Allred Capital Management LLC Buys New Stake in Total SA (TOT)

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Allred Capital Management LLC bought a new position in Total SA (NYSE:TOT) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,140 shares of the oil and gas exploration company’s stock, valued at approximately $232,000.

Other large investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC lifted its position in Total by 12,972.5% in the 4th quarter. Gradient Investments LLC now owns 34,250 shares of the oil and gas exploration company’s stock worth $1,787,000 after buying an additional 33,988 shares during the last quarter. Tower View Investment Management & Research LLC lifted its position in Total by 2.6% in the first quarter. Tower View Investment Management & Research LLC now owns 49,045 shares of the oil and gas exploration company’s stock valued at $2,729,000 after purchasing an additional 1,225 shares during the last quarter. Banco Santander S.A. lifted its position in Total by 53.4% in the fourth quarter. Banco Santander S.A. now owns 68,553 shares of the oil and gas exploration company’s stock valued at $3,577,000 after purchasing an additional 23,865 shares during the last quarter. Andesa Financial Management Inc. bought a new stake in Total in the fourth quarter valued at approximately $352,000. Finally, Sigma Planning Corp lifted its position in Total by 5.4% in the fourth quarter. Sigma Planning Corp now owns 8,288 shares of the oil and gas exploration company’s stock valued at $432,000 after purchasing an additional 425 shares during the last quarter. Institutional investors own 6.14% of the company’s stock.

Shares of TOT stock opened at $55.68 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.28 and a debt-to-equity ratio of 0.34. Total SA has a fifty-two week low of $49.70 and a fifty-two week high of $65.69. The company has a market capitalization of $140.53 billion, a price-to-earnings ratio of 11.03, a P/E/G ratio of 1.10 and a beta of 0.64.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Monday, March 18th were issued a dividend of $0.7237 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $2.89 dividend on an annualized basis and a dividend yield of 5.20%. Total’s dividend payout ratio is presently 46.93%.

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

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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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