Exxon Mobil Co. (XOM) Holdings Increased by Wedbush Securities Inc.

Wedbush Securities Inc. increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,265 shares of the oil and gas company’s stock after purchasing an additional 3,432 shares during the quarter. Exxon Mobil comprises about 1.0% of Wedbush Securities Inc.’s portfolio, making the stock its 10th biggest position. Wedbush Securities Inc.’s holdings in Exxon Mobil were worth $7,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWH Capital Management Inc. bought a new position in Exxon Mobil in the second quarter valued at approximately $114,000. Horan Securities Inc. boosted its stake in Exxon Mobil by 20.8% in the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock valued at $122,000 after acquiring an additional 260 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in Exxon Mobil by 172.7% in the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after acquiring an additional 1,100 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in Exxon Mobil by 2.7% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after acquiring an additional 50 shares during the last quarter. Finally, Saratoga Research & Investment Management bought a new position in Exxon Mobil in the third quarter valued at approximately $172,000. 51.06% of the stock is currently owned by institutional investors and hedge funds.

Shares of Exxon Mobil Co. (NYSE XOM) opened at $87.15 on Monday. Exxon Mobil Co. has a twelve month low of $76.05 and a twelve month high of $88.21. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. The company has a market cap of $369,260.00, a price-to-earnings ratio of 28.39, a P/E/G ratio of 1.34 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The business had revenue of $66.17 billion for the quarter, compared to analyst estimates of $63.51 billion. During the same period last year, the business posted $0.63 earnings per share. analysts predict that Exxon Mobil Co. will post 3.71 EPS for the current year.

In other Exxon Mobil news, VP Robert N. Schleckser sold 4,877 shares of Exxon Mobil stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,645,464.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Neil A. Chapman sold 12,000 shares of Exxon Mobil stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares in the company, valued at $24,199,524.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 51,357 shares of company stock worth $4,273,910. 0.08% of the stock is currently owned by company insiders.

XOM has been the topic of a number of recent research reports. Royal Bank of Canada reduced their price objective on shares of Exxon Mobil from $90.00 to $85.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 16th. Vetr raised shares of Exxon Mobil from a “sell” rating to a “hold” rating and set a $87.50 price objective on the stock in a research note on Tuesday, January 16th. Jefferies Group set a $90.00 price objective on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Friday. BNP Paribas set a $75.00 price objective on shares of Exxon Mobil and gave the company a “sell” rating in a research note on Wednesday, November 15th. Finally, JPMorgan Chase & Co. set a $83.00 price objective on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Monday, January 8th. Seven research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $86.71.

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Exxon Mobil Company 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.

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

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