Chelsea Counsel Co. Has $6.21 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Chelsea Counsel Co. lowered its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,767 shares of the oil and gas company's stock after selling 5,200 shares during the quarter. Exxon Mobil comprises 3.2% of Chelsea Counsel Co.'s portfolio, making the stock its 8th largest position. Chelsea Counsel Co.'s holdings in Exxon Mobil were worth $6,214,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quantinno Capital Management LP boosted its holdings in shares of Exxon Mobil by 24.1% during the fourth quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company's stock valued at $61,332,000 after acquiring an additional 110,772 shares during the period. Accredited Wealth Management LLC bought a new stake in Exxon Mobil in the fourth quarter worth about $55,000. Rockline Wealth Management LLC lifted its stake in Exxon Mobil by 6.1% during the fourth quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock valued at $2,788,000 after purchasing an additional 1,498 shares during the last quarter. Renasant Bank boosted 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 worth $1,115,000 after acquiring an additional 493 shares in the last quarter. Finally, Paradigm Capital Management LLC NV increased its stake in Exxon Mobil by 1.6% in the 4th quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company's stock worth $1,532,000 after purchasing an additional 227 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group reduced their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Scotiabank lowered their target price on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. The Goldman Sachs Group dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Mizuho decreased their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, HSBC dropped their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $125.50.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock traded up $0.45 during trading on Tuesday, reaching $103.48. The company's stock had a trading volume of 13,011,033 shares, compared to its average volume of 15,545,595. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. 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 firm has a market cap of $445.96 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business's fifty day moving average price is $108.01 and its 200-day moving average price is $110.13.

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

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 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.