Everpar Advisors LLC Buys New Shares in Exxon Mobil Co. (NYSE:XOM)

Everpar Advisors LLC bought a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 8,998 shares of the oil and gas company's stock, valued at approximately $900,000.

Other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its position in Exxon Mobil by 10.7% in the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company's stock worth $205,000 after purchasing an additional 199 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Exxon Mobil by 83.0% in the third quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company's stock valued at $149,213,000 after acquiring an additional 575,649 shares during the period. Qsemble Capital Management LP boosted its holdings in shares of Exxon Mobil by 34.3% during the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company's stock worth $553,000 after purchasing an additional 1,200 shares during the period. RNC Capital Management LLC grew its stake in shares of Exxon Mobil by 5.5% in the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company's stock worth $8,791,000 after purchasing an additional 4,585 shares during the last quarter. Finally, Dupree Financial Group LLC bought a new position in Exxon Mobil during the 4th quarter valued at approximately $378,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 0.0 %

Shares of NYSE XOM traded down $0.02 during midday trading on Wednesday, hitting $116.15. The stock had a trading volume of 18,465,115 shares, compared to its average volume of 18,822,346. The company has a market cap of $457.98 billion, a P/E ratio of 14.23, a PEG ratio of 4.03 and a beta of 0.96. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The business's 50 day moving average is $115.15 and its 200-day moving average is $106.95. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). The business had revenue of $83.08 billion for the quarter, compared to analysts' expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.83 earnings per share. As a group, analysts predict that Exxon Mobil Co. will post 9.61 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil's dividend payout ratio is currently 46.57%.

Analysts Set New Price Targets

XOM has been the topic of a number of recent analyst reports. Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. Mizuho restated a "neutral" rating and issued a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $120.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Wells Fargo & Company increased their price target on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 30th. Finally, HSBC lifted their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research report on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $134.18.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the business's stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares of the company's stock, valued at $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the business's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

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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