Your Advocates Ltd. LLP Lowers Position in Exxon Mobil Co. (NYSE:XOM)

Your Advocates Ltd. LLP decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 18,008 shares of the oil and gas company’s stock after selling 151 shares during the period. Exxon Mobil comprises 0.8% of Your Advocates Ltd. LLP’s investment portfolio, making the stock its 13th largest holding. Your Advocates Ltd. LLP’s holdings in Exxon Mobil were worth $1,937,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the 4th quarter worth $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the fourth quarter worth $46,000. Compass Planning Associates Inc bought a new position in Exxon Mobil in the fourth quarter valued at $47,000. Compass Financial Services Inc purchased a new stake in Exxon Mobil during the fourth quarter valued at about $48,000. Finally, Peterson Financial Group Inc. purchased a new stake in Exxon Mobil during the third quarter valued at about $51,000. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on XOM. UBS Group cut their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. BMO Capital Markets cut their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Wells Fargo & Company decreased their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. HSBC lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, TD Cowen reduced their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Trading Down 1.4 %

XOM opened at $109.75 on Wednesday. The firm has a market capitalization of $476.20 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a one year low of $103.05 and a one year high of $126.34. The business has a 50 day simple moving average of $108.69 and a two-hundred day simple moving average of $114.37. 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 (NYSE:XOM) last announced its quarterly 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 12.92% and a net margin of 9.63%. During the same period in the previous year, the business posted $2.48 earnings per share. Analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by corporate insiders.

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.