Wittenberg Investment Management Inc. held its position in TotalFinaElf, S.A. (NYSE:TOT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,300 shares of the oil and gas exploration company’s stock at the close of the second quarter. Wittenberg Investment Management Inc.’s holdings in TotalFinaElf, were worth $213,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the stock. BlackRock Inc. grew its holdings in TotalFinaElf, by 762,513.6% during the first quarter. BlackRock Inc. now owns 12,575,498 shares of the oil and gas exploration company’s stock worth $634,057,000 after purchasing an additional 12,573,849 shares during the period. Bank of America Corp DE boosted its holdings in shares of TotalFinaElf, by 8.2% during the first quarter. Bank of America Corp DE now owns 11,558,053 shares of the oil and gas exploration company’s stock worth $582,759,000 after acquiring an additional 871,051 shares during the period. Sound Shore Management Inc. CT boosted its holdings in shares of TotalFinaElf, by 20.7% during the second quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock worth $191,968,000 after acquiring an additional 663,620 shares during the period. Federated Investors Inc. PA boosted its holdings in shares of TotalFinaElf, by 19.4% during the second quarter. Federated Investors Inc. PA now owns 3,263,793 shares of the oil and gas exploration company’s stock worth $161,851,000 after acquiring an additional 529,941 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of TotalFinaElf, by 12.0% during the second quarter. Ameriprise Financial Inc. now owns 1,480,198 shares of the oil and gas exploration company’s stock worth $73,405,000 after acquiring an additional 158,455 shares during the period. Institutional investors and hedge funds own 5.41% of the company’s stock.
Shares of TotalFinaElf, S.A. (NYSE TOT) traded up 0.86% during midday trading on Friday, hitting $53.86. The company had a trading volume of 1,377,159 shares. The company’s 50-day moving average price is $51.65 and its 200 day moving average price is $51.00. The company has a market capitalization of $134.16 billion, a price-to-earnings ratio of 18.57 and a beta of 0.74. TotalFinaElf, S.A. has a 12-month low of $45.05 and a 12-month high of $54.71.
TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by ($0.01). The business had revenue of $39.92 billion during the quarter. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. Equities research analysts predict that TotalFinaElf, S.A. will post $3.85 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Investors of record on Friday, September 22nd will be issued a $0.7416 dividend. The ex-dividend date of this dividend is Thursday, September 21st. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. This represents a $2.97 annualized dividend and a yield of 5.51%. TotalFinaElf,’s dividend payout ratio (DPR) is 80.41%.
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TOT has been the subject of a number of research analyst reports. Societe Generale restated a “buy” rating on shares of TotalFinaElf, in a report on Wednesday, July 26th. ValuEngine upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Canaccord Genuity upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a report on Friday, July 21st. Barclays PLC cut TotalFinaElf, from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $50.30 to $57.00 in a report on Monday, August 21st. Finally, Scotiabank set a $52.00 price objective on TotalFinaElf, and gave the stock a “hold” rating in a report on Saturday, July 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. TotalFinaElf, has a consensus rating of “Hold” and an average target price of $54.80.
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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