TotalFinaElf, S.A. (TOT) Shares Bought by Stephens Inc. AR

Stephens Inc. AR lifted its holdings in shares of TotalFinaElf, S.A. (NYSE:TOT) by 50.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 141,609 shares of the oil and gas exploration company’s stock after acquiring an additional 47,660 shares during the period. Stephens Inc. AR’s holdings in TotalFinaElf, were worth $7,022,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. boosted its position in TotalFinaElf, by 762,513.6% in the first quarter. BlackRock Inc. now owns 12,575,498 shares of the oil and gas exploration company’s stock valued at $634,057,000 after buying an additional 12,573,849 shares during the last quarter. Bank of America Corp DE boosted its position in TotalFinaElf, by 8.2% in the first quarter. Bank of America Corp DE now owns 11,558,053 shares of the oil and gas exploration company’s stock valued at $582,759,000 after buying an additional 871,051 shares during the last quarter. Sound Shore Management Inc. CT boosted its position in TotalFinaElf, by 20.7% in the second quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock valued at $191,968,000 after buying an additional 663,620 shares during the last quarter. Federated Investors Inc. PA boosted its position in TotalFinaElf, by 19.4% in the second quarter. Federated Investors Inc. PA now owns 3,263,793 shares of the oil and gas exploration company’s stock valued at $161,851,000 after buying an additional 529,941 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its position in TotalFinaElf, by 2.2% in the second quarter. Eagle Asset Management Inc. now owns 1,472,468 shares of the oil and gas exploration company’s stock valued at $73,019,000 after buying an additional 31,880 shares during the last quarter. Institutional investors and hedge funds own 5.41% of the company’s stock.

A number of brokerages recently commented on TOT. Scotiabank reiterated a “hold” rating and issued a $54.00 target price on shares of TotalFinaElf, in a research report on Wednesday, May 17th. ValuEngine upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. BidaskClub lowered TotalFinaElf, from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 24th. Howard Weil lowered TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, May 17th. Finally, Canaccord Genuity upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. TotalFinaElf, presently has an average rating of “Hold” and a consensus target price of $54.80.

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Shares of TotalFinaElf, S.A. (NYSE:TOT) traded up 0.68% during mid-day trading on Monday, reaching $53.18. The company’s stock had a trading volume of 247,107 shares. The company’s 50-day moving average is $51.20 and its 200 day moving average is $50.91. The firm has a market capitalization of $132.47 billion, a P/E ratio of 18.34 and a beta of 0.74. TotalFinaElf, S.A. has a 1-year low of $45.05 and a 1-year high of $54.71.

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

About TotalFinaElf,

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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