Exxon Mobil Co. (NYSE:XOM) Holdings Cut by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC decreased its stake in Exxon Mobil Co. (NYSE:XOM) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,157 shares of the oil and gas company’s stock after selling 125 shares during the quarter. Consilio Wealth Advisors LLC’s holdings in Exxon Mobil were worth $770,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Persium Advisors LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth $610,000. Enterprise Bank & Trust Co increased its stake in shares of Exxon Mobil by 18.7% during the 4th quarter. Enterprise Bank & Trust Co now owns 5,319 shares of the oil and gas company’s stock worth $572,000 after purchasing an additional 838 shares during the last quarter. Fulcrum Capital LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth $452,000. Harbour Capital Advisors LLC increased its stake in shares of Exxon Mobil by 1.3% during the 4th quarter. Harbour Capital Advisors LLC now owns 51,412 shares of the oil and gas company’s stock worth $5,545,000 after purchasing an additional 645 shares during the last quarter. Finally, Forza Wealth Management LLC increased its stake in shares of Exxon Mobil by 0.9% during the 4th quarter. Forza Wealth Management LLC now owns 27,061 shares of the oil and gas company’s stock worth $2,911,000 after purchasing an additional 233 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on XOM shares. BMO Capital Markets increased their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research note on Friday, October 4th. Mizuho dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Wells Fargo & Company raised their target price on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research note on Thursday, December 12th. Finally, Barclays lowered their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Price Performance

NYSE:XOM opened at $109.27 on Tuesday. The company has a 50-day moving average of $113.31 and a 200-day moving average of $115.61. The company has a market capitalization of $480.25 billion, a price-to-earnings ratio of 13.61, a PEG ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period last year, the firm earned $2.27 EPS. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.62%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

About Exxon Mobil

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.