Camelot Portfolios LLC Sells 353 Shares of Exxon Mobil Co. (NYSE:XOM)

Camelot Portfolios LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 7.6% during the 4th quarter, HoldingsChannel reports. The firm owned 4,269 shares of the oil and gas company’s stock after selling 353 shares during the period. Camelot Portfolios LLC’s holdings in Exxon Mobil were worth $459,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XOM. Vertex Planning Partners LLC lifted its position in Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after buying an additional 83 shares during the last quarter. First Heartland Consultants Inc. raised its stake in shares of Exxon Mobil by 0.9% in the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after acquiring an additional 87 shares during the period. Latitude Advisors LLC lifted its holdings in shares of Exxon Mobil by 0.7% in the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after acquiring an additional 88 shares during the last quarter. Longfellow Investment Management Co. LLC boosted its stake in shares of Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares during the period. Finally, West Oak Capital LLC grew its holdings in Exxon Mobil by 0.6% during the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after purchasing an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.4 %

NYSE XOM opened at $111.18 on Tuesday. The firm has a market cap of $482.42 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52 week low of $103.05 and a 52 week 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 50 day moving average price of $108.65 and a 200 day moving average price of $114.44.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 period in the previous year, the business posted $2.48 EPS. As a group, sell-side analysts forecast 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 Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.56%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’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 transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the company. HSBC dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. BMO Capital Markets reduced their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Wells Fargo & Company lowered their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Finally, Piper Sandler decreased their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

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.