Tradewinds Capital Management LLC Buys 12,709 Shares of Exxon Mobil Co. (NYSE:XOM)

Tradewinds Capital Management LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 559.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,979 shares of the oil and gas company’s stock after purchasing an additional 12,709 shares during the period. Exxon Mobil accounts for 0.4% of Tradewinds Capital Management LLC’s portfolio, making the stock its 29th largest position. Tradewinds Capital Management LLC’s holdings in Exxon Mobil were worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. New England Capital Financial Advisors LLC boosted its holdings in Exxon Mobil by 8.5% in the fourth quarter. New England Capital Financial Advisors LLC now owns 7,674 shares of the oil and gas company’s stock valued at $826,000 after acquiring an additional 602 shares during the last quarter. Kooman & Associates lifted its holdings in Exxon Mobil by 2.1% in the fourth quarter. Kooman & Associates now owns 4,918 shares of the oil and gas company’s stock valued at $529,000 after buying an additional 103 shares during the period. Abound Financial LLC acquired a new stake in Exxon Mobil during the 4th quarter worth $214,000. Marshall Investment Management LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $2,965,000. Finally, TCW Group Inc. boosted its position in shares of Exxon Mobil by 2.6% in the 4th quarter. TCW Group Inc. now owns 683,926 shares of the oil and gas company’s stock worth $73,570,000 after purchasing an additional 17,333 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on XOM. Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. BMO Capital Markets lowered their price objective on shares of 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. The Goldman Sachs Group reduced their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Stock Performance

Shares of XOM opened at $109.75 on Wednesday. The stock has a market capitalization of $476.20 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $103.05 and a 12 month high of $126.34. The firm has a fifty day simple moving average of $108.69 and a 200 day simple moving average of $114.37. 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 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 last year, the company earned $2.48 EPS. Research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

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.