Nationwide Fund Advisors Cuts Holdings in TotalFinaElf, S.A. (TOT)

Nationwide Fund Advisors lowered its position in shares of TotalFinaElf, S.A. (NYSE:TOT) by 11.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,236 shares of the oil and gas exploration company’s stock after selling 8,340 shares during the quarter. Nationwide Fund Advisors’ holdings in TotalFinaElf, were worth $3,185,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Comerica Securities Inc. raised its stake in TotalFinaElf, by 51.5% during the second quarter. Comerica Securities Inc. now owns 7,302 shares of the oil and gas exploration company’s stock valued at $362,000 after buying an additional 2,481 shares in the last quarter. Ameriprise Financial Inc. raised its stake in 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 valued at $73,405,000 after buying an additional 158,455 shares in the last quarter. Buckingham Capital Management Inc. raised its stake in TotalFinaElf, by 1.8% during the second quarter. Buckingham Capital Management Inc. now owns 22,566 shares of the oil and gas exploration company’s stock valued at $1,119,000 after buying an additional 392 shares in the last quarter. Raymond James Trust N.A. raised its stake in TotalFinaElf, by 11.0% during the second quarter. Raymond James Trust N.A. now owns 85,789 shares of the oil and gas exploration company’s stock valued at $4,254,000 after buying an additional 8,507 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in TotalFinaElf, by 50.7% during the second quarter. Stephens Inc. AR now owns 141,609 shares of the oil and gas exploration company’s stock valued at $7,022,000 after buying an additional 47,660 shares in the last quarter. Hedge funds and other institutional investors own 5.41% of the company’s stock.

Several analysts have issued reports on TOT shares. Societe Generale restated a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. ValuEngine upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Canaccord Genuity upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. Cowen and Company reiterated a “buy” rating and set a $58.00 price target on shares of TotalFinaElf, in a research report on Tuesday, September 19th. Finally, Barclays PLC cut TotalFinaElf, from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $56.00.

Shares of TotalFinaElf, S.A. (NYSE:TOT) opened at 53.91 on Wednesday. The stock’s 50 day moving average price is $53.03 and its 200-day moving average price is $51.48. TotalFinaElf, S.A. has a 12 month low of $45.05 and a 12 month high of $55.04. The firm has a market capitalization of $134.29 billion, a PE ratio of 18.59 and a beta of 0.75.

TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.01). The company had revenue of $39.92 billion for the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. On average, equities analysts anticipate that TotalFinaElf, S.A. will post $3.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd will be issued a dividend of $0.7416 per share. This represents a $2.97 dividend on an annualized basis and a yield of 5.50%. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date is Thursday, September 21st. TotalFinaElf,’s payout ratio is presently 80.41%.

ILLEGAL ACTIVITY WARNING: “Nationwide Fund Advisors Cuts Holding

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Comerica Securities Inc. raised its stake in TotalFinaElf, by 51.5% during the second quarter. Comerica Securities Inc. now owns 7,302 shares of the oil and gas exploration company’s stock valued at $362,000 after buying an additional 2,481 shares in the last quarter. Ameriprise Financial Inc. raised its stake in 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 valued at $73,405,000 after buying an additional 158,455 shares in the last quarter. Buckingham Capital Management Inc. raised its stake in TotalFinaElf, by 1.8% during the second quarter. Buckingham Capital Management Inc. now owns 22,566 shares of the oil and gas exploration company’s stock valued at $1,119,000 after buying an additional 392 shares in the last quarter. Raymond James Trust N.A. raised its stake in TotalFinaElf, by 11.0% during the second quarter. Raymond James Trust N.A. now owns 85,789 shares of the oil and gas exploration company’s stock valued at $4,254,000 after buying an additional 8,507 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in TotalFinaElf, by 50.7% during the second quarter. Stephens Inc. AR now owns 141,609 shares of the oil and gas exploration company’s stock valued at $7,022,000 after buying an additional 47,660 shares in the last quarter. Hedge funds and other institutional investors own 5.41% of the company’s stock.

Several analysts have issued reports on TOT shares. Societe Generale restated a “buy” rating on shares of TotalFinaElf, in a research note on Wednesday, July 26th. ValuEngine upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Canaccord Genuity upgraded TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. Cowen and Company reiterated a “buy” rating and set a $58.00 price target on shares of TotalFinaElf, in a research report on Tuesday, September 19th. Finally, Barclays PLC cut TotalFinaElf, from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $56.00.

Shares of TotalFinaElf, S.A. (NYSE:TOT) opened at 53.91 on Wednesday. The stock’s 50 day moving average price is $53.03 and its 200-day moving average price is $51.48. TotalFinaElf, S.A. has a 12 month low of $45.05 and a 12 month high of $55.04. The firm has a market capitalization of $134.29 billion, a PE ratio of 18.59 and a beta of 0.75.

TotalFinaElf, (NYSE:TOT) last released its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.01). The company had revenue of $39.92 billion for the quarter. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. On average, equities analysts anticipate that TotalFinaElf, S.A. will post $3.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd will be issued a dividend of $0.7416 per share. This represents a $2.97 dividend on an annualized basis and a yield of 5.50%. This is an increase from TotalFinaElf,’s previous quarterly dividend of $0.69. The ex-dividend date is Thursday, September 21st. TotalFinaElf,’s payout ratio is presently 80.41%.

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TotalFinaElf, Company Profile

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.

Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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