Lindbrook Capital LLC Has $2.64 Million Holdings in Exxon Mobil Corporation (NYSE:XOM)

Lindbrook Capital LLC grew its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 30.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,236 shares of the oil and gas company's stock after purchasing an additional 5,213 shares during the quarter. Lindbrook Capital LLC's holdings in Exxon Mobil were worth $2,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Souders Financial Advisors grew its position in Exxon Mobil by 32.3% during the first quarter. Souders Financial Advisors now owns 6,418 shares of the oil and gas company's stock worth $763,000 after buying an additional 1,567 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its position in Exxon Mobil by 2.2% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 458,684 shares of the oil and gas company's stock worth $54,551,000 after buying an additional 9,763 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Exxon Mobil by 133.8% during the first quarter. J.W. Cole Advisors Inc. now owns 343,260 shares of the oil and gas company's stock worth $40,824,000 after buying an additional 196,433 shares in the last quarter. WNY Asset Management LLC grew its position in Exxon Mobil by 14.1% during the first quarter. WNY Asset Management LLC now owns 19,690 shares of the oil and gas company's stock worth $2,342,000 after buying an additional 2,439 shares in the last quarter. Finally, Twin Capital Management Inc. grew its position in Exxon Mobil by 13.2% during the first quarter. Twin Capital Management Inc. now owns 73,411 shares of the oil and gas company's stock worth $8,731,000 after buying an additional 8,533 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 3.4%

Exxon Mobil stock opened at $107.87 on Friday. The firm has a 50 day moving average price of $108.66 and a 200 day moving average price of $108.97. The company has a market capitalization of $464.88 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 2.01 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data 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 business had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 EPS. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were paid 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 yield of 3.67%. Exxon Mobil's dividend payout ratio is presently 52.52%.

Wall Street Analyst Weigh In

A number of research firms have commented on XOM. Mizuho lowered their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wells Fargo & Company set a $127.00 price target on Exxon Mobil and gave the company an "overweight" rating in a research report on Thursday, June 26th. Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a research report on Friday, July 11th. Finally, Wall Street Zen upgraded Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $125.42.

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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