Warren Street Wealth Advisors LLC Sells 513 Shares of Exxon Mobil Co. (NYSE:XOM)

Warren Street Wealth Advisors LLC lowered its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,146 shares of the oil and gas company’s stock after selling 513 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Exxon Mobil were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in XOM. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the 4th quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil during the fourth quarter valued at about $46,000. Compass Financial Services Inc acquired a new stake in shares of Exxon Mobil in the 4th quarter worth about $48,000. Peterson Financial Group Inc. bought a new position in Exxon Mobil in the 3rd quarter valued at about $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil during the 3rd quarter valued at about $54,000. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. BMO Capital Markets cut their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. Morgan Stanley increased their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Finally, UBS Group decreased their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Price Performance

XOM opened at $108.17 on Friday. The firm has a 50-day moving average price of $108.78 and a 200-day moving average price of $114.73. Exxon Mobil Co. has a twelve month low of $100.60 and a twelve month high of $126.34. 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 market capitalization of $475.42 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the firm posted $2.48 EPS. Equities analysts expect that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.66%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.