Murphy & Mullick Capital Management Corp Invests $91,000 in Exxon Mobil Co. (NYSE:XOM)

Murphy & Mullick Capital Management Corp bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 847 shares of the oil and gas company’s stock, valued at approximately $91,000.

Other hedge funds have also bought and sold shares of the company. BG Investment Services Inc. bought a new position in Exxon Mobil in the 4th quarter worth $311,000. Momentous Wealth Management Inc. bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $347,000. Aire Advisors LLC lifted its stake in Exxon Mobil by 75.0% in the 4th quarter. Aire Advisors LLC now owns 10,287 shares of the oil and gas company’s stock worth $1,107,000 after purchasing an additional 4,408 shares in the last quarter. Bay Capital Advisors LLC bought a new position in shares of Exxon Mobil during the 4th quarter valued at about $739,000. Finally, PKS Advisory Services LLC purchased a new position in shares of Exxon Mobil during the fourth quarter valued at about $1,049,000. Institutional investors own 61.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’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 sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on XOM. Argus raised Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. TD Cowen lowered their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. HSBC reduced their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. UBS Group lowered their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, The Goldman Sachs Group decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.15.

Exxon Mobil Price Performance

Shares of XOM opened at $118.11 on Thursday. 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 50 day moving average price of $110.49 and a 200-day moving average price of $113.64. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. The stock has a market capitalization of $512.50 billion, a PE ratio of 15.07, a PEG ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company earned $2.48 earnings per share. Equities analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.35%. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

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.