Unio Capital LLC Sells 2,042 Shares of Exxon Mobil Co. (NYSE:XOM)

Unio Capital LLC trimmed its holdings in Exxon Mobil Co. (NYSE:XOM) by 44.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 2,590 shares of the oil and gas company’s stock after selling 2,042 shares during the quarter. Exxon Mobil comprises approximately 0.1% of Unio Capital LLC’s portfolio, making the stock its 24th biggest position. Unio Capital LLC’s holdings in Exxon Mobil were worth $279,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. US Financial Advisors LLC raised its stake in shares of Exxon Mobil by 5.3% in the fourth quarter. US Financial Advisors LLC now owns 4,570 shares of the oil and gas company’s stock valued at $492,000 after acquiring an additional 228 shares during the period. Worldquant Millennium Advisors LLC raised its stake in shares of Exxon Mobil by 150.4% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 1,408,156 shares of the oil and gas company’s stock worth $151,475,000 after acquiring an additional 845,730 shares in the last quarter. Waverly Advisors LLC grew its stake in Exxon Mobil by 35.4% during the 4th quarter. Waverly Advisors LLC now owns 224,082 shares of the oil and gas company’s stock worth $24,104,000 after buying an additional 58,544 shares during the last quarter. Willis Johnson & Associates Inc. boosted its stake in Exxon Mobil by 6.8% in the 4th quarter. Willis Johnson & Associates Inc. now owns 82,164 shares of the oil and gas company’s stock worth $8,838,000 after purchasing an additional 5,210 shares in the last quarter. Finally, Woodline Partners LP purchased a new position in Exxon Mobil in the 4th quarter worth $28,392,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on XOM. Bernstein Bank boosted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Morgan Stanley decreased their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Mizuho reduced their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Finally, BMO Capital Markets lowered their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Price Performance

NYSE:XOM opened at $106.40 on Tuesday. 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 stock’s 50-day simple moving average is $108.92 and its 200 day simple moving average is $110.71. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a market cap of $458.55 billion, a P/E ratio of 13.57, a P/E/G ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same quarter last year, the firm earned $2.06 earnings per share. The company’s revenue was up .1% on a year-over-year basis. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil’s payout ratio is 52.52%.

About Exxon Mobil

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.