Total SA (NYSE:TOT) Short Interest Update

Total SA (NYSE:TOT) was the target of a large drop in short interest in the month of December. As of December 29th, there was short interest totalling 2,446,290 shares, a drop of 67.9% from the December 15th total of 7,611,287 shares. Based on an average trading volume of 1,186,923 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.1% of the company’s stock are sold short.

Several hedge funds have recently modified their holdings of the company. First Republic Investment Management Inc. lifted its holdings in shares of Total by 19.2% in the 4th quarter. First Republic Investment Management Inc. now owns 74,346 shares of the oil and gas exploration company’s stock valued at $4,109,000 after buying an additional 11,977 shares during the period. Suntrust Banks Inc. lifted its holdings in shares of Total by 3.8% in the 4th quarter. Suntrust Banks Inc. now owns 517,641 shares of the oil and gas exploration company’s stock valued at $28,614,000 after buying an additional 19,154 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Total by 54.6% in the 4th quarter. Baird Financial Group Inc. now owns 129,851 shares of the oil and gas exploration company’s stock valued at $7,178,000 after buying an additional 45,844 shares during the period. FDx Advisors Inc. lifted its holdings in shares of Total by 13.7% in the 4th quarter. FDx Advisors Inc. now owns 112,976 shares of the oil and gas exploration company’s stock valued at $6,245,000 after buying an additional 13,592 shares during the period. Finally, Synovus Financial Corp lifted its holdings in shares of Total by 4.7% in the 4th quarter. Synovus Financial Corp now owns 42,829 shares of the oil and gas exploration company’s stock valued at $2,366,000 after buying an additional 1,906 shares during the period. 5.43% of the stock is owned by institutional investors and hedge funds.

Total (NYSE:TOT) traded up $0.38 during trading on Friday, reaching $55.00. The company’s stock had a trading volume of 2,100,269 shares, compared to its average volume of 1,900,000. The company has a current ratio of 1.47, a quick ratio of 1.18 and a debt-to-equity ratio of 0.36. The stock has a market cap of $138,830.00, a P/E ratio of 16.42, a PEG ratio of 1.43 and a beta of 0.79. Total has a twelve month low of $48.15 and a twelve month high of $59.57.

Total (NYSE:TOT) last posted its quarterly earnings results on Thursday, February 8th. The oil and gas exploration company reported $1.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.04. The business had revenue of $47.35 billion for the quarter. Total had a return on equity of 9.64% and a net margin of 5.03%. analysts expect that Total will post 4.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Monday, December 18th were issued a $0.734 dividend. The ex-dividend date was Friday, December 15th. This represents a $2.94 annualized dividend and a dividend yield of 5.34%. Total’s dividend payout ratio (DPR) is presently 33.73%.

A number of research analysts have recently issued reports on the company. Goldman Sachs Group reiterated a “buy” rating on shares of Total in a report on Monday, December 11th. Zacks Investment Research upgraded Total from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Saturday, January 20th. Piper Jaffray Companies reiterated a “hold” rating and issued a $53.00 price target on shares of Total in a report on Thursday, October 19th. Canaccord Genuity restated a “buy” rating and set a $19.00 target price on shares of Total in a research note on Tuesday, January 16th. Finally, JPMorgan Chase & Co. downgraded Total from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $51.22.

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About Total

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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