NBC Securities Inc. Boosts Stock Position in Exxon Mobil Co. (NYSE:XOM)

NBC Securities Inc. boosted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 105,227.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,291 shares of the oil and gas company's stock after purchasing an additional 45,248 shares during the quarter. NBC Securities Inc.'s holdings in Exxon Mobil were worth $5,386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 10Elms LLP bought a new position in shares of Exxon Mobil during the 4th quarter valued at approximately $25,000. Fairway Wealth LLC bought a new stake in Exxon Mobil in the fourth quarter worth $31,000. Capital A Wealth Management LLC bought a new stake in Exxon Mobil in the fourth quarter worth $32,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil in the fourth quarter worth $36,000. Finally, Compass Planning Associates Inc bought a new stake in Exxon Mobil in the fourth quarter worth $47,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Down 0.1%

XOM traded down $0.11 on Thursday, hitting $102.19. The company had a trading volume of 5,503,727 shares, compared to its average volume of 15,500,483. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $440.40 billion, a price-to-earnings ratio of 13.03, a P/E/G ratio of 3.02 and a beta of 0.51. The stock has a fifty day moving average price of $106.06 and a 200-day moving average price of $109.42. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34.

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

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.88%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's dividend payout ratio is currently 52.52%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Royal Bank of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. UBS Group reduced their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Morgan Stanley reduced their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Finally, Mizuho reduced their target price 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. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $125.50.

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.