BFI Infinity Ltd. reduced its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 86.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,677 shares of the oil and gas company's stock after selling 29,153 shares during the period. Exxon Mobil comprises approximately 0.6% of BFI Infinity Ltd.'s holdings, making the stock its 17th biggest holding. BFI Infinity Ltd.'s holdings in Exxon Mobil were worth $556,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP grew its stake in shares of Exxon Mobil by 24.1% during the 4th quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company's stock valued at $61,332,000 after buying an additional 110,772 shares during the period. Accredited Wealth Management LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at $55,000. Renasant Bank grew its stake in shares of Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock valued at $1,115,000 after buying an additional 493 shares during the period. Paradigm Capital Management LLC NV grew its stake in shares of Exxon Mobil by 1.6% during the 4th quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company's stock valued at $1,532,000 after buying an additional 227 shares during the period. Finally, University of Texas Texas AM Investment Management Co. grew its stake in shares of Exxon Mobil by 2,334.5% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 36,226 shares of the oil and gas company's stock valued at $3,897,000 after buying an additional 34,738 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.
Exxon Mobil Stock Performance
Shares of NYSE:XOM traded up $0.40 during trading on Thursday, reaching $109.71. 17,447,260 shares of the company's stock traded hands, compared to its average volume of 15,625,472. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The company has a 50 day moving average of $105.28 and a 200-day moving average of $108.82. The stock has a market capitalization of $472.81 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49.
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 for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The business had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same quarter in the prior year, the firm earned $2.06 EPS. The company's revenue for the quarter was up .1% compared to the same quarter last year. On average, equities analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. UBS Group lowered their price objective on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Mizuho lowered their price objective on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Morgan Stanley reduced their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Barclays restated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Finally, Scotiabank reduced their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.50.
View Our Latest Stock Report on XOM
About Exxon Mobil
(
Free Report)
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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