Strategic Wealth Advisors Group LLC Takes Position in Exxon Mobil Corporation (XOM)

Strategic Wealth Advisors Group LLC acquired a new stake in Exxon Mobil Corporation (NYSE:XOM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 213,187 shares of the oil and gas company’s stock, valued at approximately $17,210,000. Exxon Mobil comprises about 2.5% of Strategic Wealth Advisors Group LLC’s portfolio, making the stock its 7th largest position.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Exxon Mobil by 3.5% in the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock valued at $24,978,780,000 after buying an additional 10,366,636 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Exxon Mobil by 136,463.4% in the second quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock valued at $576,374,000 after buying an additional 7,134,305 shares during the last quarter. Harbour Capital Advisors LLC raised its position in shares of Exxon Mobil by 8,029.5% in the second quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock valued at $46,349,000 after buying an additional 3,695,728 shares during the last quarter. APG Asset Management N.V. raised its position in shares of Exxon Mobil by 22.7% in the second quarter. APG Asset Management N.V. now owns 11,272,171 shares of the oil and gas company’s stock valued at $910,002,000 after buying an additional 2,088,263 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Exxon Mobil by 365.5% in the second quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock valued at $214,591,000 after buying an additional 2,087,165 shares during the last quarter. 51.18% of the stock is currently owned by institutional investors and hedge funds.

Shares of Exxon Mobil Corporation (NYSE:XOM) traded up $0.41 during midday trading on Wednesday, hitting $83.17. 4,249,204 shares of the company’s stock traded hands, compared to its average volume of 10,966,153. The stock has a market cap of $350,660.00, a price-to-earnings ratio of 23.32, a P/E/G ratio of 1.74 and a beta of 0.82. Exxon Mobil Corporation has a 52 week low of $76.05 and a 52 week high of $93.22. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. The business had revenue of $66.17 billion during the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same quarter in the previous year, the company posted $0.63 EPS. equities research analysts forecast that Exxon Mobil Corporation will post 3.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 3.70%. The ex-dividend date was Friday, November 10th. Exxon Mobil’s dividend payout ratio (DPR) is presently 100.33%.

XOM has been the subject of a number of analyst reports. TheStreet raised shares of Exxon Mobil from a “c” rating to a “b-” rating in a report on Friday, October 27th. Vetr raised shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $79.60 price objective for the company in a report on Thursday, August 17th. Barclays set a $94.00 target price on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, August 21st. Societe Generale set a $95.00 target price on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, September 18th. Finally, Cowen reaffirmed a “buy” rating and set a $100.00 target price on shares of Exxon Mobil in a research note on Tuesday, September 19th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $86.20.

In related news, insider James M. Spellings, Jr. sold 9,379 shares of the business’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total value of $781,927.23. Following the completion of the transaction, the insider now owns 220,000 shares of the company’s stock, valued at approximately $18,341,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the completion of the transaction, the vice president now directly owns 229,774 shares of the company’s stock, valued at approximately $19,073,539.74. The disclosure for this sale can be found here. Insiders have sold a total of 62,013 shares of company stock valued at $5,084,352 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.

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Exxon Mobil Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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