Cypress Capital LLC Has $2.01 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Cypress Capital LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 381.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 18,639 shares of the oil and gas company’s stock after buying an additional 14,765 shares during the period. Cypress Capital LLC’s holdings in Exxon Mobil were worth $2,005,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of XOM. Heritage Oak Wealth Advisors LLC bought a new position in shares of Exxon Mobil in the third quarter valued at approximately $348,000. Bank of Stockton increased its holdings in Exxon Mobil by 108.1% during the 3rd quarter. Bank of Stockton now owns 22,320 shares of the oil and gas company’s stock valued at $2,616,000 after purchasing an additional 11,596 shares in the last quarter. Sigma Investment Counselors Inc. raised its position in Exxon Mobil by 1.0% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 52,972 shares of the oil and gas company’s stock valued at $6,209,000 after purchasing an additional 528 shares during the last quarter. Joel Isaacson & Co. LLC boosted its stake in Exxon Mobil by 3.5% in the third quarter. Joel Isaacson & Co. LLC now owns 69,825 shares of the oil and gas company’s stock worth $8,185,000 after purchasing an additional 2,364 shares in the last quarter. Finally, Burford Brothers Inc. grew its holdings in shares of Exxon Mobil by 1.8% during the third quarter. Burford Brothers Inc. now owns 40,494 shares of the oil and gas company’s stock worth $4,747,000 after purchasing an additional 727 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the business’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 value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Up 0.4 %

Shares of NYSE:XOM opened at $111.18 on Tuesday. 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 stock has a market cap of $482.42 billion, a PE ratio of 14.18, a P/E/G ratio of 3.02 and a beta of 0.89. The business has a 50 day moving average of $108.65 and a 200-day moving average of $114.44. Exxon Mobil Co. has a 12-month low of $103.05 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results 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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the firm earned $2.48 EPS. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on XOM shares. Morgan Stanley upped their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Bernstein Bank increased their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. HSBC dropped their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. Finally, TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.