Signaturefd LLC Sells 4,702 Shares of Exxon Mobil Corporation $XOM

Signaturefd LLC lowered its holdings in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 4.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 98,571 shares of the oil and gas company’s stock after selling 4,702 shares during the period. Signaturefd LLC’s holdings in Exxon Mobil were worth $11,862,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Maryland State Retirement & Pension System grew its position in Exxon Mobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after acquiring an additional 5,573 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in Exxon Mobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after acquiring an additional 14,233 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after acquiring an additional 9,831 shares during the last quarter. HORAN Wealth LLC grew its holdings in Exxon Mobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after acquiring an additional 5,788 shares during the last quarter. Finally, New Age Alpha Advisors LLC grew its holdings in Exxon Mobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after acquiring an additional 8,853 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the topic of a number of recent analyst reports. TD Cowen raised their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Wells Fargo & Company cut their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Sanford C. Bernstein cut their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, HSBC lifted their price objective on Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Hold” and an average price target of $152.39.

View Our Latest Analysis on XOM

Exxon Mobil Trading Up 0.0%

Shares of XOM opened at $163.39 on Wednesday. The firm’s 50-day moving average price is $153.63 and its 200-day moving average price is $130.76. The firm has a market capitalization of $680.82 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 1.11 and a beta of 0.29. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.67 earnings per share. Sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

More Exxon Mobil News

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About Exxon Mobil

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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

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