Crews Bank & Trust Purchases New Position in Exxon Mobil Co. (NYSE:XOM)

Crews Bank & Trust purchased a new stake in Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, HoldingsChannel reports. The fund purchased 12,961 shares of the oil and gas company’s stock, valued at approximately $1,394,000.

Other institutional investors have also bought and sold shares of the company. Lewis Asset Management LLC raised its position in Exxon Mobil by 3.1% in the 4th quarter. Lewis Asset Management LLC now owns 3,715 shares of the oil and gas company’s stock valued at $400,000 after purchasing an additional 112 shares during the last quarter. Busey Bank raised its position in Exxon Mobil by 1.8% in the 4th quarter. Busey Bank now owns 201,206 shares of the oil and gas company’s stock valued at $21,644,000 after purchasing an additional 3,608 shares during the last quarter. Synergy Asset Management LLC raised its position in Exxon Mobil by 82.5% in the 4th quarter. Synergy Asset Management LLC now owns 10,891 shares of the oil and gas company’s stock valued at $1,228,000 after purchasing an additional 4,923 shares during the last quarter. Baron Wealth Management LLC raised its position in Exxon Mobil by 18.0% in the 4th quarter. Baron Wealth Management LLC now owns 3,517 shares of the oil and gas company’s stock valued at $378,000 after purchasing an additional 537 shares during the last quarter. Finally, Baring Financial LLC bought a new position in Exxon Mobil in the 4th quarter valued at $468,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Down 2.5 %

NYSE:XOM opened at $106.82 on Monday. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a market cap of $469.48 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91. The stock has a 50-day moving average price of $110.36 and a two-hundred day moving average price of $115.23.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. During the same period last year, the firm earned $2.48 EPS. As a group, equities analysts expect that Exxon Mobil Co. will post 7.74 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a research report on Friday. 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. JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. UBS Group dropped their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, Scotiabank dropped their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $129.30.

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.