Symmetry Investments LP Sells 5,000 Shares of Exxon Mobil Co. (NYSE:XOM)

Symmetry Investments LP lessened its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,266 shares of the oil and gas company's stock after selling 5,000 shares during the period. Symmetry Investments LP's holdings in Exxon Mobil were worth $4,547,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of XOM. Principal Financial Group Inc. increased its position in shares of Exxon Mobil by 8.4% during the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after acquiring an additional 521,932 shares in the last quarter. McIlrath & Eck LLC increased its position in shares of Exxon Mobil by 7.4% during the third quarter. McIlrath & Eck LLC now owns 5,603 shares of the oil and gas company's stock worth $657,000 after acquiring an additional 387 shares in the last quarter. Passumpsic Savings Bank increased its position in shares of Exxon Mobil by 50.5% during the third quarter. Passumpsic Savings Bank now owns 3,619 shares of the oil and gas company's stock worth $424,000 after acquiring an additional 1,214 shares in the last quarter. Advisory Resource Group increased its position in shares of Exxon Mobil by 3.0% during the third quarter. Advisory Resource Group now owns 43,700 shares of the oil and gas company's stock worth $5,123,000 after acquiring an additional 1,270 shares in the last quarter. Finally, Diamant Asset Management Inc. increased its position in shares of Exxon Mobil by 0.9% during the third quarter. Diamant Asset Management Inc. now owns 12,949 shares of the oil and gas company's stock worth $1,518,000 after acquiring an additional 120 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.0 %

NYSE XOM traded down $0.02 on Friday, reaching $108.61. The company had a trading volume of 11,244,625 shares, compared to its average volume of 15,884,356. The firm has a market cap of $469.77 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 3.02 and a beta of 0.61. Exxon Mobil Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The business has a 50 day moving average of $109.75 and a two-hundred day moving average of $112.13. 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 (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the company earned $2.48 earnings per share. Analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.65%. Exxon Mobil's payout ratio is 50.51%.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on XOM shares. Bernstein Bank raised their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. UBS Group cut 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 note on Monday, April 14th. Mizuho cut their price target on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. The Goldman Sachs Group cut their price target 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, HSBC cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average price target of $126.50.

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.