Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading hours on Monday. $139.02 million flowed into the stock on the tick-up and $357.02 million flowed out of the stock on the tick-down, for a money net flow of $218.00 million out of the stock. Of all equities tracked, Exxon Mobil had the 0th highest net out-flow for the day. Exxon Mobil traded up $0.33 for the day and closed at $76.54
A number of brokerages recently issued reports on XOM. Morgan Stanley set a $90.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research note on Wednesday, January 24th. Credit Suisse Group set a $84.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, January 23rd. HSBC set a $80.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research note on Thursday, January 18th. Goldman Sachs Group set a $92.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Finally, Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research note on Saturday, January 13th. Seven research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. Exxon Mobil currently has an average rating of “Hold” and an average target price of $87.02.
The firm has a market capitalization of $320,960.00, a P/E ratio of 16.36, a price-to-earnings-growth ratio of 1.03 and a beta of 0.82. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13.
Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). The company had revenue of $66.52 billion for the quarter, compared to analysts’ expectations of $74.41 billion. Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. equities analysts predict that Exxon Mobil Co. will post 4.85 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 12th will be given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Friday, February 9th. Exxon Mobil’s dividend payout ratio (DPR) is presently 66.52%.
In other news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now directly owns 291,385 shares in the company, valued at approximately $24,199,524.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Bradley W. Corson sold 19,500 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $83.01, for a total value of $1,618,695.00. Following the sale, the vice president now owns 229,774 shares in the company, valued at $19,073,539.74. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock worth $4,273,910 over the last 90 days. Insiders own 0.08% of the company’s stock.
Several large investors have recently bought and sold shares of the company. CWH Capital Management Inc. acquired a new stake in Exxon Mobil in the 2nd quarter worth about $114,000. Litman Gregory Asset Management LLC acquired a new stake in Exxon Mobil in the 3rd quarter worth about $131,000. Ford Financial Group Inc. acquired a new stake in Exxon Mobil in the 4th quarter worth about $137,000. Acrospire Investment Management LLC boosted its holdings in Exxon Mobil by 172.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after buying an additional 1,100 shares during the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in Exxon Mobil by 2.7% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.
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About Exxon Mobil
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.
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