Lighthouse Financial LLC Takes $576,000 Position in Exxon Mobil Co. (NYSE:XOM)

Lighthouse Financial LLC acquired a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,357 shares of the oil and gas company's stock, valued at approximately $576,000.

Other hedge funds have also bought and sold shares of the company. 10Elms LLP purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $25,000. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $31,000. Capital A Wealth Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $32,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $36,000. Finally, Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Up 0.6%

Exxon Mobil stock traded up $0.59 during midday trading on Thursday, reaching $102.70. 13,824,864 shares of the stock traded hands, compared to its average volume of 15,546,807. The company has a 50-day simple moving average of $107.50 and a two-hundred day simple moving average of $110.02. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The firm has a market cap of $442.59 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. The business had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The business's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 EPS. Research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. UBS Group reduced their price objective 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. Morgan Stanley reduced their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Mizuho reduced their price objective on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Royal Bank of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Finally, Scotiabank reduced their price objective 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. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus price target of $125.50.

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.