Total SA (NYSE:TOT) Short Interest Update

Total SA (NYSE:TOT) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totalling 1,351,100 shares, a decline of 37.7% from the February 27th total of 2,170,000 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,290,000 shares, the days-to-cover ratio is presently 0.6 days.

In other Total news, Director S.A. Total purchased 100,600 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was purchased at an average price of $8.85 per share, for a total transaction of $890,310.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders have acquired 833,356 shares of company stock valued at $4,854,345 and have sold 2,152,078 shares valued at $18,533,004.

Several institutional investors and hedge funds have recently modified their holdings of TOT. Marshall Wace LLP bought a new stake in Total during the first quarter valued at about $169,000. Colony Group LLC lifted its position in Total by 9.4% in the 3rd quarter. Colony Group LLC now owns 3,973 shares of the oil and gas exploration company’s stock valued at $207,000 after purchasing an additional 342 shares during the last quarter. Voya Financial Advisors Inc. lifted its position in Total by 12.8% in the 3rd quarter. Voya Financial Advisors Inc. now owns 32,039 shares of the oil and gas exploration company’s stock valued at $1,662,000 after purchasing an additional 3,646 shares during the last quarter. State Street Corp lifted its position in Total by 1,154.2% in the 3rd quarter. State Street Corp now owns 62,762 shares of the oil and gas exploration company’s stock valued at $3,267,000 after purchasing an additional 57,758 shares during the last quarter. Finally, Lowe Brockenbrough & Co. Inc. lifted its position in Total by 2.9% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 104,081 shares of the oil and gas exploration company’s stock valued at $5,412,000 after purchasing an additional 2,900 shares during the last quarter. 5.95% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on TOT shares. DZ Bank restated a “buy” rating on shares of Total in a research note on Monday. Sanford C. Bernstein upgraded Total from a “market perform” rating to an “outperform” rating in a research note on Tuesday. UBS Group restated a “buy” rating on shares of Total in a research note on Tuesday, March 17th. Citigroup upgraded Total from a “neutral” rating to a “buy” rating in a research note on Thursday, March 12th. Finally, Morgan Stanley raised Total from an “equal weight” rating to an “overweight” rating in a report on Friday, March 20th. Two analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Total presently has an average rating of “Buy” and a consensus price target of $59.29.

Shares of TOT traded down $0.75 during trading hours on Thursday, hitting $35.37. The stock had a trading volume of 4,558,345 shares, compared to its average volume of 3,513,533. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.97. Total has a 12 month low of $22.13 and a 12 month high of $57.99. The firm has a market capitalization of $87.93 billion, a PE ratio of 8.48, a PEG ratio of 5.60 and a beta of 0.80. The stock has a fifty day moving average price of $40.96 and a 200 day moving average price of $49.89.

Total (NYSE:TOT) last issued its quarterly earnings data on Thursday, February 6th. The oil and gas exploration company reported $1.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.18. Total had a return on equity of 9.94% and a net margin of 5.62%. The company had revenue of $49.28 billion during the quarter. As a group, analysts anticipate that Total will post 2.81 EPS for the current fiscal year.

About Total

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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