Shufro Rose & Co. LLC reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,901 shares of the oil and gas company's stock after selling 3,258 shares during the quarter. Shufro Rose & Co. LLC's holdings in Exxon Mobil were worth $6,228,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Tallon Kerry Patrick acquired a new stake in Exxon Mobil in the 4th quarter valued at $789,000. XML Financial LLC lifted its stake in Exxon Mobil by 1.2% during the fourth quarter. XML Financial LLC now owns 48,284 shares of the oil and gas company's stock worth $5,194,000 after purchasing an additional 592 shares in the last quarter. Eads & Heald Wealth Management boosted its position in shares of Exxon Mobil by 0.8% during the fourth quarter. Eads & Heald Wealth Management now owns 16,747 shares of the oil and gas company's stock worth $1,802,000 after buying an additional 127 shares during the period. Missouri Trust & Investment Co grew its stake in shares of Exxon Mobil by 16.8% in the fourth quarter. Missouri Trust & Investment Co now owns 2,313 shares of the oil and gas company's stock valued at $249,000 after buying an additional 332 shares in the last quarter. Finally, MBM Wealth Consultants LLC increased its stake in Exxon Mobil by 7.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 2,659 shares of the oil and gas company's stock worth $285,000 after purchasing an additional 188 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
Exxon Mobil Stock Performance
Shares of NYSE:XOM traded up $0.45 during trading on Tuesday, reaching $103.48. The company had a trading volume of 13,011,033 shares, compared to its average volume of 15,545,595. The firm has a market capitalization of $445.96 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock's fifty day moving average price is $108.01 and its 200 day moving average price is $110.13. Exxon Mobil Co. 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 earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter last year, the business earned $2.06 EPS. The business's revenue was up .1% on a year-over-year basis. As a group, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders 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 3.83%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on XOM shares. Mizuho reduced their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. UBS Group cut their price target 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. The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $125.50.
Get Our Latest Stock Report on XOM
Exxon Mobil Company Profile
(
Free Report)
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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