Hunter Associates Investment Management LLC Sells 1,419 Shares of Exxon Mobil Co. (NYSE:XOM)

Hunter Associates Investment Management LLC decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 49,098 shares of the oil and gas company’s stock after selling 1,419 shares during the period. Exxon Mobil makes up approximately 0.8% of Hunter Associates Investment Management LLC’s investment portfolio, making the stock its 27th biggest position. Hunter Associates Investment Management LLC’s holdings in Exxon Mobil were worth $5,279,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of XOM. Czech National Bank lifted its stake in shares of Exxon Mobil by 5.9% during the 3rd quarter. Czech National Bank now owns 905,051 shares of the oil and gas company’s stock valued at $106,090,000 after buying an additional 50,214 shares in the last quarter. GAMMA Investing LLC lifted its stake in Exxon Mobil by 23.0% in the 3rd quarter. GAMMA Investing LLC now owns 72,796 shares of the oil and gas company’s stock worth $8,533,000 after purchasing an additional 13,606 shares in the last quarter. Herbst Group LLC lifted its stake in Exxon Mobil by 1.3% in the 3rd quarter. Herbst Group LLC now owns 27,059 shares of the oil and gas company’s stock worth $3,172,000 after purchasing an additional 350 shares in the last quarter. WealthBridge Capital Management LLC lifted its stake in Exxon Mobil by 10.9% in the 3rd quarter. WealthBridge Capital Management LLC now owns 14,209 shares of the oil and gas company’s stock worth $1,666,000 after purchasing an additional 1,396 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its stake in Exxon Mobil by 2.3% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 44,154 shares of the oil and gas company’s stock worth $5,176,000 after purchasing an additional 1,006 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday. HSBC decreased their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday. BMO Capital Markets decreased 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. TD Cowen decreased their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $129.30.

Exxon Mobil Price Performance

Shares of XOM stock opened at $106.82 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a market capitalization of $469.48 billion, a P/E ratio of 13.30, a P/E/G ratio of 2.84 and a beta of 0.91. The company’s 50-day simple moving average is $110.36 and its two-hundred day simple moving average is $115.23. Exxon Mobil Co. has a one year low of $100.42 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.48 earnings per share. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.74 EPS for the current year.

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.