Aurora Private Wealth Inc. Has $9.17 Million Stake in Exxon Mobil Corporation (NYSE:XOM)

Aurora Private Wealth Inc. grew its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 870.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,073 shares of the oil and gas company's stock after purchasing an additional 69,129 shares during the quarter. Aurora Private Wealth Inc.'s holdings in Exxon Mobil were worth $9,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Tallon Kerry Patrick bought a new stake in Exxon Mobil during the 4th quarter worth approximately $789,000. SOA Wealth Advisors LLC. increased its position in shares of Exxon Mobil by 29.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 6,996 shares of the oil and gas company's stock valued at $753,000 after acquiring an additional 1,595 shares during the last quarter. Partners Wealth Management LLC bought a new position in Exxon Mobil during the fourth quarter valued at $1,316,000. Boothe Investment Group Inc. grew its holdings in Exxon Mobil by 10.9% during the fourth quarter. Boothe Investment Group Inc. now owns 30,904 shares of the oil and gas company's stock valued at $3,324,000 after purchasing an additional 3,044 shares during the period. Finally, Capital Advisors Ltd. LLC grew its holdings in Exxon Mobil by 2.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 6,387 shares of the oil and gas company's stock valued at $687,000 after purchasing an additional 131 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Scotiabank cut their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the company an "overweight" rating in a research report on Thursday. Morgan Stanley decreased their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. TD Cowen lifted their price objective on Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday. Finally, UBS Group cut their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.10.

Exxon Mobil Trading Up 1.6%

Shares of Exxon Mobil stock opened at $110.15 on Friday. The company has a market cap of $474.71 billion, a P/E ratio of 14.61, a price-to-earnings-growth ratio of 2.10 and a beta of 0.49. The firm has a 50-day simple moving average of $106.98 and a two-hundred day simple moving average of $108.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter in the prior year, the company earned $2.06 EPS. Exxon Mobil's revenue was up .1% compared to the same quarter last year. As a group, equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.60%. Exxon Mobil's dividend payout ratio is currently 52.52%.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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