Deutsche Bank downgraded shares of Total (NYSE:TOT) from a buy rating to a hold rating in a report released on Wednesday morning, MarketBeat.com reports.
A number of other equities research analysts have also recently weighed in on TOT. Scotiabank reaffirmed a hold rating and issued a $62.00 price objective on shares of Total in a research note on Thursday, December 21st. Canaccord Genuity reaffirmed a buy rating and issued a $19.00 price objective on shares of Total in a research note on Tuesday, January 16th. Zacks Investment Research raised Total from a hold rating to a buy rating and set a $65.00 price objective for the company in a research note on Saturday, January 20th. Cowen reaffirmed an outperform rating and issued a $64.00 price objective (up from $58.00) on shares of Total in a research note on Thursday, February 8th. Finally, Sanford C. Bernstein raised Total from a market perform rating to an outperform rating and set a $66.00 price objective for the company in a research note on Friday, February 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. Total currently has a consensus rating of Buy and an average target price of $51.78.
Shares of NYSE TOT opened at $60.01 on Wednesday. Total has a twelve month low of $48.15 and a twelve month high of $60.81. The company has a quick ratio of 1.21, a current ratio of 1.50 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $150,410.88, a PE ratio of 14.57, a PEG ratio of 1.56 and a beta of 0.77.
Total (NYSE:TOT) last issued its quarterly earnings data on Thursday, February 8th. The oil and gas exploration company reported $1.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.04. Total had a return on equity of 9.55% and a net margin of 5.03%. The business had revenue of $47.35 billion during the quarter. research analysts anticipate that Total will post 4.84 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 16th will be issued a $0.7637 dividend. The ex-dividend date is Thursday, March 15th. This is a positive change from Total’s previous quarterly dividend of $0.73. This represents a $3.05 dividend on an annualized basis and a yield of 5.09%. Total’s dividend payout ratio (DPR) is 62.14%.
A number of large investors have recently added to or reduced their stakes in TOT. Nationwide Fund Advisors boosted its holdings in Total by 12.3% in the third quarter. Nationwide Fund Advisors now owns 72,106 shares of the oil and gas exploration company’s stock valued at $3,859,000 after purchasing an additional 7,870 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Total by 0.4% in the third quarter. Dimensional Fund Advisors LP now owns 686,261 shares of the oil and gas exploration company’s stock valued at $36,729,000 after purchasing an additional 2,700 shares during the period. Point72 Asset Management L.P. purchased a new position in Total in the third quarter valued at $3,760,000. Janney Montgomery Scott LLC boosted its holdings in Total by 9.1% in the third quarter. Janney Montgomery Scott LLC now owns 114,614 shares of the oil and gas exploration company’s stock valued at $6,134,000 after purchasing an additional 9,521 shares during the period. Finally, Neuberger Berman Group LLC boosted its holdings in Total by 38.7% in the third quarter. Neuberger Berman Group LLC now owns 227,492 shares of the oil and gas exploration company’s stock valued at $12,175,000 after purchasing an additional 63,507 shares during the period. Hedge funds and other institutional investors own 5.43% of the company’s stock.
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TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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