Hoge Financial Services LLC Purchases 773 Shares of Exxon Mobil Co. (NYSE:XOM)

Hoge Financial Services LLC grew its position in Exxon Mobil Co. (NYSE:XOM) by 17.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,084 shares of the oil and gas company’s stock after acquiring an additional 773 shares during the period. Exxon Mobil accounts for 0.4% of Hoge Financial Services LLC’s portfolio, making the stock its 28th largest holding. Hoge Financial Services LLC’s holdings in Exxon Mobil were worth $547,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Sierra Ocean LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $136,000. WBH Advisory Inc. increased its holdings in shares of Exxon Mobil by 46.8% in the fourth quarter. WBH Advisory Inc. now owns 12,099 shares of the oil and gas company’s stock valued at $1,302,000 after purchasing an additional 3,857 shares in the last quarter. Keystone Financial Services increased its holdings in shares of Exxon Mobil by 3.0% in the fourth quarter. Keystone Financial Services now owns 5,980 shares of the oil and gas company’s stock valued at $643,000 after purchasing an additional 172 shares in the last quarter. Monument Capital Management increased its holdings in shares of Exxon Mobil by 8.5% in the fourth quarter. Monument Capital Management now owns 18,762 shares of the oil and gas company’s stock valued at $2,018,000 after purchasing an additional 1,471 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Exxon Mobil by 3.1% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 24,533 shares of the oil and gas company’s stock valued at $2,639,000 after purchasing an additional 739 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.1 %

XOM opened at $110.30 on Thursday. The stock has a market capitalization of $484.76 billion, a P/E ratio of 14.07, a P/E/G ratio of 2.91 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $102.64 and a 12 month high of $126.34. The firm’s fifty day simple moving average is $108.60 and its 200 day simple moving average is $114.53. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the firm earned $2.48 earnings per share. As a group, research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.59%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on XOM. Wells Fargo & Company lowered their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. JPMorgan Chase & Co. lowered their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Morgan Stanley lifted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Finally, BMO Capital Markets lowered their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil 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.