TotalFinaElf, S.A. (TOT) is Seminole Management Co. Inc.’s 5th Largest Position
Seminole Management Co. Inc. lifted its position in TotalFinaElf, S.A. (NYSE:TOT) by 17.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 809,682 shares of the oil and gas exploration company’s stock after purchasing an additional 117,400 shares during the quarter. TotalFinaElf, comprises about 9.3% of Seminole Management Co. Inc.’s holdings, making the stock its 5th biggest holding. Seminole Management Co. Inc.’s holdings in TotalFinaElf, were worth $43,334,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. lifted its position in TotalFinaElf, by 11.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock valued at $127,000 after buying an additional 257 shares during the last quarter. NEXT Financial Group Inc lifted its position in TotalFinaElf, by 30.1% in the second quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock valued at $128,000 after buying an additional 600 shares during the last quarter. Grove Bank & Trust lifted its position in TotalFinaElf, by 243.2% in the second quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock valued at $139,000 after buying an additional 1,982 shares during the last quarter. First Interstate Bank lifted its position in TotalFinaElf, by 1.8% in the second quarter. First Interstate Bank now owns 2,810 shares of the oil and gas exploration company’s stock valued at $139,000 after buying an additional 50 shares during the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new position in TotalFinaElf, in the second quarter valued at about $149,000. 5.30% of the stock is owned by hedge funds and other institutional investors.
A number of research analysts have commented on TOT shares. Cowen and Company reaffirmed a “buy” rating and issued a $58.00 target price on shares of TotalFinaElf, in a research report on Tuesday, September 19th. Scotiabank set a $54.00 target price on shares of TotalFinaElf, and gave the company a “hold” rating in a research report on Tuesday, August 22nd. BidaskClub raised shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Societe Generale reaffirmed a “buy” rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. Finally, Canaccord Genuity raised shares of 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, six have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $55.40.
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Shares of TotalFinaElf, S.A. (NYSE:TOT) traded up 0.56% during mid-day trading on Tuesday, hitting $55.82. 851,929 shares of the stock traded hands. TotalFinaElf, S.A. has a one year low of $45.05 and a one year high of $55.85. The company has a market cap of $139.04 billion, a P/E ratio of 19.25 and a beta of 0.75. The stock has a 50 day moving average price of $53.92 and a 200-day moving average price of $51.83.
TotalFinaElf, (NYSE:TOT) last issued its earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.03). TotalFinaElf, had a return on equity of 9.53% and a net margin of 4.90%. The firm had revenue of $43.04 billion for the quarter. On average, analysts forecast that TotalFinaElf, S.A. will post $3.98 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd were issued a dividend of $0.7416 per share. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.34%. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is presently 73.58%.
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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