MRA Advisory Group Has $875,000 Stake in Exxon Mobil Co. (NYSE:XOM)

MRA Advisory Group increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,131 shares of the oil and gas company’s stock after acquiring an additional 429 shares during the period. MRA Advisory Group’s holdings in Exxon Mobil were worth $875,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Financial Private Client LLC raised its holdings in shares of Exxon Mobil by 0.9% during the 4th quarter. Global Financial Private Client LLC now owns 20,419 shares of the oil and gas company’s stock valued at $2,197,000 after purchasing an additional 179 shares in the last quarter. Signal Advisors Wealth LLC increased its holdings in shares of Exxon Mobil by 15.7% during the 4th quarter. Signal Advisors Wealth LLC now owns 12,210 shares of the oil and gas company’s stock worth $1,313,000 after purchasing an additional 1,653 shares during the period. Johnson & White Wealth Management LLC raised its position in shares of Exxon Mobil by 4.2% during the fourth quarter. Johnson & White Wealth Management LLC now owns 12,011 shares of the oil and gas company’s stock valued at $1,289,000 after buying an additional 489 shares during the last quarter. Greenfield Savings Bank lifted its stake in shares of Exxon Mobil by 0.8% in the fourth quarter. Greenfield Savings Bank now owns 18,585 shares of the oil and gas company’s stock valued at $1,999,000 after buying an additional 153 shares during the period. Finally, Columbia Advisory Partners LLC acquired a new stake in Exxon Mobil during the fourth quarter worth about $345,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.4 %

Shares of XOM opened at $109.68 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The company has a market cap of $482.05 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 4.65 and a beta of 0.91. The stock has a fifty day moving average price of $113.12 and a two-hundred day moving average price of $115.58. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the previous year, the business posted $2.27 earnings per share. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. Analysts predict that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s dividend payout ratio is presently 49.32%.

Analysts Set New Price Targets

A number of brokerages have commented on XOM. BMO Capital Markets raised their price objective on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $129.00 to $145.00 in a research note on Thursday, October 10th. Mizuho dropped their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. decreased their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Finally, TD Cowen dropped their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.