Aurdan Capital Management LLC Invests $635,000 in Exxon Mobil Co. (NYSE:XOM)

Aurdan Capital Management LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,905 shares of the oil and gas company’s stock, valued at approximately $635,000.

A number of other institutional investors have also made changes to their positions in the stock. Quantinno Capital Management LP boosted its holdings in shares of Exxon Mobil by 24.1% during the 4th quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company’s stock worth $61,332,000 after buying an additional 110,772 shares during the period. Accredited Wealth Management LLC acquired a new position in Exxon Mobil during the 4th quarter worth $55,000. Rockline Wealth Management LLC lifted its position in Exxon Mobil by 6.1% during the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock worth $2,788,000 after acquiring an additional 1,498 shares during the last quarter. Renasant Bank boosted its holdings in Exxon Mobil by 5.0% during the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after acquiring an additional 493 shares during the period. Finally, Paradigm Capital Management LLC NV grew its position in shares of Exxon Mobil by 1.6% in the fourth quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company’s stock valued at $1,532,000 after purchasing an additional 227 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Up 0.1%

Shares of XOM opened at $103.11 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $108.26 and a two-hundred day moving average price of $110.33. The stock has a market cap of $444.36 billion, a price-to-earnings ratio of 13.15, a P/E/G ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34.

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

Exxon Mobil Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.84%. Exxon Mobil’s payout ratio is presently 52.52%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a research report on Thursday. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Wells Fargo & Company reduced their price objective on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Scotiabank dropped their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research report on Friday, April 11th. Finally, Morgan Stanley cut their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $125.50.

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.