Universal Beteiligungs und Servicegesellschaft mbH grew its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,798,178 shares of the oil and gas company's stock after buying an additional 41,686 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in ExxonMobil were worth $216,431,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Key Capital Management INC purchased a new position in shares of ExxonMobil in the 4th quarter valued at about $28,000. Westfuller Advisors LLC purchased a new position in shares of ExxonMobil in the 3rd quarter valued at about $30,000. Clayton Financial Group LLC purchased a new position in shares of ExxonMobil in the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC boosted its stake in shares of ExxonMobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock valued at $40,000 after buying an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in shares of ExxonMobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock valued at $42,000 after buying an additional 181 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on XOM. BMO Capital Markets reiterated a "market perform" rating and issued a $155.00 price objective on shares of ExxonMobil in a research note on Wednesday, February 4th. Royal Bank Of Canada lifted their price objective on ExxonMobil from $160.00 to $180.00 and gave the company a "sector perform" rating in a research note on Thursday, April 9th. Bank of America lifted their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research note on Monday, March 2nd. TD Cowen decreased their target price on ExxonMobil from $175.00 to $172.00 and set a "buy" rating for the company in a research note on Friday, April 10th. Finally, BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a "neutral" rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $161.55.
View Our Latest Report on ExxonMobil
ExxonMobil Price Performance
Shares of NYSE XOM opened at $148.90 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The stock has a 50 day moving average of $154.75 and a two-hundred day moving average of $133.85. The stock has a market cap of $618.89 billion, a P/E ratio of 22.26, a P/E/G ratio of 0.76 and a beta of 0.29.
ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion during the quarter, compared to analysts' expectations of $77.98 billion. During the same quarter in the previous year, the business earned $1.67 earnings per share. The firm's revenue for the quarter was down 1.3% on a year-over-year basis. On average, research analysts forecast that ExxonMobil Corporation will post 9.94 earnings per share for the current year.
ExxonMobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. ExxonMobil's payout ratio is currently 61.58%.
Key Headlines Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
Insiders Place Their Bets
In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last three months. 0.03% of the stock is currently owned by insiders.
ExxonMobil Company Profile
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Free Report)
ExxonMobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
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