Columbia River Financial Group LLC Acquires Shares of 5,816 Exxon Mobil Co. (NYSE:XOM)

Columbia River Financial Group LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 5,816 shares of the oil and gas company’s stock, valued at approximately $625,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. 10Elms LLP bought a new stake in Exxon Mobil during the 4th quarter valued at about $25,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at about $31,000. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at about $36,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at about $47,000. Finally, Clarity Asset Management Inc. boosted its holdings in shares of Exxon Mobil by 29.7% during the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock valued at $47,000 after acquiring an additional 100 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

XOM stock opened at $103.11 on Friday. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34. The company’s fifty day moving average price is $108.26 and its 200-day moving average price is $110.40. 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 $444.36 billion, a PE ratio of 13.15, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company had revenue of $83.13 billion for the quarter, compared to analysts’ expectations of $86.11 billion. During the same quarter in the previous year, the business posted $2.06 earnings per share. Exxon Mobil’s quarterly revenue was up .1% on a year-over-year basis. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is 52.52%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on XOM shares. Morgan Stanley dropped their price target 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. The Goldman Sachs Group dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Mizuho dropped their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Finally, Bernstein Bank raised their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $125.50.

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.