Insider Selling: Exxon Mobil Co. (NYSE:XOM) VP Sells 2,100 Shares of Stock

Exxon Mobil Co. (NYSE:XOM) VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Exxon Mobil Trading Down 0.2 %

Shares of Exxon Mobil stock traded down $0.27 during trading hours on Wednesday, hitting $109.69. The company’s stock had a trading volume of 5,956,113 shares, compared to its average volume of 14,903,492. The stock has a 50 day moving average of $109.94 and a 200 day moving average of $115.08. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The company has a market capitalization of $482.10 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 2.79 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released 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 last year, the company posted $2.48 earnings per share. Analysts predict that Exxon Mobil Co. will post 7.65 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.61%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Keystone Financial Group Inc. purchased a new stake in Exxon Mobil in the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil in the 4th quarter valued at about $46,000. Compass Planning Associates Inc bought a new position in Exxon Mobil in the 4th quarter worth approximately $47,000. Compass Financial Services Inc bought a new stake in shares of Exxon Mobil during the fourth quarter valued at about $48,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Exxon Mobil in the third quarter worth $51,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on XOM shares. HSBC dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. BNP Paribas downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a research report on Wednesday, October 9th. Wolfe Research boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Bank of America started coverage on Exxon Mobil in a research note on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective for the company. Finally, The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $129.25.

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.