Schnieders Capital Management LLC increased its stake in shares of Total SA (NYSE:TOT) by 11.3% during the first quarter, Holdings Channel reports. The firm owned 6,044 shares of the oil and gas exploration company’s stock after buying an additional 616 shares during the period. Schnieders Capital Management LLC’s holdings in Total SA were worth $305,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted 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. Institutional Capital LLC acquired a new stake in Total SA during the fourth quarter worth $195,149,000. Todd Asset Management LLC boosted its stake in Total SA by 5,403.1% in the third quarter. Todd Asset Management LLC now owns 1,164,291 shares of the oil and gas exploration company’s stock worth $55,537,000 after buying an additional 1,143,134 shares during the last quarter. Wells Fargo & Company MN boosted 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. Finally, Federated Investors Inc. PA boosted its stake in Total SA by 166.1% in the fourth quarter. Federated Investors Inc. PA now owns 1,345,379 shares of the oil and gas exploration company’s stock worth $68,574,000 after buying an additional 839,819 shares during the last quarter. 6.74% of the stock is currently owned by institutional investors and hedge funds.
Shares of Total SA (NYSE:TOT) traded up 1.48% during mid-day trading on Friday, reaching $54.30. The company’s stock had a trading volume of 2,177,904 shares. Total SA has a 52 week low of $44.06 and a 52 week high of $54.34. The stock has a market capitalization of $132.67 billion, a price-to-earnings ratio of 18.22 and a beta of 0.86. The company’s 50-day moving average is $51.52 and its 200-day moving average is $50.02.
Total SA (NYSE:TOT) last posted its earnings results on Thursday, April 27th. The oil and gas exploration company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.95 by $0.06. The firm had revenue of $41.18 billion for the quarter. Total SA had a return on equity of 8.25% and a net margin of 4.14%. Equities analysts predict that Total SA will post $4.13 EPS for the current year.
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A number of research firms have recently weighed in on TOT. ValuEngine cut Total SA from a “buy” rating to a “hold” rating in a research report on Thursday. Howard Weil cut Total SA from an “outperform” rating to a “sector perform” rating in a research report on Wednesday. Scotiabank reissued a “hold” rating and issued a $54.00 price objective on shares of Total SA in a research report on Wednesday. TheStreet raised Total SA from a “c” rating to a “b” rating in a research report on Thursday, April 27th. Finally, Simmons raised their price objective on Total SA from $53.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 19th. Eleven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $54.25.
About Total SA
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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