Symphony Financial Ltd. Co. Has $782,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)


Share on StockTwits

Symphony Financial Ltd. Co. trimmed its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 29.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,855 shares of the oil and gas company’s stock after selling 7,760 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in Exxon Mobil were worth $782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of XOM. Professional Financial Advisors LLC purchased a new stake in shares of Exxon Mobil in the third quarter worth $34,000. Holloway Wealth Management LLC acquired a new position in Exxon Mobil during the third quarter worth $38,000. BNC Wealth Management LLC acquired a new position in Exxon Mobil during the third quarter worth $64,000. Avondale Wealth Management grew its holdings in Exxon Mobil by 58.6% in the 3rd quarter. Avondale Wealth Management now owns 2,174 shares of the oil and gas company’s stock valued at $75,000 after buying an additional 803 shares in the last quarter. Finally, Aua Capital Management LLC increased its stake in shares of Exxon Mobil by 49.7% in the 3rd quarter. Aua Capital Management LLC now owns 2,409 shares of the oil and gas company’s stock worth $83,000 after acquiring an additional 800 shares during the last quarter. 50.90% of the stock is currently owned by institutional investors.

XOM has been the topic of a number of analyst reports. ValuEngine raised shares of Exxon Mobil from a “hold” rating to a “buy” rating in a research note on Tuesday, December 1st. Wells Fargo & Company upgraded Exxon Mobil from an “equal weight” rating to an “overweight” rating and set a $53.00 price objective on the stock in a report on Tuesday, December 15th. Smith Barney Citigroup lifted their target price on Exxon Mobil from $33.00 to $39.00 in a research report on Wednesday, December 9th. Raymond James reissued a “sell” rating on shares of Exxon Mobil in a research report on Friday, September 18th. Finally, Truist Financial increased their target price on shares of Exxon Mobil from $39.00 to $45.00 in a research note on Friday, December 18th. Four research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Exxon Mobil currently has a consensus rating of “Hold” and a consensus target price of $48.96.

Shares of NYSE:XOM traded up $0.71 during trading hours on Wednesday, reaching $48.59. The stock had a trading volume of 1,268,205 shares, compared to its average volume of 34,478,699. Exxon Mobil Co. has a 1 year low of $30.11 and a 1 year high of $69.87. The firm’s 50 day moving average is $42.27 and its 200-day moving average is $39.62. The stock has a market capitalization of $205.45 billion, a price-to-earnings ratio of 28.50 and a beta of 1.31. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.58 and a current ratio of 0.93.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Wednesday, November 4th. The oil and gas company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.07. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $48.36 billion. Exxon Mobil had a net margin of 3.24% and a return on equity of 2.09%. The company’s revenue was down 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 earnings per share. Analysts forecast that Exxon Mobil Co. will post -0.52 EPS for the current year.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

Featured Article: How is a management fee different from a performance fee?

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM).

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.