Barry Investment Advisors LLC Cuts Stock Holdings in Total SA (NYSE:TOT)

Barry Investment Advisors LLC trimmed its stake in shares of Total SA (NYSE:TOT) by 0.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 144,137 shares of the oil and gas exploration company’s stock after selling 1,140 shares during the period. Total comprises 2.7% of Barry Investment Advisors LLC’s holdings, making the stock its 14th biggest position. Barry Investment Advisors LLC’s holdings in Total were worth $7,495,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TOT. Fisher Asset Management LLC grew its stake in shares of Total by 37.8% in the 3rd quarter. Fisher Asset Management LLC now owns 19,504,169 shares of the oil and gas exploration company’s stock worth $1,014,217,000 after buying an additional 5,351,860 shares in the last quarter. Equity Investment Corp purchased a new position in shares of Total in the 2nd quarter worth $62,744,000. Invesco Ltd. grew its stake in shares of Total by 259.5% in the 2nd quarter. Invesco Ltd. now owns 572,533 shares of the oil and gas exploration company’s stock worth $31,942,000 after buying an additional 413,288 shares in the last quarter. Gabelli Funds LLC purchased a new position in shares of Total in the 2nd quarter worth $20,670,000. Finally, Randolph Co Inc purchased a new position in shares of Total in the 2nd quarter worth $19,221,000. 6.16% of the stock is owned by institutional investors.

A number of equities analysts have commented on TOT shares. Morgan Stanley cut shares of Total from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 31st. BMO Capital Markets started coverage on shares of Total in a research note on Tuesday, August 20th. They issued a “market perform” rating for the company. ValuEngine raised shares of Total from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Wolfe Research set a $90.00 price objective on shares of Total and gave the stock a “buy” rating in a research note on Thursday, September 26th. Finally, Goldman Sachs Group reissued a “buy” rating and issued a $70.00 price objective on shares of Total in a research note on Monday, July 15th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $52.13.

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Total stock opened at $54.80 on Friday. The firm has a 50-day moving average price of $51.91 and a 200-day moving average price of $52.63. The firm has a market capitalization of $144.55 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 1.81 and a beta of 0.71. The company has a current ratio of 1.22, a quick ratio of 0.98 and a debt-to-equity ratio of 0.41. Total SA has a 12-month low of $47.70 and a 12-month high of $58.82.

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.

Further Reading: Do investors pay a separate front-end load every time they buy additional shares?

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Institutional Ownership by Quarter for Total (NYSE:TOT)

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