BTC Capital Management Inc. Has $204,000 Position in TotalFinaElf, S.A. (TOT)

BTC Capital Management Inc. lowered its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,102 shares of the oil and gas exploration company’s stock after selling 60 shares during the period. BTC Capital Management Inc.’s holdings in TotalFinaElf, were worth $204,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TOT. Fulton Bank N.A. raised its stake in TotalFinaElf, by 69.5% in the second quarter. Fulton Bank N.A. now owns 31,077 shares of the oil and gas exploration company’s stock valued at $1,541,000 after buying an additional 12,745 shares during the last quarter. Lowe Brockenbrough & Co. Inc. raised its stake in TotalFinaElf, by 2.5% in the first quarter. Lowe Brockenbrough & Co. Inc. now owns 77,362 shares of the oil and gas exploration company’s stock valued at $3,901,000 after buying an additional 1,892 shares during the last quarter. First Trust Advisors LP raised its stake in TotalFinaElf, by 7.0% in the first quarter. First Trust Advisors LP now owns 515,026 shares of the oil and gas exploration company’s stock valued at $25,968,000 after buying an additional 33,680 shares during the last quarter. 1st Global Advisors Inc. raised its stake in TotalFinaElf, by 2.5% in the first quarter. 1st Global Advisors Inc. now owns 105,294 shares of the oil and gas exploration company’s stock valued at $5,309,000 after buying an additional 2,618 shares during the last quarter. Finally, Country Club Trust Company n.a. raised its stake in TotalFinaElf, by 1.3% in the second quarter. Country Club Trust Company n.a. now owns 175,295 shares of the oil and gas exploration company’s stock valued at $8,692,000 after buying an additional 2,265 shares during the last quarter. 6.14% of the stock is owned by institutional investors and hedge funds.

TotalFinaElf, S.A. (NYSE:TOT) opened at 50.40 on Friday. The stock’s 50 day moving average is $50.08 and its 200 day moving average is $50.80. TotalFinaElf, S.A. has a 12-month low of $45.05 and a 12-month high of $54.71. The firm has a market cap of $125.54 billion, a P/E ratio of 17.38 and a beta of 0.76.

TotalFinaElf, (NYSE:TOT) last issued its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.98 by $0.01. TotalFinaElf, had a net margin of 4.59% and a return on equity of 9.07%. The firm had revenue of $39.92 billion during the quarter. On average, equities research analysts expect that TotalFinaElf, S.A. will post $3.95 EPS for the current year.

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TOT has been the subject of several analyst reports. TheStreet raised shares of TotalFinaElf, from a “c” rating to a “b” rating in a research report on Thursday, April 27th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. Scotiabank set a $52.00 price target on shares of TotalFinaElf, and gave the company a “hold” rating in a research report on Tuesday. Simmons increased their price target on shares of TotalFinaElf, from $53.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, April 19th. Finally, Howard Weil lowered shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $53.75.

About TotalFinaElf,

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

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Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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