Vident Advisory LLC Has $42.75 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Vident Advisory LLC grew its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 102.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 397,354 shares of the oil and gas company's stock after buying an additional 200,985 shares during the period. Exxon Mobil makes up 0.7% of Vident Advisory LLC's portfolio, making the stock its 21st largest position. Vident Advisory LLC's holdings in Exxon Mobil were worth $42,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Beacon Capital Management LLC grew its holdings in shares of Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock valued at $923,000 after buying an additional 93 shares during the period. Lincoln Capital LLC boosted its stake in Exxon Mobil by 1.1% in the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock worth $917,000 after purchasing an additional 94 shares during the period. Altus Wealth Group LLC boosted its stake in Exxon Mobil by 0.9% in the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock worth $1,090,000 after purchasing an additional 94 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in Exxon Mobil by 11.4% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock worth $99,000 after purchasing an additional 94 shares during the period. Finally, Field & Main Bank boosted its stake in Exxon Mobil by 0.4% in the 4th quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company's stock worth $2,527,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Stock Down 0.4%

Shares of XOM stock opened at $108.13 on Monday. 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's 50-day moving average is $108.98 and its 200-day moving average is $110.77. The stock has a market cap of $466.01 billion, a price-to-earnings ratio of 13.79, a PEG ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34.

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

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.66%. Exxon Mobil's payout ratio is 52.52%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on XOM shares. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Barclays reduced their target price on shares of Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Bernstein Bank upped their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. The Goldman Sachs Group reduced their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, BMO Capital Markets reduced their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.50.

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.

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