Northeast Financial Consultants Inc Has $1.15 Million Position in Exxon Mobil Corporation (XOM)

Northeast Financial Consultants Inc reduced its holdings in Exxon Mobil Corporation (NYSE:XOM) by 48.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,241 shares of the oil and gas company’s stock after selling 13,416 shares during the period. Northeast Financial Consultants Inc’s holdings in Exxon Mobil Corporation were worth $1,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in XOM. CNA Financial Corp increased its stake in Exxon Mobil Corporation by 23.1% in the first quarter. CNA Financial Corp now owns 19,875 shares of the oil and gas company’s stock valued at $1,630,000 after purchasing an additional 3,725 shares in the last quarter. Two Sigma Securities LLC bought a new stake in Exxon Mobil Corporation in the first quarter valued at approximately $754,000. Doyle Wealth Management increased its stake in Exxon Mobil Corporation by 2.7% in the second quarter. Doyle Wealth Management now owns 259,322 shares of the oil and gas company’s stock valued at $20,935,000 after purchasing an additional 6,921 shares in the last quarter. Holderness Investments Co. increased its stake in Exxon Mobil Corporation by 48.1% in the first quarter. Holderness Investments Co. now owns 48,307 shares of the oil and gas company’s stock valued at $3,962,000 after purchasing an additional 15,687 shares in the last quarter. Finally, Pinnacle Advisory Group Inc. increased its stake in Exxon Mobil Corporation by 4.6% in the first quarter. Pinnacle Advisory Group Inc. now owns 20,403 shares of the oil and gas company’s stock valued at $1,673,000 after purchasing an additional 891 shares in the last quarter. Institutional investors and hedge funds own 50.73% of the company’s stock.

Several brokerages have commented on XOM. Morgan Stanley reaffirmed an “underperform” rating on shares of Exxon Mobil Corporation in a research note on Thursday. BNP Paribas set a $70.00 target price on shares of Exxon Mobil Corporation and gave the company a “sell” rating in a research note on Monday, September 25th. Vetr downgraded shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 target price for the company. in a research note on Thursday, September 28th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil Corporation and gave the company a “hold” rating in a research note on Wednesday. Finally, Barclays PLC set a $91.00 target price on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a research note on Tuesday, October 10th. Six equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $85.19.

In other news, Director Steven Reinemund sold 1,100 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the sale, the director now owns 43,125 shares in the company, valued at approximately $3,459,918.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert Stuart Franklin sold 22,656 shares of the company’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the sale, the vice president now owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The disclosure for this sale can be found here. Corporate insiders own 0.08% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Northeast Financial Consultants Inc Has $1.15 Million Position in Exxon Mobil Corporation (XOM)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/19/northeast-financial-consultants-inc-has-1-15-million-position-in-exxon-mobil-corporation-xom.html.

Shares of Exxon Mobil Corporation (NYSE:XOM) opened at 82.76 on Thursday. Exxon Mobil Corporation has a 52 week low of $76.05 and a 52 week high of $93.22. The firm has a 50-day moving average of $80.54 and a 200-day moving average of $80.76. The firm has a market cap of $350.66 billion, a PE ratio of 29.83 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings results on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.05). The business had revenu

A number of other hedge funds and other institutional investors have also made changes to their positions in XOM. CNA Financial Corp increased its stake in Exxon Mobil Corporation by 23.1% in the first quarter. CNA Financial Corp now owns 19,875 shares of the oil and gas company’s stock valued at $1,630,000 after purchasing an additional 3,725 shares in the last quarter. Two Sigma Securities LLC bought a new stake in Exxon Mobil Corporation in the first quarter valued at approximately $754,000. Doyle Wealth Management increased its stake in Exxon Mobil Corporation by 2.7% in the second quarter. Doyle Wealth Management now owns 259,322 shares of the oil and gas company’s stock valued at $20,935,000 after purchasing an additional 6,921 shares in the last quarter. Holderness Investments Co. increased its stake in Exxon Mobil Corporation by 48.1% in the first quarter. Holderness Investments Co. now owns 48,307 shares of the oil and gas company’s stock valued at $3,962,000 after purchasing an additional 15,687 shares in the last quarter. Finally, Pinnacle Advisory Group Inc. increased its stake in Exxon Mobil Corporation by 4.6% in the first quarter. Pinnacle Advisory Group Inc. now owns 20,403 shares of the oil and gas company’s stock valued at $1,673,000 after purchasing an additional 891 shares in the last quarter. Institutional investors and hedge funds own 50.73% of the company’s stock.

Several brokerages have commented on XOM. Morgan Stanley reaffirmed an “underperform” rating on shares of Exxon Mobil Corporation in a research note on Thursday. BNP Paribas set a $70.00 target price on shares of Exxon Mobil Corporation and gave the company a “sell” rating in a research note on Monday, September 25th. Vetr downgraded shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 target price for the company. in a research note on Thursday, September 28th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil Corporation and gave the company a “hold” rating in a research note on Wednesday. Finally, Barclays PLC set a $91.00 target price on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a research note on Tuesday, October 10th. Six equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $85.19.

In other news, Director Steven Reinemund sold 1,100 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the sale, the director now owns 43,125 shares in the company, valued at approximately $3,459,918.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert Stuart Franklin sold 22,656 shares of the company’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the sale, the vice president now owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The disclosure for this sale can be found here. Corporate insiders own 0.08% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Northeast Financial Consultants Inc Has $1.15 Million Position in Exxon Mobil Corporation (XOM)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/19/northeast-financial-consultants-inc-has-1-15-million-position-in-exxon-mobil-corporation-xom.html.

Shares of Exxon Mobil Corporation (NYSE:XOM) opened at 82.76 on Thursday. Exxon Mobil Corporation has a 52 week low of $76.05 and a 52 week high of $93.22. The firm has a 50-day moving average of $80.54 and a 200-day moving average of $80.76. The firm has a market cap of $350.66 billion, a PE ratio of 29.83 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings results on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.05). The business had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. On average, analysts expect that Exxon Mobil Corporation will post $3.48 EPS for the current year.

Exxon Mobil Corporation Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

Institutional Ownership by Quarter for Exxon Mobil Corporation (NYSE:XOM)

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