Pure Financial Advisors Inc. lessened its position in Exxon Mobil Co. (NYSE:XOM) by 43.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,110 shares of the oil and gas company’s stock after selling 2,404 shares during the quarter. Pure Financial Advisors Inc.’s holdings in Exxon Mobil were worth $260,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. CWH Capital Management Inc. bought a new position in shares of Exxon Mobil during the 2nd quarter worth about $114,000. Litman Gregory Asset Management LLC bought a new position in shares of Exxon Mobil during the 3rd quarter worth about $131,000. Acrospire Investment Management LLC increased its holdings in shares of Exxon Mobil by 172.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 1,100 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in shares of Exxon Mobil by 2.7% during 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 purchasing an additional 50 shares during the period. Finally, Saratoga Research & Investment Management bought a new position in shares of Exxon Mobil during the 3rd quarter worth about $172,000. Hedge funds and other institutional investors own 53.11% of the company’s stock.
Several research firms have recently issued reports on XOM. Royal Bank of Canada restated a “sector perform” rating on shares of Exxon Mobil in a report on Friday, November 24th. Goldman Sachs reiterated a “neutral” rating and set a $96.00 target price on shares of Exxon Mobil in a research report on Thursday, February 1st. Wells Fargo set a $88.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research report on Thursday, January 11th. Vetr upgraded shares of Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.90 target price on the stock in a research report on Wednesday, December 13th. Finally, Barclays lowered shares of Exxon Mobil from an “overweight” rating to an “underweight” rating and decreased their target price for the company from $91.00 to $84.00 in a research report on Tuesday, February 6th. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $86.55.
Exxon Mobil stock opened at $75.04 on Thursday. The company has a market cap of $314,207.81, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.11 and a beta of 0.91. Exxon Mobil Co. has a 12-month low of $73.53 and a 12-month high of $89.30. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.52.
Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The firm had revenue of $66.52 billion during the quarter, compared to analyst estimates of $74.41 billion. During the same quarter last year, the firm earned $0.41 earnings per share. Exxon Mobil’s quarterly revenue was up 9.0% on a year-over-year basis. equities research analysts predict that Exxon Mobil Co. will post 4.82 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Monday, February 12th were given a dividend of $0.77 per share. The ex-dividend date was Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.10%. Exxon Mobil’s payout ratio is 66.52%.
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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