15,322 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX purchased a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,322 shares of the oil and gas company's stock, valued at approximately $1,701,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ameriflex Group Inc. purchased a new position in shares of Exxon Mobil in the fourth quarter valued at $956,000. Sunbeam Capital Management LLC acquired a new position in Exxon Mobil during the fourth quarter worth approximately $2,020,000. Challenger Wealth Management acquired a new position in Exxon Mobil in the fourth quarter valued at $2,678,000. Putney Financial Group LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at about $109,000. Finally, Aurdan Capital Management LLC acquired a new position in Exxon Mobil during the fourth quarter valued at approximately $635,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the subject of several analyst reports. UBS Group decreased their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Scotiabank dropped their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Argus raised Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. Barclays restated a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Finally, BMO Capital Markets lowered their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus target price of $125.50.

Exxon Mobil Stock Up 0.3%

XOM traded up $0.29 on Thursday, hitting $102.40. 7,190,202 shares of the company were exchanged, compared to its average volume of 15,514,644. The company has a market cap of $441.30 billion, a PE ratio of 13.05, a PEG ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock's fifty day moving average is $107.50 and its 200-day moving average is $110.02. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.06 EPS. Equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is 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.