Total SA (TOT) Stake Lessened by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC reduced its position in shares of Total SA (NYSE:TOT) by 7.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,725 shares of the oil and gas exploration company’s stock after selling 305 shares during the quarter. Plimoth Trust Co. LLC’s holdings in Total were worth $207,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Total during the 1st quarter worth about $25,000. Sound Income Strategies LLC raised its position in shares of Total by 11,725.0% during the 4th quarter. Sound Income Strategies LLC now owns 473 shares of the oil and gas exploration company’s stock worth $25,000 after purchasing an additional 469 shares during the last quarter. Essex Savings Bank acquired a new position in shares of Total during the 4th quarter worth about $27,000. Berman Capital Advisors LLC acquired a new position in shares of Total during the 4th quarter worth about $32,000. Finally, Acima Private Wealth LLC acquired a new position in shares of Total during the 4th quarter worth about $35,000. 6.14% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently weighed in on TOT. Deutsche Bank restated a “buy” rating on shares of Total in a research report on Thursday, March 7th. Royal Bank of Canada upgraded shares of Total from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 26th. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a research report on Monday, April 15th. GMP Securities restated a “buy” rating and set a $16.00 price target on shares of Total in a research report on Tuesday, January 8th. Finally, Cowen began coverage on shares of Total in a research report on Thursday, January 31st. They set an “outperform” rating for the company. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $44.33.

TOT stock opened at $56.73 on Friday. The stock has a market capitalization of $141.51 billion, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of 1.10 and a beta of 0.64. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.28 and a quick ratio of 1.04. Total SA has a 12 month low of $49.70 and a 12 month high of $65.69.

Total (NYSE:TOT) last released its quarterly earnings data on Thursday, February 7th. The oil and gas exploration company reported $1.17 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.17. The company had revenue of $52.50 billion during the quarter. Total had a net margin of 5.47% and a return on equity of 11.24%. On average, sell-side analysts expect that Total SA will post 5.29 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Monday, March 18th were issued a $0.7237 dividend. The ex-dividend date was Friday, March 15th. This represents a $2.89 dividend on an annualized basis and a yield of 5.10%. Total’s payout ratio is 46.93%.

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Total Profile

TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the 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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