Total S.A. (TOT) Sees Large Decline in Short Interest

Total S.A. (NYSE:TOT) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 1,369,894 shares, a decrease of 32.7% from the April 13th total of 2,036,113 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,442,607 shares, the days-to-cover ratio is currently 0.9 days.

Total opened at $64.05 on Friday, Marketbeat reports. Total has a 1 year low of $48.15 and a 1 year high of $64.59. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $157.67 billion, a P/E ratio of 15.55, a PEG ratio of 1.29 and a beta of 0.75.

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Total (NYSE:TOT) last posted its earnings results on Thursday, April 26th. The oil and gas exploration company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.02). Total had a net margin of 4.68% and a return on equity of 9.48%. The firm had revenue of $49.61 billion during the quarter. research analysts forecast that Total will post 5.17 EPS for the current year.

TOT has been the topic of several analyst reports. ValuEngine lowered shares of Total from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Total from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Saturday, January 20th. Piper Jaffray restated a “hold” rating and set a $58.00 price target on shares of Total in a research note on Friday, February 23rd. Deutsche Bank lowered shares of Total from a “buy” rating to a “hold” rating in a research note on Wednesday, April 11th. Finally, UBS lowered shares of Total from a “buy” rating to a “neutral” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Total has an average rating of “Buy” and a consensus price target of $51.38.

A number of large investors have recently bought and sold shares of TOT. Atria Investments LLC boosted its holdings in Total by 27.8% in the 4th quarter. Atria Investments LLC now owns 8,324 shares of the oil and gas exploration company’s stock valued at $460,000 after purchasing an additional 1,813 shares during the period. First National Trust Co boosted its holdings in Total by 13.9% in the 4th quarter. First National Trust Co now owns 8,955 shares of the oil and gas exploration company’s stock valued at $495,000 after purchasing an additional 1,094 shares during the period. Anderson Hoagland & Co. bought a new stake in Total in the 4th quarter valued at $1,824,000. First Bank & Trust boosted its holdings in Total by 19.7% in the 4th quarter. First Bank & Trust now owns 28,524 shares of the oil and gas exploration company’s stock valued at $1,577,000 after purchasing an additional 4,686 shares during the period. Finally, Viking Fund Management LLC boosted its holdings in Total by 278.9% in the 4th quarter. Viking Fund Management LLC now owns 3,600 shares of the oil and gas exploration company’s stock valued at $199,000 after purchasing an additional 2,650 shares during the period. Institutional investors and hedge funds own 5.42% of the company’s stock.

About Total

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.