Investors Sell Exxon Mobil (XOM) on Strength (XOM)

Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading on Thursday. $156.85 million flowed into the stock on the tick-up and $228.35 million flowed out of the stock on the tick-down, for a money net flow of $71.50 million out of the stock. Of all stocks tracked, Exxon Mobil had the 9th highest net out-flow for the day. Exxon Mobil traded up $0.97 for the day and closed at $75.86

Several equities research analysts have recently commented on the company. Goldman Sachs Group set a $92.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Piper Jaffray Companies restated a “hold” rating and set a $83.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. JPMorgan Chase & Co. set a $81.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, December 12th. Zacks Investment Research cut Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 14th. Finally, Vetr upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.50 price target for the company in a research note on Monday, February 5th. Seven equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and two have given a strong buy rating to the company. Exxon Mobil presently has an average rating of “Hold” and an average price target of $87.02.

The stock has a market capitalization of $321,430.00, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.02 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. The firm had revenue of $66.52 billion during the quarter, compared to analysts’ expectations of $74.41 billion. During the same quarter in the prior year, the business earned $0.41 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. research analysts anticipate that Exxon Mobil Co. will post 4.85 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 12th will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date is Friday, February 9th. Exxon Mobil’s dividend payout ratio is currently 95.36%.

In related news, VP Bradley W. Corson sold 19,500 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the sale, the vice president now owns 229,774 shares of the company’s stock, valued at $19,073,539.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert N. Schleckser sold 4,877 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,645,464.31. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,357 shares of company stock valued at $4,273,910. Company insiders own 0.08% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Green Square Capital LLC boosted its stake in Exxon Mobil by 34.3% in the 4th quarter. Green Square Capital LLC now owns 102,539 shares of the oil and gas company’s stock worth $8,576,000 after buying an additional 26,160 shares during the last quarter. Certified Advisory Corp acquired a new stake in Exxon Mobil in the 4th quarter worth about $691,000. Ackerman Capital Advisors LLC acquired a new stake in Exxon Mobil in the 4th quarter worth about $2,217,000. Wagner Wealth Management LLC acquired a new stake in Exxon Mobil in the 4th quarter worth about $806,000. Finally, D.B. Root & Company LLC acquired a new stake in Exxon Mobil in the 4th quarter worth about $1,886,000. 51.65% of the stock is currently owned by institutional investors and hedge funds.

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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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