Summit Wealth & Retirement Planning Inc. purchased a new stake in shares of Total SA (NYSE:TOT) in the first quarter, Holdings Channel reports. The firm purchased 14,757 shares of the oil and gas exploration company’s stock, valued at approximately $821,000.

Other hedge funds have also made changes to their positions in the company. HighPoint Advisor Group LLC boosted its holdings in shares of Total by 10.8% in the 1st quarter. HighPoint Advisor Group LLC now owns 4,876 shares of the oil and gas exploration company’s stock worth $255,000 after buying an additional 477 shares during the last quarter. Todd Asset Management LLC lifted its holdings in Total by 0.8% during the first quarter. Todd Asset Management LLC now owns 1,432,023 shares of the oil and gas exploration company’s stock valued at $79,692,000 after purchasing an additional 11,241 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in Total during the first quarter valued at about $17,719,000. Garrison Point Advisors LLC lifted its holdings in Total by 4.8% during the first quarter. Garrison Point Advisors LLC now owns 8,995 shares of the oil and gas exploration company’s stock valued at $501,000 after purchasing an additional 412 shares during the last quarter. Finally, 9258 Wealth Management LLC purchased a new stake in Total during the first quarter valued at about $221,000. Institutional investors and hedge funds own 6.23% of the company’s stock.

Several research firms have commented on TOT. ValuEngine raised shares of Total from a “sell” rating to a “hold” rating in a report on Monday. Zacks Investment Research downgraded shares of Total from a “buy” rating to a “hold” rating in a report on Saturday, May 11th. Deutsche Bank reaffirmed a “buy” rating on shares of Total in a report on Tuesday, April 9th. HSBC reaffirmed a “buy” rating and set a $58.50 price objective on shares of Total in a report on Wednesday, May 8th. Finally, Royal Bank of Canada raised shares of Total from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 26th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $51.10.

Shares of Total stock traded down $0.60 on Wednesday, reaching $54.46. The stock had a trading volume of 31,808 shares, compared to its average volume of 1,577,475. Total SA has a 1 year low of $49.70 and a 1 year high of $65.69. The company has a market cap of $137.34 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 1.09 and a beta of 0.63. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37.

Total (NYSE:TOT) last announced its quarterly earnings results on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.09). Total had a return on equity of 11.21% and a net margin of 5.65%. The firm had revenue of $51.21 billion during the quarter. On average, sell-side analysts predict that Total SA will post 5.37 earnings per share for the current year.

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Total Profile

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