Ground Swell Capital LLC Makes New $347,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Ground Swell Capital LLC purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,229 shares of the oil and gas company's stock, valued at approximately $347,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairway Wealth LLC acquired a new stake in Exxon Mobil during the 4th quarter worth about $31,000. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil in the fourth quarter worth about $36,000. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $47,000. Finally, Clarity Asset Management Inc. lifted its holdings in Exxon Mobil by 29.7% in the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after acquiring an additional 100 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 1.2%

Shares of NYSE XOM traded up $1.31 during trading on Friday, reaching $107.38. The stock had a trading volume of 10,988,611 shares, compared to its average volume of 15,586,857. Exxon Mobil Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. 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 business's 50-day moving average price is $108.97 and its 200-day moving average price is $111.09. The company has a market cap of $464.45 billion, a P/E ratio of 13.70, a PEG ratio of 3.02 and a beta of 0.51.

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

Exxon Mobil Announces Dividend

The firm 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 of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.69%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analyst Ratings Changes

XOM has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Royal Bank of Canada reduced their price target on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating for the company in a research report on Monday, May 5th. Morgan Stanley reduced their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. UBS Group cut their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Argus upgraded Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. 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 company's stock. Based on data from MarketBeat.com, Exxon Mobil presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.85.

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.