 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 13th. Shareholders of record on Friday, March 17th were given a dividend of $0.543 per share. The ex-dividend date of this dividend was Wednesday, March 15th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 4.11%. Total SA’s payout ratio is presently 87.70%.

TOT has been the subject of a number of research analyst reports. Simmons increased their target price on Total SA from $53.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, April 19th. Deutsche Bank AG upgraded Total SA from a “hold” rating to a “buy” rating in a report on Monday, February 6th. TheStreet upgraded Total SA from a “c” rating to a “b” rating in a report on Thursday, April 27th. Morgan Stanley reiterated a “neutral” rating on shares of Total SA in a report on Thursday, April 13th. Finally, Zacks Investment Research lowered Total SA from a “buy” rating to a “hold” rating in a report on Saturday, February 18th. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $54.00.

Total SA Company 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.

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