Universal Beteiligungs und Servicegesellschaft mbH Takes $240.65 Million Position in Exxon Mobil Co. (NYSE:XOM)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,237,179 shares of the oil and gas company's stock, valued at approximately $240,653,000. Exxon Mobil comprises approximately 0.5% of Universal Beteiligungs und Servicegesellschaft mbH's investment portfolio, making the stock its 29th largest position. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Exxon Mobil as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklyn FI LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $343,000. Brucke Financial Inc. purchased a new position in shares of Exxon Mobil in the 4th quarter worth approximately $710,000. Bernard Wealth Management Corp. bought a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $1,153,000. XY Planning Network Inc. bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $251,000. Finally, Yoffe Investment Management LLC bought a new position in Exxon Mobil during the 4th quarter worth about $431,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Piper Sandler lowered their price objective on Exxon Mobil from $127.00 to $125.00 and set an "overweight" rating for the company in a research report on Tuesday, May 13th. The Goldman Sachs Group dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. 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 research report on Friday, January 31st. HSBC reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Finally, Argus upgraded Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $125.50.

Exxon Mobil Trading Up 0.4%

Exxon Mobil stock 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 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 capitalization of $445.96 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The stock's 50 day moving average price is $108.01 and its two-hundred day moving average price is $110.13.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The company had revenue of $83.13 billion for 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%. Exxon Mobil's revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $2.06 earnings per share. As a group, equities 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. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.99 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.83%. Exxon Mobil's dividend payout ratio is presently 52.52%.

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.