University of Texas Texas AM Investment Management Co. Has $3.90 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

University of Texas Texas AM Investment Management Co. boosted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 2,334.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,226 shares of the oil and gas company's stock after buying an additional 34,738 shares during the quarter. University of Texas Texas AM Investment Management Co.'s holdings in Exxon Mobil were worth $3,897,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of XOM. 10Elms LLP bought a new stake in shares of Exxon Mobil during the fourth quarter worth $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the 4th quarter worth $36,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil during the 4th quarter worth $47,000. Finally, Synergy Investment Management LLC acquired a new position in Exxon Mobil in the 4th quarter worth about $47,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Mizuho reduced their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Bernstein Bank boosted 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. UBS Group decreased their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. BMO Capital Markets cut 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. Finally, Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $125.50.

Exxon Mobil Trading Down 0.7%

XOM opened at $102.97 on Friday. The firm has a market capitalization of $443.76 billion, a PE ratio of 13.13, a P/E/G 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. Exxon Mobil Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The company's 50-day moving average is $108.47 and its 200 day moving average is $110.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $86.11 billion. During the same period in the prior year, the firm posted $2.06 EPS. Exxon Mobil's quarterly revenue was up .1% compared to the same quarter last year. As a group, research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a $0.99 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.85%. Exxon Mobil's dividend payout ratio (DPR) is 52.52%.

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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