Personal Capital Advisors Corp lifted its position in Exxon Mobil Co. (NYSE:XOM) by 9.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 286,639 shares of the oil and gas company’s stock after purchasing an additional 25,067 shares during the quarter. Personal Capital Advisors Corp’s holdings in Exxon Mobil were worth $23,499,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. Shell Asset Management Co. boosted its position in Exxon Mobil by 31.9% during the third quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock valued at $100,269,000 after buying an additional 257,727 shares during the period. Doyle Wealth Management boosted its holdings in shares of Exxon Mobil by 2.7% during the second quarter. Doyle Wealth Management now owns 259,322 shares of the oil and gas company’s stock worth $20,935,000 after purchasing an additional 6,921 shares during the period. Holderness Investments Co. boosted its holdings in shares of Exxon Mobil by 48.1% during the first quarter. Holderness Investments Co. now owns 48,307 shares of the oil and gas company’s stock worth $3,962,000 after purchasing an additional 15,687 shares during the period. Baldwin Brothers Inc. MA boosted its holdings in shares of Exxon Mobil by 14.4% during the second quarter. Baldwin Brothers Inc. MA now owns 104,939 shares of the oil and gas company’s stock worth $8,472,000 after purchasing an additional 13,206 shares during the period. Finally, State of Tennessee Treasury Department boosted its holdings in shares of Exxon Mobil by 28.5% during the first quarter. State of Tennessee Treasury Department now owns 3,214,501 shares of the oil and gas company’s stock worth $263,621,000 after purchasing an additional 712,959 shares during the period. 51.05% of the stock is currently owned by hedge funds and other institutional investors.
In other Exxon Mobil news, VP Bradley W. Corson sold 19,500 shares of the business’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 completion of the sale, the vice president now directly owns 229,774 shares of the company’s stock, valued at approximately $19,073,539.74. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the sale, the vice president now directly owns 291,385 shares of the company’s stock, valued at $24,199,524.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 51,357 shares of company stock valued at $4,273,910. 0.08% of the stock is owned by corporate insiders.
Shares of Exxon Mobil Co. (NYSE:XOM) opened at $87.52 on Friday. Exxon Mobil Co. has a fifty-two week low of $76.05 and a fifty-two week high of $87.99. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. The firm has a market cap of $370,830.00, a PE ratio of 28.51, a PEG ratio of 1.36 and a beta of 0.82.
Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The firm had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. During the same period in the previous year, the firm posted $0.63 EPS. research analysts anticipate that Exxon Mobil Co. will post 3.68 earnings per share for the current year.
XOM has been the subject of a number of analyst reports. Societe Generale set a $95.00 target price on shares of Exxon Mobil and gave the stock a “buy” rating in a report on Monday, September 18th. Cowen reissued a “buy” rating and issued a $100.00 price target on shares of Exxon Mobil in a research note on Tuesday, September 19th. BNP Paribas set a $70.00 target price on shares of Exxon Mobil and gave the company a “sell” rating in a research note on Monday, September 25th. Vetr downgraded shares of Exxon Mobil 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. Finally, Goldman Sachs Group set a $85.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, October 3rd. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $86.74.
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Exxon Mobil Company 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.
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