Highview Capital Management LLC DE Has $1.87 Million Stock Position in Exxon Mobil Corporation (NYSE:XOM)

Highview Capital Management LLC DE increased its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 154.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,710 shares of the oil and gas company's stock after purchasing an additional 9,534 shares during the quarter. Highview Capital Management LLC DE's holdings in Exxon Mobil were worth $1,868,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Proficio Capital Partners LLC raised its position in Exxon Mobil by 35.3% during the fourth quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company's stock valued at $1,963,000 after buying an additional 4,760 shares during the period. Edgestream Partners L.P. purchased a new position in Exxon Mobil during the 4th quarter valued at about $863,000. GC Wealth Management RIA LLC increased its holdings in shares of Exxon Mobil by 63.7% in the 4th quarter. GC Wealth Management RIA LLC now owns 6,014 shares of the oil and gas company's stock valued at $647,000 after purchasing an additional 2,341 shares during the period. AGF Management Ltd. lifted its position in shares of Exxon Mobil by 9.3% in the fourth quarter. AGF Management Ltd. now owns 329,882 shares of the oil and gas company's stock worth $35,485,000 after purchasing an additional 27,944 shares in the last quarter. Finally, Cascade Financial Partners LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth approximately $268,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on XOM shares. Wall Street Zen upgraded shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Wells Fargo & Company set a $127.00 target price on Exxon Mobil and gave the company an "overweight" rating in a research note on Thursday, June 26th. Scotiabank cut their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, ten have given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $125.55.

Exxon Mobil Stock Down 0.3%

Shares of XOM stock opened at $113.80 on Thursday. The stock has a 50 day moving average of $107.65 and a 200-day moving average of $108.66. The firm has a market cap of $490.44 billion, a PE ratio of 15.09, a price-to-earnings-growth ratio of 2.19 and a beta of 0.50. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $126.34.

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

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.48%. Exxon Mobil's dividend payout ratio is currently 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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