Total SA (NYSE:TOT) Shares Bought by Mount Yale Investment Advisors LLC
Mount Yale Investment Advisors LLC increased its holdings in shares of Total SA (NYSE:TOT) by 182.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 5,678 shares of the oil and gas exploration company’s stock after purchasing an additional 3,666 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Total were worth $344,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of TOT. HWG Holdings LP acquired a new stake in Total during the second quarter worth approximately $599,000. Carnegie Capital Asset Management LLC acquired a new stake in Total during the second quarter worth approximately $269,000. Jane Street Group LLC acquired a new stake in Total during the second quarter worth approximately $16,792,000. Argent Trust Co acquired a new stake in Total during the second quarter worth approximately $795,000. Finally, Bruderman Asset Management LLC lifted its position in Total by 0.8% during the second quarter. Bruderman Asset Management LLC now owns 253,288 shares of the oil and gas exploration company’s stock worth $15,339,000 after acquiring an additional 1,981 shares during the last quarter. Institutional investors and hedge funds own 5.30% of the company’s stock.
Several equities research analysts have issued reports on TOT shares. Barclays restated a “buy” rating on shares of Total in a research report on Friday, September 14th. Berenberg Bank started coverage on shares of Total in a research report on Tuesday, September 11th. They set a “buy” rating for the company. UBS Group upgraded shares of Total from a “neutral” rating to a “buy” rating in a research report on Friday, August 3rd. ValuEngine upgraded shares of Total from a “hold” rating to a “buy” rating in a research report on Tuesday, July 10th. Finally, Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Thursday, June 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $50.86.
Total (NYSE:TOT) last released its quarterly earnings results on Thursday, July 26th. The oil and gas exploration company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.19). Total had a net margin of 5.25% and a return on equity of 10.19%. The business had revenue of $52.54 billion during the quarter. On average, equities research analysts forecast that Total SA will post 5.49 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 19th. Shareholders of record on Monday, September 24th will be given a dividend of $0.7442 per share. This is an increase from Total’s previous quarterly dividend of $0.73. This represents a $2.98 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend is Friday, September 21st. Total’s payout ratio is currently 72.33%.
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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