4,565 Shares in Exxon Mobil Co. (NYSE:XOM) Acquired by Wealth Advisors Northwest LLC

Wealth Advisors Northwest LLC acquired a new position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,565 shares of the oil and gas company’s stock, valued at approximately $491,000.

A number of other hedge funds have also recently made changes to their positions in XOM. Wedge Capital Management L L P NC boosted its position in shares of Exxon Mobil by 1.8% during the 3rd quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock worth $830,000 after purchasing an additional 126 shares during the period. Creative Planning lifted its holdings in Exxon Mobil by 0.5% during the 3rd quarter. Creative Planning now owns 1,801,232 shares of the oil and gas company’s stock worth $211,140,000 after buying an additional 9,733 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in Exxon Mobil by 26.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 88,290 shares of the oil and gas company’s stock worth $10,349,000 after buying an additional 18,230 shares in the last quarter. Community Bank of Raymore lifted its holdings in Exxon Mobil by 0.9% during the 3rd quarter. Community Bank of Raymore now owns 21,684 shares of the oil and gas company’s stock worth $2,542,000 after buying an additional 200 shares in the last quarter. Finally, Probity Advisors Inc. lifted its holdings in Exxon Mobil by 1.6% during the 3rd quarter. Probity Advisors Inc. now owns 8,867 shares of the oil and gas company’s stock worth $1,039,000 after buying an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on XOM shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. Mizuho reduced their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. TD Cowen reduced their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Bernstein Bank raised their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Finally, Morgan Stanley raised their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Get Our Latest Research Report on Exxon Mobil

Exxon Mobil Trading Up 0.0 %

Shares of Exxon Mobil stock opened at $108.17 on Friday. Exxon Mobil Co. has a 1 year low of $100.60 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market capitalization of $475.42 billion, a P/E ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89. The company’s fifty day moving average is $108.88 and its two-hundred day moving average is $114.78.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the previous year, the company earned $2.48 EPS. Analysts forecast that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Company Profile

(Free Report)

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.

See Also

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

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