Exxon Mobil Corporation (NYSE:XOM) Shares Acquired by Scotia Capital Inc.

Key Points

• Scotia Capital Inc. increased its holdings in Exxon Mobil by 2.6% during Q1, owning 267,115 shares worth approximately $31.77 million.
• Exxon Mobil announced a quarterly dividend of $0.99 per share, which represents an annualized yield of 3.6% and a payout ratio of 52.52%.
• Recent trading data shows Exxon Mobil's stock opened at $109.61, with a market cap of $472.38 billion and a one-year price range between $97.80 and $126.34.

Scotia Capital Inc. increased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 2.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 267,115 shares of the oil and gas company's stock after buying an additional 6,895 shares during the quarter. Scotia Capital Inc.'s holdings in Exxon Mobil were worth $31,768,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. 10Elms LLP bought a new stake in shares of Exxon Mobil during the 4th quarter worth about $25,000. Graybill Wealth Management LTD. acquired a new position in Exxon Mobil in the 1st quarter valued at approximately $29,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $32,000. Cloud Capital Management LLC bought a new stake in shares of Exxon Mobil in the 1st quarter valued at approximately $45,000. Finally, Clarity Asset Management Inc. grew its stake in shares of Exxon Mobil by 29.7% in the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on XOM. UBS Group lowered their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. TD Cowen increased their price target on Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Mizuho lowered their price objective 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, Morgan Stanley raised their price objective on Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average target price of $125.26.

Exxon Mobil Stock Down 0.2%

Shares of XOM traded down $0.27 during mid-day trading on Tuesday, reaching $107.10. The company had a trading volume of 4,474,569 shares, compared to its average volume of 16,759,734. The company has a market capitalization of $461.58 billion, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 2.06 and a beta of 0.53. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The firm has a 50-day moving average price of $109.56 and a 200 day moving average price of $109.08.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.47 by $0.17. The firm had revenue of $81.51 billion during the quarter, compared to analyst estimates of $79.07 billion. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. Exxon Mobil's revenue was down 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.14 EPS. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.7%. Exxon Mobil's dividend payout ratio (DPR) is 56.25%.

Exxon Mobil Company 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.