Exxon Mobil Co. (NYSE:XOM) is United Services Automobile Association’s 5th Largest Position

United Services Automobile Association trimmed its position in Exxon Mobil Co. (NYSE:XOM) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 821,426 shares of the oil and gas company’s stock after selling 763 shares during the period. Exxon Mobil makes up about 3.0% of United Services Automobile Association’s holdings, making the stock its 5th biggest position. United Services Automobile Association’s holdings in Exxon Mobil were worth $88,361,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of XOM. Clune & Associates LTD. purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $1,262,000. Crowley Wealth Management Inc. acquired a new stake in Exxon Mobil in the fourth quarter valued at about $321,000. FCA Corp TX boosted its holdings in Exxon Mobil by 12.8% in the 4th quarter. FCA Corp TX now owns 2,625 shares of the oil and gas company’s stock valued at $282,000 after purchasing an additional 297 shares in the last quarter. Community Bank N.A. increased its position in Exxon Mobil by 1.6% during the 4th quarter. Community Bank N.A. now owns 57,035 shares of the oil and gas company’s stock worth $6,135,000 after purchasing an additional 913 shares during the period. Finally, Napatree Capital LLC raised its stake in shares of Exxon Mobil by 11.4% during the 4th quarter. Napatree Capital LLC now owns 9,435 shares of the oil and gas company’s stock worth $1,015,000 after buying an additional 962 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.5 %

Shares of XOM stock opened at $115.30 on Monday. The company has a market capitalization of $500.29 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 3.02 and a beta of 0.83. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $110.09 and a 200 day moving average price of $113.57. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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. Research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Morgan Stanley lifted their price target on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Scotiabank decreased their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. UBS Group cut 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. TD Cowen decreased 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. Finally, JPMorgan Chase & Co. dropped their target price 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. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

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.