Investors Sell Exxon Mobil (XOM) on Strength (XOM)

Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading hours on Thursday. $156.85 million flowed into the stock on the tick-up and $228.35 million flowed out of the stock on the tick-down, for a money net flow of $71.50 million out of the stock. Of all companies tracked, Exxon Mobil had the 9th highest net out-flow for the day. Exxon Mobil traded up $0.97 for the day and closed at $75.86

Several brokerages have recently commented on XOM. Goldman Sachs Group set a $92.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Piper Jaffray Companies reiterated a “hold” rating and issued a $83.00 target price on shares of Exxon Mobil in a research report on Monday, February 5th. JPMorgan Chase & Co. set a $81.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Tuesday, December 12th. Zacks Investment Research lowered Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 14th. Finally, Vetr upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.50 price objective for the company in a research report on Monday, February 5th. Seven analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $87.02.

The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $321,430.00, a PE ratio of 23.49, a PEG ratio of 1.02 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). Exxon Mobil had a return on equity of 8.09% and a net margin of 7.61%. The business had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. During the same quarter last year, the firm posted $0.41 EPS. The company’s revenue was up 9.0% compared to the same quarter last year. equities research analysts predict that Exxon Mobil Co. will post 4.85 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 12th will be given a dividend of $0.77 per share. The ex-dividend date is Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a yield of 4.06%. Exxon Mobil’s dividend payout ratio (DPR) is presently 95.36%.

In other news, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $83.37, for a total value of $406,595.49. Following the sale, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The transaction 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 the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the sale, the vice president now directly owns 291,385 shares in the company, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock valued at $4,273,910 in the last quarter. 0.08% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. CWH Capital Management Inc. acquired a new stake in shares of Exxon Mobil during the second quarter worth $114,000. Litman Gregory Asset Management LLC acquired a new stake in shares of Exxon Mobil during the third quarter worth $131,000. Ford Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $137,000. Acrospire Investment Management LLC raised its position in shares of Exxon Mobil by 172.7% during the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 1,100 shares during the period. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in shares of Exxon Mobil by 2.7% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after purchasing an additional 50 shares during the period. 51.65% of the stock is currently owned by institutional investors.

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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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