UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,363,144 shares of the oil and gas company's stock after selling 950,743 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.30% of Exxon Mobil worth $1,437,473,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Exxon Mobil in the fourth quarter valued at about $6,936,737,000. Bank of New York Mellon Corp increased its position in shares of Exxon Mobil by 14.4% during the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock valued at $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of Exxon Mobil by 1,524.1% in the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company's stock worth $585,818,000 after purchasing an additional 5,110,603 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Exxon Mobil by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after buying an additional 4,140,046 shares during the last quarter. Finally, Northern Trust Corp grew its position in Exxon Mobil by 7.0% during the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock valued at $4,950,087,000 after buying an additional 2,998,892 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $106.40 on Tuesday. 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 firm has a market cap of $458.55 billion, a price-to-earnings ratio of 13.57, a P/E/G ratio of 3.02 and a beta of 0.51. The firm has a fifty day moving average price of $108.92 and a 200 day moving average price of $110.71. 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 quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 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 the consensus estimate of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The business's revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.06 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is presently 52.52%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Morgan Stanley decreased their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Royal Bank of Canada decreased their price objective on Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a research note on Monday, May 5th. The Goldman Sachs Group lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Bernstein Bank increased their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Finally, BMO Capital Markets lowered their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned 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.

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.

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