Exxon Mobil Corporation (NYSE:XOM) Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 7.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,070,026 shares of the oil and gas company's stock after selling 167,153 shares during the period. Exxon Mobil makes up approximately 0.5% of Universal Beteiligungs und Servicegesellschaft mbH's investment portfolio, making the stock its 29th largest holding. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Exxon Mobil were worth $246,188,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. 10Elms LLP acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at about $25,000. Graybill Wealth Management LTD. bought a new stake in shares of Exxon Mobil during the first quarter valued at approximately $29,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $32,000. Cloud Capital Management LLC bought a new stake in shares of Exxon Mobil during the first quarter valued at approximately $45,000. Finally, Clarity Asset Management Inc. grew its position in Exxon Mobil by 29.7% in the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after acquiring an additional 100 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on XOM shares. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Morgan Stanley reaffirmed an "overweight" rating on shares of Exxon Mobil in a research note on Tuesday, July 15th. Piper Sandler upped their price target on Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Mizuho cut their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a research note on Friday, July 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.42.

Exxon Mobil Stock Performance

Shares of NYSE:XOM traded down $0.31 during midday trading on Tuesday, hitting $107.74. The company had a trading volume of 2,548,292 shares, compared to its average volume of 15,814,898. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The company has a market cap of $464.32 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 2.01 and a beta of 0.50. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a fifty day moving average of $108.66 and a two-hundred day moving average of $108.98.

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

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.68%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Exxon Mobil Profile

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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